Post Utme Achievers University 2017 Accounting Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2017 Accounting Objective / Multiple Choice
Question 5 POST_UTME_ACHIEVERS_UNIVERSITY • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. If the net income for the year is ₦120,000, what is A's share of the net income?

Answer Options

Correct Answer A. ₦90,000
B. ₦100,000
C. ₦110,000
D. ₦120,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Achievers University 2017 Accounting Question 5. It is one of the objective questions from the 2017 Post Utme Achievers University Accounting examination.

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