Post Utme Bells University 2021 Accounting Question 32
Practice objective / multiple choice question 32 from the 2021 Post Utme Bells University Accounting examination.
A partnership has two partners, A and B. The capital of the partnership is ₦500,000, divided into 5,000 shares of ₦100 each. Partner A has 2,000 shares and partner B has 3,000 shares. If the profit is divided in the ratio 2:3, what is the share of profit of partner A?
Answer Options
About This Question
This is Post Utme Bells University 2021 Accounting Question 32. It is one of the objective questions from the 2021 Post Utme Bells University Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.