Post Utme Nile University 2023 Accounting Question 37

Practice objective / multiple choice question 37 from the 2023 Post Utme Nile University Accounting examination.

Post Utme Nile University 2023 Accounting Objective / Multiple Choice
Question 37 POST_UTME_NILE_UNIVERSITY • 2023 • 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 net income of 100,000, what is Partner A's share of the net income?

Answer Options

Correct Answer A. ₦60,000
B. ₦40,000
C. ₦80,000
D. ₦120,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Nile University 2023 Accounting Question 37. It is one of the objective questions from the 2023 Post Utme Nile University Accounting examination.

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