Post Utme Nile University 2021 Accounting Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Nile University Accounting examination.

Post Utme Nile University 2021 Accounting Objective / Multiple Choice
Question 12 POST_UTME_NILE_UNIVERSITY • 2021 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, with a capital of ₦100,000 each. After one year, the profit is shared in the ratio 3:2. If the total profit is ₦120,000, how much does A receive?

Answer Options

Correct Answer A. ₦60,000
B. ₦80,000
C. ₦90,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Nile University 2021 Accounting Question 12. It is one of the objective questions from the 2021 Post Utme Nile University Accounting examination.

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