Post Utme Igbinedion University 2019 Accounting Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2019 Accounting Objective / Multiple Choice
Question 12 POST_UTME_IGBINEDION_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has two partners, A and B, who share profits in the ratio 3:2. If the total profit for the year is ₦1,500,000, calculate the share of profit of partner A.

Answer Options

Correct Answer A. ₦1,350,000
B. ₦1,200,000
C. ₦900,000
D. ₦600,000
Correct Answer
A
Correct Option:
₦1,350,000

About This Question

This is Post Utme Igbinedion University 2019 Accounting Question 12. It is one of the objective questions from the 2019 Post Utme Igbinedion University Accounting examination.

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