Post Utme Nile University 2023 Accounting Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Nile University Accounting examination.

Post Utme Nile University 2023 Accounting Objective / Multiple Choice
Question 15 POST_UTME_NILE_UNIVERSITY • 2023 • ACCOUNTING • objective

A partnership is formed between three partners, A, B, and C, who contribute £ 15,000, £ 12,000, and £ 9,000 respectively. The profit-sharing ratio is 4:3:2. Calculate the amount of profit to be shared by partner A.

Answer Options

Correct Answer A. £ 6,000
B. £ 6,500
C. £ 7,000
D. £ 7,500
Correct Answer
A
Correct Option:
£ 6,000

About This Question

This is Post Utme Nile University 2023 Accounting Question 15. It is one of the objective questions from the 2023 Post Utme Nile University Accounting examination.

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