Post Utme Christopher University 2019 Accounting Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2019 Accounting Objective / Multiple Choice
Question 12 POST_UTME_CHRISTOPHER_UNIVERSITY • 2019 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital accounts of A and B are ₦50,000 and ₦30,000 respectively. The profit-sharing ratio is 3:2. What is the total profit-sharing ratio?

Answer Options

Correct Answer A. 3:2
B. 5:3
C. 6:4
D. 7:5
Correct Answer
A
Correct Option:
3:2

About This Question

This is Post Utme Christopher University 2019 Accounting Question 12. It is one of the objective questions from the 2019 Post Utme Christopher University Accounting examination.

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