Post Utme Mountain Top University 2021 Accounting Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2021 Accounting Objective / Multiple Choice
Question 14 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • 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 10,000, calculate the share of profit for Partner A.

Answer Options

Correct Answer A. ₦6,000
B. ₦8,000
C. ₦10,000
D. ₦12,000
Correct Answer
A
Correct Option:
₦6,000

About This Question

This is Post Utme Mountain Top University 2021 Accounting Question 14. It is one of the objective questions from the 2021 Post Utme Mountain Top University Accounting examination.

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