Post Utme Coal City University 2021 Accounting Question 17

Practice objective / multiple choice question 17 from the 2021 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2021 Accounting Objective / Multiple Choice
Question 17 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A partnership firm has two partners, A and B. The profit-sharing ratio is 3:2. The firm's profit for the year ended 31st December 2020 was ₦1,00,000. Calculate the amount of profit to be shared by partner A.

Answer Options

Correct Answer A. ₦1,00,000
B. ₦1,00,000
C. ₦1,00,000
D. ₦1,00,000
Correct Answer
A
Correct Option:
₦1,00,000

About This Question

This is Post Utme Coal City University 2021 Accounting Question 17. It is one of the objective questions from the 2021 Post Utme Coal City University Accounting examination.

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