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=Income and Expenditure Account=
(PICK ANY FIVE)
(i) It is prepared on an accrual basis.
(ii) It records only income and expenses for the current period.
(iii) It includes only revenue items.
(iv) It does not show cash balances.
(v) It reveals a surplus or deficit for the period.
(vi) It resembles a profit and loss account.
(vii) It includes adjustments for outstanding and prepaid items.
(viii) It is structured into income and expenditure sides.
(ix) It strictly records transactions belonging to the current accounting period only.
(4b)
(PICK ANY FIVE)
(i) Owners.
(ii) Investors.
(iii) Creditors.
(iv) Government.
(v) Management.
(vi) Employees.
(vii) Tax authorities.
(viii) Customers.
(ix) Financial analysts.
*🔥🇳🇬2025/26 NECO FINANCIAL ACCOUNTING QUESTIONS, THEORY AND OBJECTIVES ANSWERS🇳🇬🔥*
*F/ACCOUNTING OBJ:*
1-10: DCBCCEEDAB
11-20: CBDCBACCAD
21-30: CCBAECABCA
31-40: DBCCBBEECB
41-50: DAABBADEDA
51-60: DBAEEAEBBA
*Completed*
*NUMBER ONE*
(1a)
Financial Accounting is the process of recording, summarizing, analyzing, and reporting the financial transactions of a business to provide an accurate picture of its financial performance and position.
(1b)
(PICK ANY FIVE)
(i) It is prepared on an accrual basis.
(ii) It records only revenue items, not capital items.
(iii) It is similar in format to a profit and loss account.
(iv) It shows surplus or deficit instead of net profit or loss.
(v) It relates only to a specific accounting period.
(vi) Non-cash items like depreciation are recorded.
(vii) It excludes capital receipts and payments.
(viii) Balances are not carried forward to the next year.
(ix) It helps determine the true financial performance of a non-profit organization.
(1c)
(PICK ANY FIVE)
(i) Error of omission.
(ii) Error of commission.
(iii) Error of principle.
(iv) Compensating error.
(v) Error of original entry.
(vi) Error of complete reversal of entries.
(vii) Error of duplication.
*NUMBER THREE*
(3ai)
Bad debts are amounts owed to a business by its customers that can no longer be collected because the customers have become insolvent, bankrupt, or are otherwise unable or unwilling to pay. Such debts are written off in the books as a loss because they reduce the income of the business. Bad debts are recorded as an expense in the income statement.
(3aii)
Reserves refer to portions of a business’s profits set aside for specific purposes or future uncertainties. These funds are kept aside to strengthen the financial position of the business and may be used for purposes such as expansion, replacement of assets, paying off debts, or absorbing future losses. Examples include general reserve, capital reserve, and revenue reserve.
(3aiii)
Consignment is an arrangement in which goods are sent by one person, known as the consignor, to another person, known as the consignee, who sells the goods on behalf of the consignor. Ownership of the goods remains with the consignor until the goods are sold. The consignee earns a commission for selling the goods but does not own them.
(3aiv)
An intangible asset is a non-physical asset that cannot be touched or seen but has value to the business. These assets provide future economic benefits and can include items like patents, copyrights, trademarks, goodwill, and software licenses. They are shown on the balance sheet under non-current assets and are usually amortized over their useful life.
(3av)
Fictitious assets are not real assets but rather expenses or losses that are carried forward and written off over future periods. They do not have any realizable value and do not represent actual resources. Examples include preliminary expenses, underwriting commission, and discount on issue of shares or debentures. They appear on the asset side of the balance sheet until fully written off.
(3b)
(PICK ANY FIVE)
(i) Sales journal.
(ii) Purchases journal.
(iii) Sales returns journal.
(iv) Purchases returns journal.
(v) Cash book.
(vi) Bills receivable book.
(vii) Bills payable book.
(viii) Journal proper.
(ix) Petty cash book.
*NUMBER FOUR*
(4a)
in a Tabular form
=Receipts and Payments Account=
(PICK ANY FIVE)
(i) It is prepared on a cash basis.
(ii) It records all cash receipts and payments irrespective of the period they relate to.
(iii) It includes both capital and revenue items.
(iv) It shows opening and closing cash balances.
(v) It does not show surplus or deficit.
(vi) It is like a summary of the cash book.
(vii) It is concerned only with actual cash transactions.
(viii) It has only one column each for receipts and payments.
(ix) It may record cash transactions relating to previous or future periods.
*NECO FINANCIAL ACCOUNTING THEORY ANSWERS*
(1a)
(i) Increase in cost of goods sold: If purchase prices rise without an increase in selling price.
(ii) Reduction in selling price: Selling below usual price reduces profit margin.
(iii) Theft or loss of stock: Missing stock affects gross profit negatively.
