Post Utme Esut 2021 Accounting Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Esut Accounting examination.

Post Utme Esut 2021 Accounting Objective / Multiple Choice
Question 32 POST_UTME_ESUT • 2021 • ACCOUNTING • objective

A partnership is formed between two partners, A and B, with a capital of ₦ 50,000 and ₦ 30,000 respectively. After one year, the profit is ₦ 15,000. If the profit is divided in the ratio 2:1, calculate the share of profit of partner A.

Answer Options

A. ₦ 10,000
B. ₦ 12,000
Correct Answer C. ₦ 15,000
D. ₦ 18,000
Correct Answer
C
Correct Option:
₦ 15,000

About This Question

This is Post Utme Esut 2021 Accounting Question 32. It is one of the objective questions from the 2021 Post Utme Esut Accounting examination.

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