Post Utme Rsu 2017 Accounting Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Rsu Accounting examination.

Post Utme Rsu 2017 Accounting Objective / Multiple Choice
Question 22 POST_UTME_RSU • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital accounts of A and B are ₦100,000 and ₦150,000 respectively. If the profit for the year is ₦50,000, and A's share of profit is 60%, calculate B's share of profit.

Answer Options

A. ₦20,000
Correct Answer B. ₦25,000
C. ₦30,000
D. ₦35,000
Correct Answer
B
Correct Option:
₦25,000

About This Question

This is Post Utme Rsu 2017 Accounting Question 22. It is one of the objective questions from the 2017 Post Utme Rsu Accounting examination.

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