Post Utme Rhema University 2021 Accounting Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2021 Accounting Objective / Multiple Choice
Question 12 POST_UTME_RHEMA_UNIVERSITY • 2021 • 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 ₦240,000, calculate the share of profit of partner A.

Answer Options

Correct Answer A. ₦180,000
B. ₦120,000
C. ₦150,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦180,000

About This Question

This is Post Utme Rhema University 2021 Accounting Question 12. It is one of the objective questions from the 2021 Post Utme Rhema University Accounting examination.

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