Post Utme Oau 2017 Accounting Question 32

Practice objective / multiple choice question 32 from the 2017 Post Utme Oau Accounting examination.

Post Utme Oau 2017 Accounting Objective / Multiple Choice
Question 32 POST_UTME_OAU • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. If the profit for the year is ₦120,000, how much will each partner receive?

Answer Options

Correct Answer A. ₦90,000
B. ₦60,000
C. ₦80,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Oau 2017 Accounting Question 32. It is one of the objective questions from the 2017 Post Utme Oau Accounting examination.

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