(1b)
(i) Cost of the asset.
(ii) Estimated useful life of the asset.
(iii) Residual/scrap value.
(iv) Depreciation method (e.g. straight-line, reducing balance).
(v) Usage or expected wear and tear.
(1c)
(i) Wear and tear due to usage.
(ii) Passage of time/obsolescence.
(iii) Natural causes (e.g. rust, decay).
==================================
(2i)
Proforma invoice: A preliminary bill sent to a buyer before goods are delivered, stating the type, quantity and price.
(2ii)
Goodwill: An intangible asset representing the value of a business’s reputation, customer base and other non-physical advantages.
(2iii)
Consignee: A person or firm to whom goods are sent for sale on behalf of the consignor.
(2iv)
Preference share: A class of shares that entitles the holder to fixed dividends before ordinary shareholders receive theirs.
(2v)
Three column cash book: A cash book with three columns: cash, bank and discount-used to record all cash and bank transactions including discounts.
==================================
(3a)
(i) Error of omission: A transaction not recorded at all.
(ii) Error of commission: Correct amount in wrong account of same class.
(iii) Error of principle: Entry made in the wrong class of account.
(iv) Error of original entry: Incorrect amount recorded in both debit and credit.
(v) Error of complete reversal: Entry made on the wrong side of both accounts.
(3b)
(i) Raw materials cost.
(ii) Direct labor/wages.
(iii) Factory rent.
(iv) Depreciation of machinery.
(v) Utilities (e.g. power/fuel for production).
==================================
(4a)
-Partnership: Appropriation account shares net profit among partners based on agreed ratios.
-Company: Appropriation account shows distribution of profits to shareholders (dividends) and reserves.
(4b)
(i) Enables smooth daily operations.
(ii) Enhances ability to meet. short-term obligations.
(iii) Prevents interruption in production.
(iv) Promotes business growth
(v) Builds business credibility.
(4c)
(i) Correction of errors.
(ii) Opening entries.
(iii) Recording transactions not suitable for other books (e.g. dishonored cheques).
==================================
Completed!
(16a)
Diffusion is the movement of particles from a region of higher concentration to a region of lower concentration.
(16b)
Drop a ball bearing into liquids A and B using the same cylinder and stopwatch. The liquid in which the ball falls slower is more viscous.
(16c)
(CHOOSE ANY ONE)
(i) Both x-rays and gamma rays are electromagnetic waves
(ii) Both travel at the speed of light in a vacuum
(iii) Both are used in medical and industrial imaging
(16d)
Given:
f = 2.14 × 10¹⁵ Hz,
h = 6.6 × 10⁻³⁴ Js,
K.E. = 1.09 × 10⁻¹⁸ J
(i) Energy of the photon:
E = hf = 6.6 × 10⁻³⁴ × 2.14 × 10¹⁵ = 1.41 × 10⁻¹⁸ J
(ii) Work function = E - K.E
= 1.41 × 10⁻¹⁸ − 1.09 × 10⁻¹⁸ = 0.32 × 10⁻¹⁸ = 3.2 × 10⁻¹⁹ J
==================================
(17ai)
(CHOOSE ANY ONE)
(i)Lead dioxide (PbO₂) - positive plate
(ii) Sponge lead (Pb) - negative plate
(17aii)
(CHOOSE ANY ONE)
(i) Lead dioxide (PbO₂) acts as the positive electrode where reduction occurs during discharge.
(ii) Sponge lead (Pb) serves as the negative electrode where oxidation occurs during discharge.
(17b)
A solar collector absorbs sunlight and converts it to heat energy, usually for heating water or air WHILE solar panel (photovoltaic panel) converts sunlight directly into electrical energy using solar cells.
(17c)
Repair is the action taken to fix a machine after it has broken down or failed WHILE Maintenance is the routine action taken to prevent breakdown, like cleaning, oiling, and checking for wear.
(17d)
(i) First image distance from the objective lens
Given:
f = 2cm (objective), u = 3cm
Using lens formula: 1/f = 1/v - 1/u
1/2 = 1/v - 1/3
(3 - 2)/6 = 1/v
1/6 = 1/v → v = 6cm
(ii) Distance between the lenses
Image distance from objective = 6cm
Distance from image to eyepiece = 7.5cm
Total = 6 + 7.5 = 13.5cm
(i) First image distance = 6cm
(ii) Distance between lenses = 13.5cm
==================================
Completed! 💯
(11a)
(i) The frequency of incident radiation (higher frequency = higher energy).
(ii) The number of electrons striking the target per unit time (more electrons = greater intensity).
