Post Utme Futo 2020 Accounting Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Futo Accounting examination.

Post Utme Futo 2020 Accounting Objective / Multiple Choice
Question 28 POST_UTME_FUTO • 2020 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a 60% interest in the partnership, while Partner B has a 40% interest. If the partnership has a profit of ₦120,000, how much will Partner A receive?

Answer Options

Correct Answer A. ₦72,000
B. ₦80,000
C. ₦90,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦72,000

About This Question

This is Post Utme Futo 2020 Accounting Question 28. It is one of the objective questions from the 2020 Post Utme Futo Accounting examination.

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