Post Utme Unilag 2023 Accounting Question 13
Practice objective / multiple choice question 13 from the 2023 Post Utme Unilag Accounting examination.
A partnership firm has two partners, A and B. The capital accounts of the partners are as follows: A's capital ₦ 50,000 B's capital ₦ 30,000 The firm's profit for the year is ₦ 20,000. The profit is to be divided in the ratio of 3:2. Calculate the share of profit of each partner.
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About This Question
This is Post Utme Unilag 2023 Accounting Question 13. It is one of the objective questions from the 2023 Post Utme Unilag Accounting examination.
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