Post Utme Ims U 2022 Accounting Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Ims U Accounting examination.

Post Utme Ims U 2022 Accounting Objective / Multiple Choice
Question 23 POST_UTME_IMS_U • 2022 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital accounts of A and B are ₦200,000 and ₦300,000 respectively. If the profit for the year is ₦100,000, what is the share of profit for partner A?

Answer Options

A. ₦50,000
Correct Answer B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
B
Correct Option:
₦60,000

About This Question

This is Post Utme Ims U 2022 Accounting Question 23. It is one of the objective questions from the 2022 Post Utme Ims U Accounting examination.

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