Post Utme Madonna University 2024 Accounting Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2024 Accounting Objective / Multiple Choice
Question 14 POST_UTME_MADONNA_UNIVERSITY • 2024 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A invests ₦100,000 and Partner B invests ₦50,000. If the partnership earns a profit of ₦20,000, what is Partner A's share of the profit?

Answer Options

A. ₦10,000
Correct Answer B. ₦12,500
C. ₦15,000
D. ₦17,500
Correct Answer
B
Correct Option:
₦12,500

About This Question

This is Post Utme Madonna University 2024 Accounting Question 14. It is one of the objective questions from the 2024 Post Utme Madonna University Accounting examination.

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