Post Utme Greenfield University 2020 Accounting Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2020 Accounting Objective / Multiple Choice
Question 2 POST_UTME_GREENFIELD_UNIVERSITY • 2020 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. If the total profit for the year is ₦120,000, how much will each partner receive?

Answer Options

Correct Answer A. ₦54,000 and ₦36,000
B. ₦42,000 and ₦30,000
C. ₦48,000 and ₦32,000
D. ₦60,000 and ₦40,000
Correct Answer
A
Correct Option:
₦54,000 and ₦36,000

About This Question

This is Post Utme Greenfield University 2020 Accounting Question 2. It is one of the objective questions from the 2020 Post Utme Greenfield University Accounting examination.

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