Post Utme Futa 2018 Accounting Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Futa Accounting examination.

Post Utme Futa 2018 Accounting Objective / Multiple Choice
Question 18 POST_UTME_FUTA • 2018 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, with a capital of ₦200,000 and ₦300,000 respectively. If the profit is ₦50,000, what is A's share of the profit?

Answer Options

A. ₦20,000
B. ₦25,000
Correct Answer C. ₦30,000
D. ₦35,000
Correct Answer
C
Correct Option:
₦30,000

About This Question

This is Post Utme Futa 2018 Accounting Question 18. It is one of the objective questions from the 2018 Post Utme Futa Accounting examination.

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