Post Utme Babcock University 2019 Accounting Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2019 Accounting Objective / Multiple Choice
Question 38 POST_UTME_BABCOCK_UNIVERSITY • 2019 • ACCOUNTING • objective

A partnership has the following capital accounts: Partner A: ₦100,000; Partner B: ₦150,000; Partner C: ₦200,000. The profits are to be shared in the ratio 2:3:4. Determine the amount of profit to be distributed to each partner.

Answer Options

A. ₦50,000
Correct Answer B. ₦75,000
C. ₦100,000
D. ₦125,000
Correct Answer
B
Correct Option:
₦75,000

About This Question

This is Post Utme Babcock University 2019 Accounting Question 38. It is one of the objective questions from the 2019 Post Utme Babcock University Accounting examination.

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