Post Utme Futo 2018 Accounting Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Futo Accounting examination.

Post Utme Futo 2018 Accounting Objective / Multiple Choice
Question 19 POST_UTME_FUTO • 2018 • ACCOUNTING • objective

A company has two partners, A and B. The capital of A is ₦500,000 and that of B is ₦300,000. The profit-sharing ratio is 3:2. If the company made a profit of ₦200,000, how much will A receive?

Answer Options

Correct Answer A. ₦150,000
B. ₦120,000
C. ₦180,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Futo 2018 Accounting Question 19. It is one of the objective questions from the 2018 Post Utme Futo Accounting examination.

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