Post Utme Redeemers University 2019 Accounting Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2019 Accounting Objective / Multiple Choice
Question 5 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • ACCOUNTING • objective

A partnership has two partners: John and Jane. John has a 60% interest in the partnership and Jane has a 40% interest. If the partnership has a net income of ₦100,000, what is John's share of the net income?

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 Redeemers University 2019 Accounting Question 5. It is one of the objective questions from the 2019 Post Utme Redeemers University Accounting examination.

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