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Question 0

Halidu and Hamed are business partners with N30,000 and N20,000 capital respectively. At the end of the financial year, a profit of N12,000, which included Halidu's salary of N3,000 was made.
Halidu's share of the profit is

  • A.N7,500
  • B.N6,000
  • C.N5,400
  • D.N4,500
  • E.
Objective

Question details

Exam body
JAMB
Subject
Accounts - Principles of Accounts
Year
1995
Question no.
#0
Type
Objective
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