Post Utme Unn 2020 Accounting Question 21

Practice objective / multiple choice question 21 from the 2020 Post Utme Unn Accounting examination.

Post Utme Unn 2020 Accounting Objective / Multiple Choice
Question 21 POST_UTME_UNN • 2020 • ACCOUNTING • objective

A company has two partners, A and B, who share profits in the ratio 3:2. The company's profit for the year is ₦120,000. Calculate the amount of profit to be distributed to partner A.

Answer Options

Correct Answer A. ₦60,000
B. ₦80,000
C. ₦90,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Unn 2020 Accounting Question 21. It is one of the objective questions from the 2020 Post Utme Unn Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support