Post Utme Caleb University 2022 Accounting Question 34
Practice objective / multiple choice question 34 from the 2022 Post Utme Caleb University Accounting examination.
A partnership consists of three partners, A, B, and C. The capital contributions of the partners are as follows: A ₦100,000, B ₦80,000, and C ₦120,000. The profit-sharing ratio is 3:2:1. What is the total profit of the partnership if the total profit is ₦150,000?
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This is Post Utme Caleb University 2022 Accounting Question 34. It is one of the objective questions from the 2022 Post Utme Caleb University Accounting examination.
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