Post Utme Al Hikmah University 2023 Accounting Question 1
Practice objective / multiple choice question 1 from the 2023 Post Utme Al Hikmah University Accounting examination.
A partnership is formed between two individuals, A and B, with a capital contribution of ₦500,000 and ₦300,000 respectively. The profit-sharing ratio is 3:2. If the profit for the year is ₦750,000, calculate the amount of profit that should be shared by A.
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This is Post Utme Al Hikmah University 2023 Accounting Question 1. It is one of the objective questions from the 2023 Post Utme Al Hikmah University Accounting examination.
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