Post Utme Lasu 2019 Accounting Question 32

Practice objective / multiple choice question 32 from the 2019 Post Utme Lasu Accounting examination.

Post Utme Lasu 2019 Accounting Objective / Multiple Choice
Question 32 POST_UTME_LASU • 2019 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital accounts of A and B are 10,000 and 15,000, respectively. If the profit for the year is 5,000, and A's share of the profit is 2,500, what is B's share of the profit?

Answer Options

A. ₦2,500
Correct Answer B. ₦3,000
C. ₦3,500
D. ₦4,000
Correct Answer
B
Correct Option:
₦3,000

About This Question

This is Post Utme Lasu 2019 Accounting Question 32. It is one of the objective questions from the 2019 Post Utme Lasu Accounting examination.

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