Post Utme Osustech 2018 Accounting Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Osustech Accounting examination.

Post Utme Osustech 2018 Accounting Objective / Multiple Choice
Question 25 POST_UTME_OSUSTECH • 2018 • 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. What is the total profit for the year?

Answer Options

A. ₦40,000
Correct Answer B. ₦60,000
C. ₦80,000
D. ₦100,000
Correct Answer
B
Correct Option:
₦60,000

About This Question

This is Post Utme Osustech 2018 Accounting Question 25. It is one of the objective questions from the 2018 Post Utme Osustech Accounting examination.

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