Post Utme Ui 2017 Accounting Question 38

Practice objective / multiple choice question 38 from the 2017 Post Utme Ui Accounting examination.

Post Utme Ui 2017 Accounting Objective / Multiple Choice
Question 38 POST_UTME_UI • 2017 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a 60% interest in the partnership and partner B has a 40% interest. If the partnership has a net income of ₦120,000, and partner A's drawings are ₦20,000, what is partner B's share of the net income?

Answer Options

A. ₦48,000
Correct Answer B. ₦50,000
C. ₦52,000
D. ₦54,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

This is Post Utme Ui 2017 Accounting Question 38. It is one of the objective questions from the 2017 Post Utme Ui Accounting examination.

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