Post Utme Noun 2019 Accounting Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Noun Accounting examination.

Post Utme Noun 2019 Accounting Objective / Multiple Choice
Question 3 POST_UTME_NOUN • 2019 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a capital of ₦200,000 and a profit-sharing ratio of 3:2. Partner B has a capital of ₦300,000 and a profit-sharing ratio of 2:3. Calculate the amount of profit to be shared by Partner A.

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Noun 2019 Accounting Question 3. It is one of the objective questions from the 2019 Post Utme Noun Accounting examination.

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