Past Questions And Answers
The principle of double entry developed from the axioms of accounting equation is given as
- A. Assets + Liability = Equity
- B. Assets + Equity = Liabilities
- C. Liabilities + Equity = Asset
- D. Liabilities + Equity = Net assets
Which of the following agents is not involved in agricultural marketing?
- A. commodity boards
- B. money lenders
- C. retailers
- D. middlemen
Jeremiah was not ready to accept God's call as a prophet because______
- A. The people would not listen to him
- B. He was too young and inexperienced
- C. He needed to know God more
- D. It was a difficult task
Resurgent springs usually occur in
- A. rift valleys
- B. u-shaped valleys
- C. limestone areas
- D. glaciated areas
Use the information below to answer question .
A company's authorized share capital was one million ordinary shares at N1 each. Issued 80% of its shares at N1.10 per share. 70k was payable on application, 25k on allotment, 10k due on first call and the balance on second call.
What would be the total amount received on second call?
- A. N240 000
- B. N280 000
- C. N40 000
- D. N56 000
A tall plants crossed with a dwarf one produces offspring of which half are tall and half are dwarf. What are the genotypes of the parents?
- A. TT, TT
- B. Tt, tt
- C. TT, tt
- D. Tt, Tt
The pre-Islamic period is known as
- A. Jahillyyah
- B. Sunnat
- C. Mujahidud
- D. Al Bait
I. A retailer when fixing his selling price adds one-quarter to the cost of the article II. The expenses of the retailer is 10% of his sales III. The total sales is N23,000 IV. he turned over his stock five times in the year. Compute the average amount of stock in hand at cost price
- A. N3,860
- B. N3,806
- C. N3,680
- D. N3,086
The main source of tropical hardwood for timber is the?
- A. montane forest
- B. mangroove forest
- C. rainforest
- D. coniferous forest
The people described as sharrul bariyyah in Suratul Bayyinah are the
- A. Jews and Christian
- B. ahlul kitab and mushrikun Quran chapter 98 vs 6.
- C. Makkan unbelievers and polytheists
- D. kuffar and the munafiqun.