Post Utme Delsu 2022 Accounting Question 6
Practice objective / multiple choice question 6 from the 2022 Post Utme Delsu Accounting examination.
A partnership was formed on January 1, 2022, between three individuals, A, B, and C, with initial capital contributions of ₦500,000, ₦300,000, and ₦200,000, respectively. During the year, the partnership earned a profit of ₦150,000. The profit was divided in the ratio 2:3:4. Calculate the amount of profit shared by partner A.
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About This Question
This is Post Utme Delsu 2022 Accounting Question 6. It is one of the objective questions from the 2022 Post Utme Delsu Accounting examination.
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