Post Utme Achievers University 2023 Accounting Question 25

Practice objective / multiple choice question 25 from the 2023 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2023 Accounting Objective / Multiple Choice
Question 25 POST_UTME_ACHIEVERS_UNIVERSITY • 2023 • ACCOUNTING • objective

A firm has two partners, A and B, who share profits in the ratio 2:3. The capital of A is ₦30,000 and that of B is ₦45,000. Calculate the profit-sharing ratio of A and B.

Answer Options

Correct Answer A. 2:3
B. 3:2
C. 4:3
D. 5:4
Correct Answer
A
Correct Option:
2:3

About This Question

This is Post Utme Achievers University 2023 Accounting Question 25. It is one of the objective questions from the 2023 Post Utme Achievers University Accounting examination.

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