Post Utme Unilorin 2019 Accounting Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2019 Accounting Objective / Multiple Choice
Question 12 POST_UTME_UNILORIN • 2019 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, who invest ₦100,000 and ₦150,000 respectively. At the end of the first year, the profit is ₦50,000. If A's share of the profit is ₦25,000, what is B's share of the profit?

Answer Options

A. ₦25,000
Correct Answer B. ₦30,000
C. ₦35,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦30,000

About This Question

This is Post Utme Unilorin 2019 Accounting Question 12. It is one of the objective questions from the 2019 Post Utme Unilorin Accounting examination.

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