Post Utme Ims U 2022 Accounting Question 29

Practice objective / multiple choice question 29 from the 2022 Post Utme Ims U Accounting examination.

Post Utme Ims U 2022 Accounting Objective / Multiple Choice
Question 29 POST_UTME_IMS_U • 2022 • ACCOUNTING • objective

A partnership has the following capital balances: Partner A ₦100,000, Partner B ₦120,000, and Partner C ₦80,000. If the net income is ₦20,000, what is Partner A's share of net income?

Answer Options

Correct Answer A. ₦6,667
B. ₦8,000
C. ₦10,000
D. ₦12,000
Correct Answer
A
Correct Option:
₦6,667

About This Question

This is Post Utme Ims U 2022 Accounting Question 29. It is one of the objective questions from the 2022 Post Utme Ims U Accounting examination.

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