Post Utme Bells University 2019 Accounting Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Bells University Accounting examination.

Post Utme Bells University 2019 Accounting Objective / Multiple Choice
Question 20 POST_UTME_BELLS_UNIVERSITY • 2019 • ACCOUNTING • objective

A partnership has three partners, A, B, and C. A invests ₦60,000, B invests ₦40,000, and C invests ₦20,000. The profit is divided in the ratio 4:3:2. Calculate the share of profit of C.

Answer Options

A. ₦10,000
B. ₦15,000
Correct Answer C. ₦20,000
D. ₦25,000
Correct Answer
C
Correct Option:
₦20,000

About This Question

This is Post Utme Bells University 2019 Accounting Question 20. It is one of the objective questions from the 2019 Post Utme Bells University Accounting examination.

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