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capital accounts:Ojo40,000Aina20,000Drawings:Ojo10,000Aina6,000Interest on capital5%interest on drawings10%Net profit for the yearN30,00Net profit for the year - Ojo23Aina13


The divisible profit for the year

A.

₦31,600

B.

₦31,400

C.

₦904,000

D.

₦28,600

Correct answer is D

No explanation has been provided for this answer.