Post Utme Lead City University 2024 Accounting Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2024 Accounting Objective / Multiple Choice
Question 13 POST_UTME_LEAD_CITY_UNIVERSITY • 2024 • 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, how much will A receive?

Answer Options

A. ₦90,000
Correct Answer B. ₦90,750
C. ₦91,000
D. ₦91,500
Correct Answer
B
Correct Option:
₦90,750

About This Question

This is Post Utme Lead City University 2024 Accounting Question 13. It is one of the objective questions from the 2024 Post Utme Lead City University Accounting examination.

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