Post Utme Ims U 2020 Accounting Question 36

Practice objective / multiple choice question 36 from the 2020 Post Utme Ims U Accounting examination.

Post Utme Ims U 2020 Accounting Objective / Multiple Choice
Question 36 POST_UTME_IMS_U • 2020 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital of A is ₦50,000 and that of B is ₦30,000. The profit-sharing ratio is 3:2. Calculate the profit to be shared by A.

Answer Options

Correct Answer A. ₦18,000
B. ₦20,000
C. ₦22,000
D. ₦24,000
Correct Answer
A
Correct Option:
₦18,000

About This Question

This is Post Utme Ims U 2020 Accounting Question 36. It is one of the objective questions from the 2020 Post Utme Ims U Accounting examination.

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