Post Utme Lasu 2021 Accounting Question 17
Practice objective / multiple choice question 17 from the 2021 Post Utme Lasu Accounting examination.
A partnership has two partners, A and B. The capital accounts of A and B are ₦ 20,000 and ₦ 30,000 respectively. If the profit for the year is ₦ 15,000, and the drawings of A and B are ₦ 5,000 and ₦ 3,000 respectively, what is the amount of A's share of profit?
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About This Question
This is Post Utme Lasu 2021 Accounting Question 17. It is one of the objective questions from the 2021 Post Utme Lasu Accounting examination.
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