Post Utme Rhema University 2024 Accounting Question 26

Practice objective / multiple choice question 26 from the 2024 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2024 Accounting Objective / Multiple Choice
Question 26 POST_UTME_RHEMA_UNIVERSITY • 2024 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits in the ratio 2:3. The partnership's profit for the year is ₦900,000. Calculate the amount of profit that will be distributed to partner B.

Answer Options

A. ₦360,000
Correct Answer B. ₦540,000
C. ₦720,000
D. ₦900,000
Correct Answer
B
Correct Option:
₦540,000

About This Question

This is Post Utme Rhema University 2024 Accounting Question 26. It is one of the objective questions from the 2024 Post Utme Rhema University Accounting examination.

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