Post Utme Greenfield University 2024 Accounting Question 28

Practice objective / multiple choice question 28 from the 2024 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2024 Accounting Objective / Multiple Choice
Question 28 POST_UTME_GREENFIELD_UNIVERSITY • 2024 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A's capital is ₦200,000 and Partner B's capital is ₦300,000. If the partnership's profit is ₦100,000, what is Partner A's share of the profit?

Answer Options

Correct Answer A. ₦40,000
B. ₦60,000
C. ₦80,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦40,000

About This Question

This is Post Utme Greenfield University 2024 Accounting Question 28. It is one of the objective questions from the 2024 Post Utme Greenfield University Accounting examination.

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