Post Utme Lasu 2023 Accounting Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Lasu Accounting examination.

Post Utme Lasu 2023 Accounting Objective / Multiple Choice
Question 2 POST_UTME_LASU • 2023 • ACCOUNTING • objective

A partnership is formed by three partners, A, B, and C, who contribute ₦200,000, ₦300,000, and ₦400,000 respectively. If the profit is divided in the ratio 2:3:4, what is the share of profit of partner A?

Answer Options

Correct Answer A. ₦400,000
B. ₦500,000
C. ₦600,000
D. ₦700,000
Correct Answer
A
Correct Option:
₦400,000

About This Question

This is Post Utme Lasu 2023 Accounting Question 2. It is one of the objective questions from the 2023 Post Utme Lasu Accounting examination.

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