Post Utme Wellspring University 2018 Accounting Question 34
Practice objective / multiple choice question 34 from the 2018 Post Utme Wellspring University Accounting examination.
A company has two partners, A and B, who share profits in the ratio 3:2. The capital of the company is ₦1,500,000, and the profit for the year is ₦450,000. If A's drawings are ₦30,000, calculate the amount of profit to be distributed to A.
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About This Question
This is Post Utme Wellspring University 2018 Accounting Question 34. It is one of the objective questions from the 2018 Post Utme Wellspring University Accounting examination.
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