Post Utme Lead City University 2024 Accounting Question 19

Practice objective / multiple choice question 19 from the 2024 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2024 Accounting Objective / Multiple Choice
Question 19 POST_UTME_LEAD_CITY_UNIVERSITY • 2024 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a 60% interest in the partnership and partner B has a 40% interest. If the partnership has a net income of ₦120,000, how much will partner A receive as their share of the net income?

Answer Options

Correct Answer A. ₦72,000
B. ₦80,000
C. ₦90,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦72,000

About This Question

This is Post Utme Lead City University 2024 Accounting Question 19. It is one of the objective questions from the 2024 Post Utme Lead City University Accounting examination.

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