Post Utme Osustech 2023 Accounting Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Osustech Accounting examination.

Post Utme Osustech 2023 Accounting Objective / Multiple Choice
Question 2 POST_UTME_OSUSTECH • 2023 • ACCOUNTING • objective

A company's partnership agreement states that the profits and losses are to be shared in the ratio 3:2 between partners A and B. If the total profit for the year is ₦120,000, how much will partner A receive?

Answer Options

Correct Answer A. ₦90,000
B. ₦60,000
C. ₦80,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Osustech 2023 Accounting Question 2. It is one of the objective questions from the 2023 Post Utme Osustech Accounting examination.

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