Post Utme Bowen University 2023 Accounting Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2023 Accounting Objective / Multiple Choice
Question 40 POST_UTME_BOWEN_UNIVERSITY • 2023 • ACCOUNTING • objective

A partnership has three partners, A, B, and C, who share profits in the ratio 2:3:1. If the total profit for the year is ₦2,000,000, calculate the amount of profit that will be distributed to partner C.

Answer Options

A. ₦400,000
B. ₦300,000
C. ₦200,000
Correct Answer D. ₦100,000
Correct Answer
D
Correct Option:
₦100,000

About This Question

This is Post Utme Bowen University 2023 Accounting Question 40. It is one of the objective questions from the 2023 Post Utme Bowen University Accounting examination.

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