Post Utme Ims U 2024 Accounting Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Ims U Accounting examination.

Post Utme Ims U 2024 Accounting Objective / Multiple Choice
Question 35 POST_UTME_IMS_U • 2024 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. The partnership's profit for the year is ₦1,200,000. What is the amount of profit that partner A will receive?

Answer Options

Correct Answer A. ₦600,000
B. ₦800,000
C. ₦900,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦600,000

About This Question

This is Post Utme Ims U 2024 Accounting Question 35. It is one of the objective questions from the 2024 Post Utme Ims U Accounting examination.

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