Post Utme Noun 2023 Accounting Question 29
Practice objective / multiple choice question 29 from the 2023 Post Utme Noun Accounting examination.
A partnership has two partners, A and B. The capital accounts of A and B are 10,000 and 15,000 respectively. The profit-sharing ratio is 3:2. If the profit for the year is 25,000, calculate the amount of profit to be distributed to A and B.
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About This Question
This is Post Utme Noun 2023 Accounting Question 29. It is one of the objective questions from the 2023 Post Utme Noun Accounting examination.
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