Post Utme Bowen University 2019 Accounting Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2019 Accounting Objective / Multiple Choice
Question 37 POST_UTME_BOWEN_UNIVERSITY • 2019 • ACCOUNTING • objective

A partnership is formed between two partners, A and B, with a capital of ₦200,000 and ₦300,000 respectively. After 2 years, the profit is divided in the ratio 2:3. Calculate the share of profit of partner A.

Answer Options

Correct Answer A. ₦40,000
B. ₦60,000
C. ₦80,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦40,000

About This Question

This is Post Utme Bowen University 2019 Accounting Question 37. It is one of the objective questions from the 2019 Post Utme Bowen University Accounting examination.

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