Post Utme Bsu 2023 Accounting Question 17

Practice objective / multiple choice question 17 from the 2023 Post Utme Bsu Accounting examination.

Post Utme Bsu 2023 Accounting Objective / Multiple Choice
Question 17 POST_UTME_BSU • 2023 • ACCOUNTING • objective

A partnership of two persons, A and B, has a capital of ₦200,000. A contributes ₦120,000 and B contributes ₦80,000. The profit-sharing ratio is 3:2. Calculate the profit-sharing ratio in terms of the capital contributed by each partner.

Answer Options

A. 3:1
Correct Answer B. 3:2
C. 2:1
D. 1:2
Correct Answer
B
Correct Option:
3:2

About This Question

This is Post Utme Bsu 2023 Accounting Question 17. It is one of the objective questions from the 2023 Post Utme Bsu Accounting examination.

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