Post Utme Skyline University 2017 Accounting Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2017 Accounting Objective / Multiple Choice
Question 12 POST_UTME_SKYLINE_UNIVERSITY • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital contributions of A and B are ₦100,000 and ₦80,000 respectively. The profit-sharing ratio is 3:2. Calculate the profit share of partner A.

Answer Options

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

About This Question

This is Post Utme Skyline University 2017 Accounting Question 12. It is one of the objective questions from the 2017 Post Utme Skyline University Accounting examination.

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