Post Utme Coal City University 2020 Accounting Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2020 Accounting Objective / Multiple Choice
Question 17 POST_UTME_COAL_CITY_UNIVERSITY • 2020 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a 60% interest in the partnership and partner B has a 40% interest. If the partnership has a profit of ₦200,000, how much will partner A receive as their share of the profit?

Answer Options

Correct Answer A. ₦120,000
B. ₦140,000
C. ₦160,000
D. ₦180,000
Correct Answer
A
Correct Option:
₦120,000

About This Question

This is Post Utme Coal City University 2020 Accounting Question 17. It is one of the objective questions from the 2020 Post Utme Coal City University Accounting examination.

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