Post Utme Pan Atlantic University 2023 Accounting Question 31

Practice objective / multiple choice question 31 from the 2023 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2023 Accounting Objective / Multiple Choice
Question 31 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2023 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A invests ₦50,000 and partner B invests ₦30,000. If the profit is divided in the ratio 2:1, what is the share of profit of partner A?

Answer Options

Correct Answer A. ₦80,000
B. ₦60,000
C. ₦40,000
D. ₦20,000
Correct Answer
A
Correct Option:
₦80,000

About This Question

This is Post Utme Pan Atlantic University 2023 Accounting Question 31. It is one of the objective questions from the 2023 Post Utme Pan Atlantic University Accounting examination.

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