JAMB - Accounts Principles Of Accounts (1995 - No. 30)
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
Halidu's share of the profit is
N7,500
N6,000
N5,400
N4,500
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