Post Utme Uniport 2020 Accounting Question 16

Practice objective / multiple choice question 16 from the 2020 Post Utme Uniport Accounting examination.

Post Utme Uniport 2020 Accounting Objective / Multiple Choice
Question 16 POST_UTME_UNIPORT • 2020 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, with an initial capital of ₦500,000. After one year, the profit is shared in the ratio 3:2. If A's share of the profit is ₦180,000, what is the value of B's share?

Answer Options

A. ₦120,000
Correct Answer B. ₦150,000
C. ₦180,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Uniport 2020 Accounting Question 16. It is one of the objective questions from the 2020 Post Utme Uniport Accounting examination.

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