Post Utme Madonna University 2022 Accounting Question 3

Practice objective / multiple choice question 3 from the 2022 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2022 Accounting Objective / Multiple Choice
Question 3 POST_UTME_MADONNA_UNIVERSITY • 2022 • 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 profit of ₦1,000,000, how much will Partner A receive?

Answer Options

Correct Answer A. ₦600,000
B. ₦700,000
C. ₦800,000
D. ₦900,000
Correct Answer
A
Correct Option:
₦600,000

About This Question

This is Post Utme Madonna University 2022 Accounting Question 3. It is one of the objective questions from the 2022 Post Utme Madonna University Accounting examination.

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