Post Utme Lasu 2021 Accounting Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Lasu Accounting examination.

Post Utme Lasu 2021 Accounting Objective / Multiple Choice
Question 10 POST_UTME_LASU • 2021 • 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. The company has a profit of ₦100,000. What is Partner A's share of the profit?

Answer Options

Correct Answer A. ₦60,000
B. ₦80,000
C. ₦100,000
D. ₦120,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Lasu 2021 Accounting Question 10. It is one of the objective questions from the 2021 Post Utme Lasu Accounting examination.

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