Post Utme Noun 2017 Accounting Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Noun Accounting examination.

Post Utme Noun 2017 Accounting Objective / Multiple Choice
Question 15 POST_UTME_NOUN • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital accounts of A and B are ₦100,000 and ₦80,000 respectively. The profit-sharing ratio is 3:2. What is the share of profit of partner A?

Answer Options

Correct Answer A. ₦120,000
B. ₦100,000
C. ₦80,000
D. ₦60,000
Correct Answer
A
Correct Option:
₦120,000

About This Question

This is Post Utme Noun 2017 Accounting Question 15. It is one of the objective questions from the 2017 Post Utme Noun Accounting examination.

View More Post Utme Noun 2017 Accounting Questions More Post Utme Noun Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support