Post Utme Pan Atlantic University 2021 Accounting Question 38
Practice objective / multiple choice question 38 from the 2021 Post Utme Pan Atlantic University Accounting examination.
A company has two partners, A and B, who share profits in the ratio 3:2. Their capital contributions are ₦120,000 and ₦80,000 respectively. If the company's profit for the year is ₦420,000, what is the amount of profit that will be distributed to partner A?
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About This Question
This is Post Utme Pan Atlantic University 2021 Accounting Question 38. It is one of the objective questions from the 2021 Post Utme Pan Atlantic University Accounting examination.
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