Post Utme Futo 2019 Accounting Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Futo Accounting examination.

Post Utme Futo 2019 Accounting Objective / Multiple Choice
Question 18 POST_UTME_FUTO • 2019 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. If the total profit for the year is ₦120,000, calculate the share of profit of partner A.

Answer Options

Correct Answer A. ₦90,000
B. ₦80,000
C. ₦70,000
D. ₦60,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Futo 2019 Accounting Question 18. It is one of the objective questions from the 2019 Post Utme Futo Accounting examination.

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