Post Utme Rsu 2017 Accounting Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Rsu Accounting examination.

Post Utme Rsu 2017 Accounting Objective / Multiple Choice
Question 25 POST_UTME_RSU • 2017 • ACCOUNTING • objective

A company's balance sheet showed a capital of ₦500,000 and a profit of ₦200,000. If the company's accountant decided to distribute the profit in the ratio 3:2, calculate the amount to be distributed to the owner.

Answer Options

A. ₦300,000
Correct Answer B. ₦320,000
C. ₦340,000
D. ₦360,000
Correct Answer
B
Correct Option:
₦320,000

About This Question

This is Post Utme Rsu 2017 Accounting Question 25. It is one of the objective questions from the 2017 Post Utme Rsu Accounting examination.

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