Post Utme Unn 2019 Accounting Question 12

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

Post Utme Unn 2019 Accounting Objective / Multiple Choice
Question 12 POST_UTME_UNN • 2019 • ACCOUNTING • objective

A partnership is formed between two individuals, John and Mary, who contribute ₦100,000 and ₦200,000, respectively. During the year, the partnership earns a profit of ₦50,000. Calculate the share of profit for John.

Answer Options

A. ₦20,000
Correct Answer B. ₦25,000
C. ₦30,000
D. ₦35,000
Correct Answer
B
Correct Option:
₦25,000

About This Question

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

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