Post Utme Bells University 2021 Accounting Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Bells University Accounting examination.

Post Utme Bells University 2021 Accounting Objective / Multiple Choice
Question 9 POST_UTME_BELLS_UNIVERSITY • 2021 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a 60% interest in the partnership and Partner B has a 40% interest. If the partnership's net income for the year is ₦120,000, what is Partner A's share of the net income?

Answer Options

Correct Answer A. ₦72,000
B. ₦80,000
C. ₦90,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦72,000

About This Question

This is Post Utme Bells University 2021 Accounting Question 9. It is one of the objective questions from the 2021 Post Utme Bells University Accounting examination.

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