Post Utme Coal City University 2019 Accounting Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2019 Accounting Objective / Multiple Choice
Question 3 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. If the total profit for the year is ₦120,000, how much will partner A receive?

Answer Options

A. ₦60,000
Correct Answer B. ₦72,000
C. ₦90,000
D. ₦108,000
Correct Answer
B
Correct Option:
₦72,000

About This Question

This is Post Utme Coal City University 2019 Accounting Question 3. It is one of the objective questions from the 2019 Post Utme Coal City University Accounting examination.

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