Post Utme Uniosun 2019 Accounting Question 1
Practice objective / multiple choice question 1 from the 2019 Post Utme Uniosun Accounting examination.
A partnership is formed between two individuals, A and B, with a capital contribution of ₦500,000 and ₦300,000 respectively. The partnership agreement states that the profits and losses will be shared in the ratio 3:2. If the partnership made a profit of ₦150,000, what is the amount of profit that will be shared by A?
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About This Question
This is Post Utme Uniosun 2019 Accounting Question 1. It is one of the objective questions from the 2019 Post Utme Uniosun Accounting examination.
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