Post Utme Elizade University 2024 Accounting Question 34

Practice objective / multiple choice question 34 from the 2024 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2024 Accounting Objective / Multiple Choice
Question 34 POST_UTME_ELIZADE_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has a capital of ₦200,000 and a profit of ₦50,000. The partners' capital ratio is 2:3. What is the share of profit for partner A?

Answer Options

Correct Answer A. ₦20,000
B. ₦25,000
C. ₦30,000
D. ₦35,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Elizade University 2024 Accounting Question 34. It is one of the objective questions from the 2024 Post Utme Elizade University Accounting examination.

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