Post Utme Pan Atlantic University 2021 Accounting Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2021 Accounting Objective / Multiple Choice
Question 27 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2021 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a 60% interest in the partnership and partner B has a 40% interest. The partnership has a net income of ₦100,000. Determine the amount of net income that partner A will receive.

Answer Options

Correct Answer A. ₦60,000
B. ₦70,000
C. ₦80,000
D. ₦90,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Pan Atlantic University 2021 Accounting Question 27. It is one of the objective questions from the 2021 Post Utme Pan Atlantic University Accounting examination.

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