Post Utme Esut 2017 Accounting Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Esut Accounting examination.

Post Utme Esut 2017 Accounting Objective / Multiple Choice
Question 34 POST_UTME_ESUT • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a capital of ₦500,000 and a profit-sharing ratio of 3:2. Partner B has a capital of ₦750,000 and a profit-sharing ratio of 2:3. What is the ratio of profit sharing between the two partners?

Answer Options

Correct Answer A. 3:2
B. 2:3
C. 1:1
D. 4:3
Correct Answer
A
Correct Option:
3:2

About This Question

This is Post Utme Esut 2017 Accounting Question 34. It is one of the objective questions from the 2017 Post Utme Esut Accounting examination.

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