Post Utme Lasu 2022 Accounting Question 2
Practice objective / multiple choice question 2 from the 2022 Post Utme Lasu Accounting examination.
A partnership has three partners: A, B, and C. The capital accounts of the partners are A: ₦100,000, B: ₦80,000, and C: ₦60,000. If the profit is ₦20,000, and the profit-sharing ratio is 2:3:1, what is the amount of profit to be distributed to partner A?
Answer Options
About This Question
This is Post Utme Lasu 2022 Accounting Question 2. It is one of the objective questions from the 2022 Post Utme Lasu Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.