Post Utme Futo 2024 Accounting Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Futo Accounting examination.

Post Utme Futo 2024 Accounting Objective / Multiple Choice
Question 7 POST_UTME_FUTO • 2024 • 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 profit of ₦120,000, how much will Partner A receive?

Answer Options

Correct Answer A. ₦72,000
B. ₦48,000
C. ₦60,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦72,000

About This Question

This is Post Utme Futo 2024 Accounting Question 7. It is one of the objective questions from the 2024 Post Utme Futo Accounting examination.

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