Post Utme Achievers University 2020 Accounting Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2020 Accounting Objective / Multiple Choice
Question 18 POST_UTME_ACHIEVERS_UNIVERSITY • 2020 • ACCOUNTING • objective

A partnership has two partners: John and Jane. John has a 60% interest in the partnership and Jane has a 40% interest. If the partnership has a net income of ₦500,000, what is John's share of the net income?

Answer Options

Correct Answer A. ₦300,000
B. ₦400,000
C. ₦300,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Achievers University 2020 Accounting Question 18. It is one of the objective questions from the 2020 Post Utme Achievers University Accounting examination.

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