Post Utme Bowen University 2019 Accounting Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2019 Accounting Objective / Multiple Choice
Question 8 POST_UTME_BOWEN_UNIVERSITY • 2019 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B. A invests ₦50,000 and B invests ₦30,000. The profit is divided in the ratio 3:2. Calculate the share of profit of A.

Answer Options

A. ₦60,000
Correct Answer B. ₦70,000
C. ₦80,000
D. ₦90,000
Correct Answer
B
Correct Option:
₦70,000

About This Question

This is Post Utme Bowen University 2019 Accounting Question 8. It is one of the objective questions from the 2019 Post Utme Bowen University Accounting examination.

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