Post Utme Bowen University 2023 Accounting Question 22

Practice objective / multiple choice question 22 from the 2023 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2023 Accounting Objective / Multiple Choice
Question 22 POST_UTME_BOWEN_UNIVERSITY • 2023 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A invests ₦200,000 and Partner B invests ₦300,000. The profit-sharing ratio is 3:2. If the total profit for the year is ₦150,000, how much will Partner A receive?

Answer Options

Correct Answer A. ₦90,000
B. ₦120,000
C. ₦150,000
D. ₦180,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Bowen University 2023 Accounting Question 22. It is one of the objective questions from the 2023 Post Utme Bowen University Accounting examination.

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