Post Utme Futo 2023 Accounting Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Futo Accounting examination.

Post Utme Futo 2023 Accounting Objective / Multiple Choice
Question 23 POST_UTME_FUTO • 2023 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. The partnership's profit for the year is ₦1,800,000. Calculate the amount of profit that will be distributed to partner A.

Answer Options

Correct Answer A. ₦1,200,000
B. ₦1,500,000
C. ₦1,800,000
D. ₦2,100,000
Correct Answer
A
Correct Option:
₦1,200,000

About This Question

This is Post Utme Futo 2023 Accounting Question 23. It is one of the objective questions from the 2023 Post Utme Futo Accounting examination.

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