Post Utme Oau 2017 Accounting Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Oau Accounting examination.

Post Utme Oau 2017 Accounting Objective / Multiple Choice
Question 7 POST_UTME_OAU • 2017 • ACCOUNTING • objective

A partnership has three partners: A, B, and C. The capital accounts of the partners are as follows: A = ₦100,000, B = ₦80,000, and C = ₦120,000. The profit-sharing ratio is 3:2:1. Calculate the profit-sharing ratio in terms of the capital accounts.

Answer Options

Correct Answer A. 3:2:1
B. 2:3:1
C. 1:2:3
D. 3:1:2
Correct Answer
A
Correct Option:
3:2:1

About This Question

This is Post Utme Oau 2017 Accounting Question 7. It is one of the objective questions from the 2017 Post Utme Oau Accounting examination.

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