Post Utme Pan Atlantic University 2025 Accounting Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2025 Accounting Objective / Multiple Choice
Question 34 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2025 • ACCOUNTING • objective

A and B are partners in a business sharing profits and losses in the ratio 3:2. Their capital accounts are as follows: A: ₦100,000 B: ₦80,000 What is the value of A's share of the profit of ₦40,000?

Answer Options

A. ₦30,000
Correct Answer B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦40,000

About This Question

This is Post Utme Pan Atlantic University 2025 Accounting Question 34. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Accounting examination.

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