Post Utme Skyline University 2017 Accounting Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2017 Accounting Objective / Multiple Choice
Question 27 POST_UTME_SKYLINE_UNIVERSITY • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a capital of ₦50,000 and partner B has a capital of ₦30,000. If the profit is shared in the ratio 3:2, what is the amount of profit that partner A will receive?

Answer Options

Correct Answer A. ₦18,000
B. ₦20,000
C. ₦22,000
D. ₦24,000
Correct Answer
A
Correct Option:
₦18,000

About This Question

This is Post Utme Skyline University 2017 Accounting Question 27. It is one of the objective questions from the 2017 Post Utme Skyline University Accounting examination.

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