Post Utme Esut 2023 Accounting Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Esut Accounting examination.

Post Utme Esut 2023 Accounting Objective / Multiple Choice
Question 15 POST_UTME_ESUT • 2023 • ACCOUNTING • objective

The following is an extract from the financial statements of a company: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Sales | | 10,000 | | 2nd Jan | Purchases | 8,000 | | | 3rd Jan | Cash | | 12,000 | Determine the amount of profit to be shared by each partner.

Answer Options

A. ₦22,000
B. ₦23,000
Correct Answer C. ₦24,000
D. ₦25,000
Correct Answer
C
Correct Option:
₦24,000

About This Question

This is Post Utme Esut 2023 Accounting Question 15. It is one of the objective questions from the 2023 Post Utme Esut Accounting examination.

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