Post Utme Ksu 2023 Accounting Question 29

Practice objective / multiple choice question 29 from the 2023 Post Utme Ksu Accounting examination.

Post Utme Ksu 2023 Accounting Objective / Multiple Choice
Question 29 POST_UTME_KSU • 2023 • ACCOUNTING • objective

A company has two partners: A and B. Partner A has a 60% interest in the company, and Partner B has a 40% interest. If the company's profit is ₦1,000,000, what is Partner A's share of the profit?

Answer Options

Correct Answer A. ₦600,000
B. ₦700,000
C. ₦800,000
D. ₦900,000
Correct Answer
A
Correct Option:
₦600,000

About This Question

This is Post Utme Ksu 2023 Accounting Question 29. It is one of the objective questions from the 2023 Post Utme Ksu Accounting examination.

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