Post Utme Lead City University 2017 Accounting Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2017 Accounting Objective / Multiple Choice
Question 12 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. If the total profit for the year is ₦120,000, what is the share of profit of partner A?

Answer Options

A. ₦90,000
B. ₦60,000
Correct Answer C. ₦72,000
D. ₦84,000
Correct Answer
C
Correct Option:
₦72,000

About This Question

This is Post Utme Lead City University 2017 Accounting Question 12. It is one of the objective questions from the 2017 Post Utme Lead City University Accounting examination.

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