Post Utme Babcock University 2025 Accounting Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2025 Accounting Objective / Multiple Choice
Question 22 POST_UTME_BABCOCK_UNIVERSITY • 2025 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B. The partnership agreement states that the profits will be shared in the ratio 3:2. However, the partnership has incurred a loss of ₦50,000. How will the loss be shared between A and B?

Answer Options

A. A will bear 60% of the loss and B will bear 40%.
B. A will bear 55% of the loss and B will bear 45%.
Correct Answer C. A will bear 50% of the loss and B will bear 50%.
D. A will bear 65% of the loss and B will bear 35%.
Correct Answer
C
Correct Option:
A will bear 50% of the loss and B will bear 50%.

About This Question

This is Post Utme Babcock University 2025 Accounting Question 22. It is one of the objective questions from the 2025 Post Utme Babcock University Accounting examination.

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