Post Utme Futa 2017 Accounting Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Futa Accounting examination.

Post Utme Futa 2017 Accounting Objective / Multiple Choice
Question 4 POST_UTME_FUTA • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A's capital is ₦10000 and partner B's capital is ₦20000. The profit-sharing ratio is 3:2. What is the amount of profit to be shared by partner A?

Answer Options

A. ₦10000
B. ₦20000
Correct Answer C. ₦30000
D. ₦40000
Correct Answer
C
Correct Option:
₦30000

About This Question

This is Post Utme Futa 2017 Accounting Question 4. It is one of the objective questions from the 2017 Post Utme Futa Accounting examination.

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