Post Utme Achievers University 2018 Accounting Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2018 Accounting Objective / Multiple Choice
Question 2 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital contributions of A and B are ₦80,000 and ₦60,000 respectively. The profit-sharing ratio is 3:2. What is the amount of profit that A will receive?

Answer Options

A. ₦24,000
B. ₦30,000
Correct Answer C. ₦36,000
D. ₦42,000
Correct Answer
C
Correct Option:
₦36,000

About This Question

This is Post Utme Achievers University 2018 Accounting Question 2. It is one of the objective questions from the 2018 Post Utme Achievers University Accounting examination.

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