Post Utme Madonna University 2025 Accounting Question 11

Practice objective / multiple choice question 11 from the 2025 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2025 Accounting Objective / Multiple Choice
Question 11 POST_UTME_MADONNA_UNIVERSITY • 2025 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, with a capital of ₦500,000 each. After one year, the profit is ₦200,000. The profit-sharing ratio is 3:2. Calculate the amount of profit that A will receive.

Answer Options

Correct Answer A. ₦180,000
B. ₦120,000
C. ₦160,000
D. ₦140,000
Correct Answer
A
Correct Option:
₦180,000

About This Question

This is Post Utme Madonna University 2025 Accounting Question 11. It is one of the objective questions from the 2025 Post Utme Madonna University Accounting examination.

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