Post Utme Pan Atlantic University 2019 Accounting Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2019 Accounting Objective / Multiple Choice
Question 29 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2019 • ACCOUNTING • objective

A partnership has two partners: John and Mary. The partnership agreement states that John will receive 60% of the profits and Mary will receive 40%. If the total profit is ₦100,000, John's share is

Answer Options

Correct Answer A. ₦60,000
B. ₦40,000
C. ₦50,000
D. ₦70,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Pan Atlantic University 2019 Accounting Question 29. It is one of the objective questions from the 2019 Post Utme Pan Atlantic University Accounting examination.

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