Post Utme Achievers University 2023 Accounting Question 31
Practice objective / multiple choice question 31 from the 2023 Post Utme Achievers University Accounting examination.
A partnership is formed between two individuals, A and B, with a capital of ₦500,000 each. During the year, A withdrew ₦100,000 for personal use, while B invested an additional ₦50,000. The profit for the year is ₦200,000. Calculate the share of profit of each partner.
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About This Question
This is Post Utme Achievers University 2023 Accounting Question 31. It is one of the objective questions from the 2023 Post Utme Achievers University Accounting examination.
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