Post Utme Ksu 2019 Accounting Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Ksu Accounting examination.

Post Utme Ksu 2019 Accounting Objective / Multiple Choice
Question 13 POST_UTME_KSU • 2019 • ACCOUNTING • objective

A partnership is formed between two partners, A and B, with a capital contribution of ₦200,000 and ₦300,000 respectively. If the profit is shared in the ratio 2:3, what is the share of profit of partner A?

Answer Options

Correct Answer A. ₦400,000
B. ₦600,000
C. ₦800,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦400,000

About This Question

This is Post Utme Ksu 2019 Accounting Question 13. It is one of the objective questions from the 2019 Post Utme Ksu Accounting examination.

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