Post Utme Ui 2019 Accounting Question 31

Practice objective / multiple choice question 31 from the 2019 Post Utme Ui Accounting examination.

Post Utme Ui 2019 Accounting Objective / Multiple Choice
Question 31 POST_UTME_UI • 2019 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, with a capital of ₦500,000 each. The profit-sharing ratio is 3:2. If the profit for the year is ₦750,000, calculate the amount of profit that should be distributed to A.

Answer Options

Correct Answer A. ₦450,000
B. ₦525,000
C. ₦600,000
D. ₦675,000
Correct Answer
A
Correct Option:
₦450,000

About This Question

This is Post Utme Ui 2019 Accounting Question 31. It is one of the objective questions from the 2019 Post Utme Ui Accounting examination.

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