Post Utme Bsu 2020 Accounting Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Bsu Accounting examination.

Post Utme Bsu 2020 Accounting Objective / Multiple Choice
Question 28 POST_UTME_BSU • 2020 • ACCOUNTING • objective

A partnership is formed between two partners, A and B, with a capital of ₦1,000,000 and ₦500,000 respectively. After one year, the profit is ₦200,000. If A and B share the profit in the ratio 2:1, how much will A receive?

Answer Options

A. ₦400,000
Correct Answer B. ₦500,000
C. ₦600,000
D. ₦800,000
Correct Answer
B
Correct Option:
₦500,000

About This Question

This is Post Utme Bsu 2020 Accounting Question 28. It is one of the objective questions from the 2020 Post Utme Bsu Accounting examination.

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