Post Utme Greenfield University 2020 Accounting Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2020 Accounting Objective / Multiple Choice
Question 27 POST_UTME_GREENFIELD_UNIVERSITY • 2020 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital of A is ₦200,000, and the capital of B is ₦300,000. The profit-sharing ratio is 2:3. What is the amount of profit that A will receive?

Answer Options

A. ₦100,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Greenfield University 2020 Accounting Question 27. It is one of the objective questions from the 2020 Post Utme Greenfield University Accounting examination.

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