Post Utme Futa 2023 Accounting Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Futa Accounting examination.

Post Utme Futa 2023 Accounting Objective / Multiple Choice
Question 32 POST_UTME_FUTA • 2023 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital accounts of A and B are ₦200,000 and ₦300,000 respectively. The profit-sharing ratio is 2:3. Calculate the profit-sharing ratio in percentage.

Answer Options

A. 20%
Correct Answer B. 30%
C. 40%
D. 50%
Correct Answer
B
Correct Option:
30%

About This Question

This is Post Utme Futa 2023 Accounting Question 32. It is one of the objective questions from the 2023 Post Utme Futa Accounting examination.

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