Post Utme Osustech 2017 Accounting Question 32

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

Post Utme Osustech 2017 Accounting Objective / Multiple Choice
Question 32 POST_UTME_OSUSTECH • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital accounts of A and B are 50,000 and 30,000 respectively. The profit sharing ratio is 3:2. Calculate the profit to be shared by A and B.

Answer Options

A. ₦45,000
Correct Answer B. ₦50,000
C. ₦55,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

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

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