Post Utme Lautech 2020 Accounting Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Lautech Accounting examination.

Post Utme Lautech 2020 Accounting Objective / Multiple Choice
Question 7 POST_UTME_LAUTECH • 2020 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. If the profit for the year is ₦120,000, how much will A receive?

Answer Options

Correct Answer A. ₦90,000
B. ₦80,000
C. ₦120,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Lautech 2020 Accounting Question 7. It is one of the objective questions from the 2020 Post Utme Lautech Accounting examination.

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