Post Utme Babcock University 2023 Accounting Question 29
Practice objective / multiple choice question 29 from the 2023 Post Utme Babcock University Accounting examination.
A partnership has two partners, A and B. The capital accounts of A and B are ₦50,000 and ₦30,000 respectively. The profit-sharing ratio is 2:1. If the profit for the year is ₦20,000, what is the amount of profit to be distributed to partner A?
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About This Question
This is Post Utme Babcock University 2023 Accounting Question 29. It is one of the objective questions from the 2023 Post Utme Babcock University Accounting examination.
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