Post Utme Ims U 2024 Accounting Question 17

Practice objective / multiple choice question 17 from the 2024 Post Utme Ims U Accounting examination.

Post Utme Ims U 2024 Accounting Objective / Multiple Choice
Question 17 POST_UTME_IMS_U • 2024 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital accounts of A and B are ₦100,000 and ₦80,000 respectively. The profit-sharing ratio is 3:2. What is the total profit-sharing ratio?

Answer Options

Correct Answer A. 3:2
B. 5:3
C. 7:4
D. 9:5
Correct Answer
A
Correct Option:
3:2

About This Question

This is Post Utme Ims U 2024 Accounting Question 17. It is one of the objective questions from the 2024 Post Utme Ims U Accounting examination.

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