Post Utme Uniport 2021 Accounting Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Uniport Accounting examination.

Post Utme Uniport 2021 Accounting Objective / Multiple Choice
Question 29 POST_UTME_UNIPORT • 2021 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital accounts of A and B are ₦50,000 and ₦30,000 respectively. The profit-sharing ratio is 3:2. Calculate the profit to be shared by A and B.

Answer Options

Correct Answer A. ₦24,000
B. ₦30,000
C. ₦36,000
D. ₦42,000
Correct Answer
A
Correct Option:
₦24,000

About This Question

This is Post Utme Uniport 2021 Accounting Question 29. It is one of the objective questions from the 2021 Post Utme Uniport Accounting examination.

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