Post Utme Lasu 2019 Accounting Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Lasu Accounting examination.

Post Utme Lasu 2019 Accounting Objective / Multiple Choice
Question 3 POST_UTME_LASU • 2019 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, who contribute ₦100,000 and ₦150,000 respectively. The partnership agreement states that the profits and losses will be shared in the ratio 2:3. If the partnership makes a profit of ₦50,000, how much will A receive?

Answer Options

A. ₦20,000
Correct Answer B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
B
Correct Option:
₦30,000

About This Question

This is Post Utme Lasu 2019 Accounting Question 3. It is one of the objective questions from the 2019 Post Utme Lasu Accounting examination.

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