Post Utme Coal City University 2024 Accounting Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2024 Accounting Objective / Multiple Choice
Question 3 POST_UTME_COAL_CITY_UNIVERSITY • 2024 • 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. Calculate the profit to be shared by A.

Answer Options

Correct Answer A. ₦18,000
B. ₦20,000
C. ₦22,000
D. ₦24,000
Correct Answer
A
Correct Option:
₦18,000

About This Question

This is Post Utme Coal City University 2024 Accounting Question 3. It is one of the objective questions from the 2024 Post Utme Coal City University Accounting examination.

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