Post Utme Esut 2023 Accounting Question 29

Practice objective / multiple choice question 29 from the 2023 Post Utme Esut Accounting examination.

Post Utme Esut 2023 Accounting Objective / Multiple Choice
Question 29 POST_UTME_ESUT • 2023 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A invests ₦50,000 and Partner B invests ₦30,000. The partnership's profit is divided in the ratio 2:1. What is the share of profit of Partner A?

Answer Options

Correct Answer A. ₦60,000
B. ₦40,000
C. ₦50,000
D. ₦30,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Esut 2023 Accounting Question 29. It is one of the objective questions from the 2023 Post Utme Esut Accounting examination.

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