(11b)
Given:
λ = 6 × 10⁻⁷ m
h = 6.6 × 10⁻³⁴ Js
c = 3.0 × 10⁸ m/s
Using the Formula,
E = hc / λ
= (6.6 × 10⁻³⁴ × 3.0 × 10⁸) / (6 × 10⁻⁷)
= 1.98 × 10⁻²⁵ / 6 × 10⁻⁷
= 3.3 × 10⁻¹⁹J
Energy of the photon ≈ 3.3 × 10⁻¹⁹ joules
==================================
(12ai)
(PICK ANY TWO)
(i) A spinning bicycle wheel.
(ii) The blades of a ceiling fan.
(iii) The Earth rotating on its axis.
(iv) A rotating grinding stone.
(12aii)
(PICK ANY TWO)
(i) A cone resting on its base
(ii) A pendulum hanging vertically downward
(iii) A book lying flat on a table
(iv) A bottle standing upright on a flat surface
(12b)
Check the diagram below
(12c)
Given three coplanar forces with components:
| S/N | Force (N) | Horizontal (N) | Vertical (N) |
|-----|-----------|----------------|--------------|
| 1 | 10 | -7.660 | -6.432 |
| 2 | 12 | 6.000 | 10.392 |
| 3 | 15 | 6.339 | -13.595 |
(12ci)
Total horizontal component
= -7.660 + 6.000 + 6.339 = 4.679 N
(12cii)
Total vertical component
= -6.432 + 10.392 - 13.595 = -9.635 N
(12ciii)
Magnitude of the resultant
R = √(4.679² + (-9.635)²)
= √(21.9 + 92.83) = √114.73 ≈ 10.71N
==================================
(13ai)
(PICK ANY TWO)
(i) It has a narrow capillary tube.
(ii) It is graduated from about 35°C to 42°C.
(13aii)
To prevent mercury from flowing back, the temperature can be read after removal.
(13b)
(PICK ANY TWO)
(i) Air pollution from burning fossil fuels.
(ii) Global warming due to CO₂ emissions.
(iii) Acid rain caused by industrial gases.
(iv) Oil spills damaging aquatic life.
(13ci)
(PICK ANY ONE)
(i) Ice is solid While steam is gas
(ii) Ice forms at 0°C While steam forms at 100°C
(13cii)
(PICK ANY ONE)
(i) Both are forms of water.
(ii) Both can change state with temperature.
(13d)
Given:
Mass = 100 g = 0.1 kg
Latent heat of steam = 2.26 × 10⁶J/kg
Specific heat capacity = 4.2 × 10³J/kg·K
Final temperature = 25°C
Initial = 100°C
Condensation of steam
Q₁ = m × L = 0.1 × 2.26 × 10⁶ = 2.26 × 10⁵J
Cooling water from 100°C to 25°C
Q₂ = m × c × ΔT = 0.1 × 4.2 × 10³ × 75 = 31,500J
Total heat lost = Q₁ + Q₂ = 2.26 × 10⁵ + 3.15 × 10⁴ = 2.575 × 10⁵J
==================================
(14a)
Diffraction is the bending or spreading of waves around obstacles or through small openings.
(14b)
(i) Concave mirror.
(ii) Convex mirror.
APPLICATION
(i) Concave mirror is used in torch lights and headlights for focusing light.
(ii) Convex mirror is used as rear-view mirrors in vehicles to provide a wider field of view.
(14c)
See Image
(14d)
Given:
Distance of A from cliff = 16 m
Echo time = 0.1 s
Distance to and from cliff = 2 × 16 = 32 m
(i) Velocity of sound = Distance / Time = 32 / 0.1 = 320 m/s
(ii) Boy B is 5 m farther = 16 + 5 = 21 m
Total distance = 2 × 21 = 42 m
Time = 42 / 320 ≈ 0.13125 s ≈ 0.13s
==================================
(15ai)
(CHOOSE ANY THREE)
(i) Magnetic declination
(ii) Magnetic inclination
(iii) Horizontal component of Earth's magnetic field
(iv) Vertical component of Earth's magnetic field
(v) Magnetic field intensity
(15aii)
(CHOOSE ANY TWO)
(i) Iron is easily magnetized
(ii) Iron loses magnetism quickly when removed from the magnetic field
(iii) Iron is cheap and readily available
(iv) Iron enhances the strength of electromagnets
(15b)
(i) Total voltage across capacitors: V = V₁ + V₂
(ii) Same charge Q on each capacitor: Q = CV
(iii) Use Q = CV to derive 1/C = 1/C₁ + 1/C₂
(iv) Effective capacitance C = (C₁ × C₂) / (C₁ + C₂)
(15c)
Given:
R = 500 Ω, L = 6 H, f = 60 Hz
(i) Reactance of the inductor:
X_L = 2πfL = 2 × 3.14 × 60 × 6 = 2260.8 Ω
(ii) Impedance:
Z = √(R² + X_L²)
= √(500² + 2260.8²)
= √(250000 + 5109574.6)
= √5359574.6 ≈ 2315Ω
==================================
2025 NECO PHYSICS ANSWERS
==================================
OBJ:
Loading
==================================
THEORY ANSWERS!
