Post Utme Unilag 2022 Accounting Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Unilag Accounting examination.

Post Utme Unilag 2022 Accounting Objective / Multiple Choice
Question 12 POST_UTME_UNILAG • 2022 • 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 ₦200,000, how much of the net income will partner A receive?

Answer Options

Correct Answer A. ₦120,000
B. ₦140,000
C. ₦160,000
D. ₦180,000
Correct Answer
A
Correct Option:
₦120,000

About This Question

This is Post Utme Unilag 2022 Accounting Question 12. It is one of the objective questions from the 2022 Post Utme Unilag Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support