Post Utme Ksu 2021 Accounting Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Ksu Accounting examination.

Post Utme Ksu 2021 Accounting Objective / Multiple Choice
Question 15 POST_UTME_KSU • 2021 • ACCOUNTING • objective

A partnership has three partners, A, B, and C. The capital accounts of A, B, and C are ¦8,000, ¦12,000, and ¦10,000 respectively. The profit-sharing ratio is 2:3:1. What is the share of profit of partner B?

Answer Options

A. ¦3,000
Correct Answer B. ¦4,500
C. ¦6,000
D. ¦7,500
Correct Answer
B
Correct Option:
¦4,500

About This Question

This is Post Utme Ksu 2021 Accounting Question 15. It is one of the objective questions from the 2021 Post Utme Ksu Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support