Post Utme Lasu 2023 Accounting Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Lasu Accounting examination.

Post Utme Lasu 2023 Accounting Objective / Multiple Choice
Question 34 POST_UTME_LASU • 2023 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B. A invests ₦100,000 and B invests ₦80,000. The profit sharing ratio is 3:2. Calculate the profit sharing ratio.

Answer Options

Correct Answer A. 3:2
B. 2:3
C. 4:3
D. 5:4
Correct Answer
A
Correct Option:
3:2

About This Question

This is Post Utme Lasu 2023 Accounting Question 34. It is one of the objective questions from the 2023 Post Utme Lasu Accounting examination.

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