Post Utme Christopher University 2021 Accounting Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2021 Accounting Objective / Multiple Choice
Question 38 POST_UTME_CHRISTOPHER_UNIVERSITY • 2021 • ACCOUNTING • objective

A partnership of two persons, A and B, has a capital of ₦ 100,000. A invested ₦ 60,000 and B invested ₦ 40,000. If the profit is to be shared in the ratio of 3:2, what is the share of A?

Answer Options

A. ₦ 45,000
B. ₦ 50,000
C. ₦ 55,000
Correct Answer D. ₦ 60,000
Correct Answer
D
Correct Option:
₦ 60,000

About This Question

This is Post Utme Christopher University 2021 Accounting Question 38. It is one of the objective questions from the 2021 Post Utme Christopher University Accounting examination.

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