Post Utme Skyline University 2019 Accounting Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2019 Accounting Objective / Multiple Choice
Question 36 POST_UTME_SKYLINE_UNIVERSITY • 2019 • ACCOUNTING • objective

A partnership is formed by two partners, A and B, with a capital of ₦100,000 and ₦80,000 respectively. The partnership agreement states that the profits and losses will be shared in the ratio 3:2. Calculate the share of profit of partner A.

Answer Options

Correct Answer A. ₦60,000
B. ₦70,000
C. ₦80,000
D. ₦90,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Skyline University 2019 Accounting Question 36. It is one of the objective questions from the 2019 Post Utme Skyline University Accounting examination.

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