Post Utme Greenfield University 2019 Accounting Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2019 Accounting Objective / Multiple Choice
Question 27 POST_UTME_GREENFIELD_UNIVERSITY • 2019 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. If the net profit for the year is ₦150,000, how much will A receive as their share of the profit?

Answer Options

A. ₦90,000
B. ₦120,000
Correct Answer C. ₦135,000
D. ₦150,000
Correct Answer
C
Correct Option:
₦135,000

About This Question

This is Post Utme Greenfield University 2019 Accounting Question 27. It is one of the objective questions from the 2019 Post Utme Greenfield University Accounting examination.

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