Post Utme Uniben 2024 Accounting Question 11

Practice objective / multiple choice question 11 from the 2024 Post Utme Uniben Accounting examination.

Post Utme Uniben 2024 Accounting Objective / Multiple Choice
Question 11 POST_UTME_UNIBEN • 2024 • ACCOUNTING • objective

In a partnership account, the capital of two partners, A and B, is N100,000 and N150,000 respectively. If the profit for the year is N50,000, and the profit-sharing ratio is 3:2, what is the amount of profit to be distributed to partner A?

Answer Options

Correct Answer A. N30,000
B. N40,000
C. N50,000
D. N60,000
Correct Answer
A
Correct Option:
N30,000

About This Question

This is Post Utme Uniben 2024 Accounting Question 11. It is one of the objective questions from the 2024 Post Utme Uniben Accounting examination.

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