What is the capital of Brazil

• A. Salvador
• B. Joan Bosco
• C. Baron De Romero
• D. Rio De Janeiro

An income and expenditure account is a summary of

• A. all income and expenditure during a period
• B. revenue income and expenditure during a period
• C. receipts and payments during a period
• D. the trading income a period

Goods stolen at the branch is debited to

• A. branch stock account
• B. defalcations account
• C. branch debtors account
• D. branch adjustment account

An overdraft is granted to holders of?

• A. savings accounts
• B. loan accounts
• C. deposit accounts
• D. current accounts

The speech made at the end of a dramatic performance is generally called

• A. a prologue
• B. an epilogue
• C. a dirge
• D. a monologue

(a) Define Gross National Product (GNP).

(b) Describe the three methods of measuring national income.

Southern Nigeria was divided into Eastern and Western provinces for administrative purposes in _________

• A. 1935
• B. 1937
• C. 1939
• A. 1935 B. 1937 D. 1941

Jesus injunction not to lay up treasures on earth for ourselves implies that the christian should

• A. not bank his money
• B. give his money to charity
• C. not be extravagant
• D. be rich in good works

Fixed assets N85,600

Sales N197,000

Stock N34,300

Salaries N37,000

Purchases N127,700

Share capital N120,000

Creditors N16, 050

Motor expenses N10,500

Debtors N25,000

What is the cash balance?

• A. N12,095
• B. N12,590
• C. N12,905
• D. N12,950

A company's programme of buy one product and get one Fee is an example of_____

• A. Advertising.
• B. Personal selling.
• C. Sales promotion.
• D. Publicity.