Post Utme Unn 2017 Accounting Question 16

Practice objective / multiple choice question 16 from the 2017 Post Utme Unn Accounting examination.

Post Utme Unn 2017 Accounting Objective / Multiple Choice
Question 16 POST_UTME_UNN • 2017 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, with a capital of ₦100,000 each. The profit-sharing ratio is 3:2. If the profit for the year is ₦150,000, calculate the amount of profit that will be shared by A.

Answer Options

Correct Answer A. ₦90,000
B. ₦60,000
C. ₦45,000
D. ₦30,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Unn 2017 Accounting Question 16. It is one of the objective questions from the 2017 Post Utme Unn Accounting examination.

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