Post Utme Babcock University 2019 Accounting Question 2

Practice objective / multiple choice question 2 from the 2019 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2019 Accounting Objective / Multiple Choice
Question 2 POST_UTME_BABCOCK_UNIVERSITY • 2019 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a 60% interest in the partnership and partner B has a 40% interest. If the partnership has a net income of ₦200,000, how much will partner A receive as their share of the net income?

Answer Options

Correct Answer A. ₦120,000
B. ₦80,000
C. ₦60,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦120,000

About This Question

This is Post Utme Babcock University 2019 Accounting Question 2. It is one of the objective questions from the 2019 Post Utme Babcock University Accounting examination.

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