Accounts > 2021 > 7
WASSCE
Use the following information to answer questions below
Attama and Wawa were in partnership sharing profits and losses in the ratio 4:3. Attama was entitled to salary of D 13,000 per annum.
A net profit of D 34,000 was made for the year.
- Attama's share of profit is
A.
D 21,000
B.
D 19,428
C.
D 12,000
D.
D 9,000
Answer: C
To see detailed solution to this question and thousands of other questions offline, download TestDriller SSCE. Practice rigorously for WASSCE, enjoy educational games, get chief examiners' reports, summary of WAEC literature books, compete with your peers, win prizes and more.
09037778195