Post Utme Unilag 2024 Accounting Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Unilag Accounting examination.

Post Utme Unilag 2024 Accounting Objective / Multiple Choice
Question 40 POST_UTME_UNILAG • 2024 • ACCOUNTING • objective

A company has two partners, A and B. The capital of A is ₦100,000 and that of B is ₦150,000. The profit sharing ratio is 2:3. The company made a profit of ₦50,000. How much will A receive as his share of the profit?

Answer Options

A. ₦20,000
Correct Answer B. ₦25,000
C. ₦30,000
D. ₦35,000
Correct Answer
B
Correct Option:
₦25,000

About This Question

This is Post Utme Unilag 2024 Accounting Question 40. It is one of the objective questions from the 2024 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