Post Utme Pan Atlantic University 2018 Accounting Question 29

Practice objective / multiple choice question 29 from the 2018 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2018 Accounting Objective / Multiple Choice
Question 29 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2018 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. The partnership's profit for the year ended 31st December 2022 is ₦1,500,000. What is the amount of profit to be distributed to partner A?

Answer Options

Correct Answer A. ₦1,800,000
B. ₦1,200,000
C. ₦900,000
D. ₦1,500,000
Correct Answer
A
Correct Option:
₦1,800,000

About This Question

This is Post Utme Pan Atlantic University 2018 Accounting Question 29. It is one of the objective questions from the 2018 Post Utme Pan Atlantic University Accounting examination.

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