Which of the following is entered in the general journal? A. purchase of goods B. sale of goods on credit C. returns inward D. acquisition of fixed assets Correct Answer: Option D D. acquisition of fixed...Read More
Which of the following methods of agricultural extension aims at reaching a large number of farmers at the same time?
Which of the following methods of agricultural extension aims at reaching a large number of farmers at the same time? A. mass methods B. group method C. individual method D. contact method Correct Answer: Option A A. mass...Read More
The main processes involved in the marketing of cotton include the following except? A. weeding B. processing C. grading D. packaging Correct Answer: Option A A. weedingRead More
Calculate the salvage value of a tractor with a depreciation value of N10,580.00 and the initial cost of N50,000.00 after a year of use.
Calculate the salvage value of a tractor with a depreciation value of N10,580.00 and the initial cost of N50,000.00 after a year of use. A. N10,580.00 B. N30,290.00 C. N39,420.00 D. N60,580.00 Correct Answer: Option C C....Read More
Records of money transactions in a farming business are termed? A. farm inputs B. farm accounts C. capital D. farm liabilities Correct Answer: Option B B. farm accountsRead More
Which of the following constitutes subsidy in the agricultural enterprise? A. supply of fertilizer to farmers at a reduced price B. borrowing of money from a thrift society C. provision of money to farmers through commercial...Read More
An increase in the supply of agricultural produce can be caused by the following except? A. reduced cost of production B. favourable weather conditions C. reduced taxation D. consumers buying less products Correct Answer: Option...Read More
The practice of mating closely-related animals is called? A. pen mating B. cross breeding C. out breeding D. in breeding Correct Answer: Option D D. in breedingRead More
Which of the following fishing gears can be used for total harvesting of ponds? A. hook and line B. harpoon C. basket trap D. dragnet Correct Answer: Option D D. dragnetRead More
Methods of preserving fish include the following except? A. boiling B. drying C. smoking D. salting Correct Answer: Option A A. boilingRead More
Heavy infestation of liver fluke causes poor absorption of fats in livestock by? A. blocking bile ducts thus preventing the flow of bile B. destroying fat-digesting enzymes C. reducing ingestion of fats D. inhibiting the action...Read More
- Goodwill is taken into account in partnership when?
- When partners maintain fixed capital accounts, the correct entries for a partner’s share of profit is?
- When a discount is allowed, the accounting entry is debit Discount allowed and credit?
- Which of the following is not correct? It is the _______?
- Which of the following is not a debit item in the partnership profit and loss appropriation account?