Post Utme Eksu 2017 Accounting Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Eksu Accounting examination.

Post Utme Eksu 2017 Accounting Objective / Multiple Choice
Question 19 POST_UTME_EKSU • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital accounts of A and B are ₦100,000 and ₦80,000 respectively. If the profit for the year is ₦120,000, what is the amount of the partner's gain if the profit is divided in the ratio 3:2?

Answer Options

A. ₦60,000
Correct Answer B. ₦72,000
C. ₦90,000
D. ₦120,000
Correct Answer
B
Correct Option:
₦72,000

About This Question

This is Post Utme Eksu 2017 Accounting Question 19. It is one of the objective questions from the 2017 Post Utme Eksu Accounting examination.

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