(a) State six reasons why farm accounts should be kept by a farmer.

(b) Prepare a profit and loss account for Ada Farms, for the year ending December, 1993 using the following information.

(i) cost of maize seeds- N1,500.00

(ii) cost of fertilizer - N1,600.00

(iii) cost of insecticides - N1,000.00

(iv) tractor hiring- N1,000.00

(v) cost of herbicides- N1,200.00

(vi) cost of cassava stems N1300.00

(vii) sales of maize- N30,000.00

(viii) sales of yam tubers - N10,500.00

(ix) sales of cassava stems - N15,000.00

(x) transportation cost - N1,500.00

(xi) cost of processing cassava tubers - N 2,500.00

(xii) sales of cassava stems - N 22,00.00

(xiii) wages of workers N 8,000.00

(xiv) miscellaneous expenses - N 2,000.00

(xv) maize consumed - N 500.00

(xvi) yam consumed - N 800.00

(xvii) opening valuation - N45,000.00

(xviii) closing valuation - N15,000.00

The Customs and Excise Department is responsible for the the collection of?

• A. royalties
• B. tariffs
• C. taxes
• D. charges

Examples of cover crops are

• A. Centrosema pubescens and Mucuna utilis
• B. Moringa oleifera and Imperata cylindrica
• C. Panicum maximum and Pennisetum purpureum
• D. Calopogonium mucunoides and Gliricidia sepium

An alien who has lived in Nigeria for twenty years may acquire citizenship by

• A. nationlization
• B. naturalization
• C. registration
• D. marriage

The best Ibadah according to the Prophet (SAW) after the major pillars is to

• A. pray nawafils
• B. marry a pious woman
• C. make a fellow Muslim happy
• D. devote one's time on dhikr.

Which of the following can undergo both addition reactions and substitution reactions?

• A. Benzene
• B. Pentane
• C. Propene
• D. Hexane

A quantity of water at 0°C is heated to about 30°C. At each degree rise in temperature, its density will

• A. rise steadily
• B. fall steadily
• C. fall then rise
• D. rise then fall

Which of these African countries is noted for lumbering?

• A. chad
• B. uganda
• C. zaire(now Democratic Republic of Congo (DRC)
• D. kenya

After each of the following sentences, a list of possible interpretations of the sentence is given. Choose the interpretation that you consider most appropriate for each sentence.

The loan was taken on a gentleman''s agreement. This mean that

• A. there was no documentation of the loan
• B. two gentlemen witnessed the loan
• C. the loan was granted
• D. the loan was not be repaid

Seven months ago, the people of Okiti town were seen in large numbers staging a peaceful protest against the nonchalant attitude of the provincial government concerning the provision of social amenities in the area. Some of their officials came around and listened to their grievances. Today, things have changed for the better in Okiti town. There is a great improvement in infrastructural development and the people of the area now feel the presence of government in their town.

Which of the following is not portrayed in the write-up above?

• A. The importance of decentralisation
• B. Government responsiveness
• C. Intra-government relations
• D. Freedom of expression