Post Utme Greenfield University 2017 Accounting Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2017 Accounting Objective / Multiple Choice
Question 22 POST_UTME_GREENFIELD_UNIVERSITY • 2017 • ACCOUNTING • objective

A partnership business has two partners, A and B. The capital contributed by A is ₠ 50,000 and by B is ₠ 30,000. The profit-sharing ratio is 3:2. Calculate the share of profit of A.

Answer Options

Correct Answer A. ₠ 27,000
B. ₠ 30,000
C. ₠ 32,000
D. ₠ 35,000
Correct Answer
A
Correct Option:
₠ 27,000

About This Question

This is Post Utme Greenfield University 2017 Accounting Question 22. It is one of the objective questions from the 2017 Post Utme Greenfield University Accounting examination.

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