Post Utme Greenfield University 2023 Accounting Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2023 Accounting Objective / Multiple Choice
Question 24 POST_UTME_GREENFIELD_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's profit and loss account shows a profit of ₦500,000. If the company's capital is divided equally between two partners, A and B, and the profit is divided in the ratio 3:2, how much will A receive?

Answer Options

Correct Answer A. ₦450,000
B. ₦300,000
C. ₦500,000
D. ₦600,000
Correct Answer
A
Correct Option:
₦450,000

About This Question

This is Post Utme Greenfield University 2023 Accounting Question 24. It is one of the objective questions from the 2023 Post Utme Greenfield University Accounting examination.

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