Post Utme Greenfield University 2019 Accounting Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2019 Accounting Objective / Multiple Choice
Question 37 POST_UTME_GREENFIELD_UNIVERSITY • 2019 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital accounts of A and B are ₦50,000 and ₦30,000 respectively. The profit-sharing ratio is 3:2. What is the total profit to be shared by the partners?

Answer Options

A. ₦60,000
B. ₦80,000
Correct Answer C. ₦100,000
D. ₦120,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Greenfield University 2019 Accounting Question 37. It is one of the objective questions from the 2019 Post Utme Greenfield University Accounting examination.

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