Post Utme Esut 2018 Accounting Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Esut Accounting examination.

Post Utme Esut 2018 Accounting Objective / Multiple Choice
Question 22 POST_UTME_ESUT • 2018 • ACCOUNTING • objective

A partnership business had a capital of ₦ 50,000 divided between two partners, A and B, in the ratio 3:2. If the profits were divided in the same ratio, calculate the share of profit of A and B.

Answer Options

Correct Answer A. A: ₦ 18,000, B: ₦ 12,000
B. A: ₦ 20,000, B: ₦ 10,000
C. A: ₦ 22,000, B: ₦ 8,000
D. A: ₦ 24,000, B: ₦ 6,000
Correct Answer
A
Correct Option:
A: ₦ 18,000, B: ₦ 12,000

About This Question

This is Post Utme Esut 2018 Accounting Question 22. It is one of the objective questions from the 2018 Post Utme Esut Accounting examination.

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