Post Utme Achievers University 2017 Accounting Question 32

Practice objective / multiple choice question 32 from the 2017 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2017 Accounting Objective / Multiple Choice
Question 32 POST_UTME_ACHIEVERS_UNIVERSITY • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a 60% interest in the partnership, while partner B has a 40% interest. If the partnership's net income is ₦120,000, how much will partner A receive in cash?

Answer Options

Correct Answer A. ₦72,000
B. ₦48,000
C. ₦60,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦72,000

About This Question

This is Post Utme Achievers University 2017 Accounting Question 32. It is one of the objective questions from the 2017 Post Utme Achievers University Accounting examination.

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