Post Utme Afe Babalola University 2021 Accounting Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2021 Accounting Objective / Multiple Choice
Question 22 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • ACCOUNTING • objective

A partnership is formed between two partners, A and B, with a capital of ₦200,000 and ₦300,000 respectively. If the profit is divided in the ratio 3:2, what is the share of profit of partner A?

Answer Options

Correct Answer A. ₦1,80,000
B. ₦2,00,000
C. ₦2,20,000
D. ₦2,40,000
Correct Answer
A
Correct Option:
₦1,80,000

About This Question

This is Post Utme Afe Babalola University 2021 Accounting Question 22. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Accounting examination.

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