Post Utme Rhema University 2017 Accounting Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2017 Accounting Objective / Multiple Choice
Question 2 POST_UTME_RHEMA_UNIVERSITY • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. If the total profit for the year is ₦1,200,000, what is the share of profit of partner A?

Answer Options

Correct Answer A. ₦900,000
B. ₦600,000
C. ₦300,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦900,000

About This Question

This is Post Utme Rhema University 2017 Accounting Question 2. It is one of the objective questions from the 2017 Post Utme Rhema University Accounting examination.

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