Post Utme Ksu 2019 Accounting Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Ksu Accounting examination.

Post Utme Ksu 2019 Accounting Objective / Multiple Choice
Question 7 POST_UTME_KSU • 2019 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. The capital of the firm is ₦ 50,000, with A contributing ₦ 30,000 and B contributing ₦ 20,000. If the firm makes a profit of ₦ 15,000, how much will A receive?

Answer Options

A. ₦ 9,000
Correct Answer B. ₦ 10,500
C. ₦ 12,000
D. ₦ 13,500
Correct Answer
B
Correct Option:
₦ 10,500

About This Question

This is Post Utme Ksu 2019 Accounting Question 7. It is one of the objective questions from the 2019 Post Utme Ksu Accounting examination.

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