Post Utme Oau 2018 Accounting Question 36

Practice objective / multiple choice question 36 from the 2018 Post Utme Oau Accounting examination.

Post Utme Oau 2018 Accounting Objective / Multiple Choice
Question 36 POST_UTME_OAU • 2018 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, with a capital of ₦500,000 each. After one year, the profit is ₦200,000. The profit-sharing ratio is 3:2. Calculate the amount of profit that A will receive.

Answer Options

Correct Answer A. ₦120,000
B. ₦150,000
C. ₦180,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦120,000

About This Question

This is Post Utme Oau 2018 Accounting Question 36. It is one of the objective questions from the 2018 Post Utme Oau Accounting examination.

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