Post Utme Oau 2018 Accounting Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Oau Accounting examination.

Post Utme Oau 2018 Accounting Objective / Multiple Choice
Question 35 POST_UTME_OAU • 2018 • ACCOUNTING • objective

A company has two partners, A and B. A invested ₦200,000 and B invested ₦300,000. The profit-sharing ratio is 2:3. Calculate the share of profit for partner A.

Answer Options

Correct Answer A. ₦400,000
B. ₦500,000
C. ₦600,000
D. ₦700,000
Correct Answer
A
Correct Option:
₦400,000

About This Question

This is Post Utme Oau 2018 Accounting Question 35. It is one of the objective questions from the 2018 Post Utme Oau Accounting examination.

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