Post Utme Futo 2021 Accounting Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Futo Accounting examination.

Post Utme Futo 2021 Accounting Objective / Multiple Choice
Question 24 POST_UTME_FUTO • 2021 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a 60% interest in the partnership and Partner B has a 40% interest. If the partnership has a net income of 10,000, how much will Partner A receive in cash?

Answer Options

Correct Answer A. ₦6,000
B. ₦7,000
C. ₦8,000
D. ₦9,000
Correct Answer
A
Correct Option:
₦6,000

About This Question

This is Post Utme Futo 2021 Accounting Question 24. It is one of the objective questions from the 2021 Post Utme Futo Accounting examination.

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