(1a)
(i) Drum shell (body)
(ii) Drumhead (membrane)
(1b)
Camera is an optical device that captures and records images on film While A Projector is an optical device that projects enlarged images or videos onto a screen.
(1c)
Given:
Capacity = 263,000 m³
1 barrel = 159,000 m³
Volume in barrels = Capacity / 1 barrel
= 263,000 / 159,000 ≈ 1.65 barrels
==================================
(2a)
Similarity between vectors and scalars:
Both represent physical quantities.
(2b)
A block of mass m slides down an inclined plane at 30° to the horizontal.
Force acting on it along the plane (F) = component of weight along the plane = mg sin θ
Given g = 10 m/s², θ = 30°
So, F = mg sin 30°
==================================
(3a)
(CHOOSE ANY TWO)
(i) Football (kicked in soccer)
(ii) Basketball (thrown towards the hoop)
(iii) Javelin (thrown in athletics)
(iv) Shot put (thrown in athletics)
(v) Discus (thrown in athletics)
(vi) Tennis ball (hit over the net)
(3b)
Given:
Distance (R) = 30 m
Speed (u) = 20 m/s
g = 10 m/s²
To find angle θ for projectile:
Formula for range:
R = (u² sin 2θ) / g
30 = (20² sin 2θ) / 10
30 = (400 sin 2θ) / 10
30 = 40 sin 2θ
sin 2θ = 30 / 40 = 0.75
2θ = sin⁻¹ 0.75 ≈ 48.59°
θ = 48.59° / 2 ≈ 24.3°
==================================
(4a)
Thermocouple is a device made of two different metals joined at two junctions that produces a voltage when there is a temperature difference between the junctions.
(4b)
Given:
Resistance at 0°C (R₀) = 10 Ω
Resistance at 100°C (R₁₀₀) = 15 Ω
Resistance at unknown temperature (R) = 11.5 Ω
Using the linear relation,
R = R₀ + α R₀ T
Where α = temperature coefficient, T = temperature to find.
First find α:
15 = 10 + 10α(100)
15 - 10 = 1000α
5 = 1000α
α = 5 / 1000 = 0.005 per °C
Now let's find T,
11.5 = 10 + 10(0.005) T
11.5 - 10 = 0.05 T
1.5 = 0.05 T
T = 1.5 / 0.05 = 30°C
==================================
(5a)
It means the effort moves 4 times the distance moved by the load, implying a mechanical advantage of 4.
(5b)
• 50 kg: Mass, the amount of matter in the bag, scalar quantity.
• 500 N: Weight, the force due to gravity acting on the mass (Weight = mass × gravity).
==================================
(6a)
Given:
Period (T) = 0.3 s
Time (t) = 0.6 s
Number of cycles = t / T = 0.6 / 0.3 = 2 cycles.
(6b)
Given:
Speed (v) = 2 m/s
Period (T) = 0.3 s
Wavelength (λ) = v × T = 2 × 0.3 = 0.6m
==================================
(7a)
(i) In optical fibers
(ii) In a prism used in periscopes or binoculars
(7b)
Resonance occurs when the frequency of external force matches the natural frequency of a system, resulting in maximum amplitude WHILE Forced vibration is when a system is made to vibrate by an external force, regardless of its natural frequency.
==================================
(8a)
Capacitor stores energy in an electric field WHILE Inductor stores energy in a magnetic field.
(8b)
Given:
v = 3 × 10⁶ m/s
θ = 60°
F = 6.23 × 10⁻¹⁴ N
q = 1.6 × 10⁻¹⁹ C
Using the Formula,
F = qvB sinθ
B = F / (qv sinθ)
= 6.23 × 10⁻¹⁴ / (1.6 × 10⁻¹⁹ × 3 × 10⁶ × sin60°)
≈ 6.23 × 10⁻¹⁴ / (4.16 × 10⁻¹³)
≈ 0.15 T
Magnetic flux density (B) ≈ 0.15 tesla
==================================
(9a)
A potentiometer does not draw current from the source being measured, hence gives more accurate emf readings.
(9b)
• Conductor Allows easy flow of electric current (e.g., copper).
• Insulator Resists the flow of electric current (e.g., rubber).
==================================
(10a)
• Adhesion is the force of attraction between molecules of different substances
• Cohesion is the force of attraction between molecules of the same substance
(10b)
Due to strong cohesive force between mercury molecules and weak adhesive force between mercury and glass.
==================================
Physics-Obj
1 - 10: BCCBEDCDDB
11-20: DDEDBBCBCC
21-30: BBCCECDDDE
31-40: ECDEBBDDEB
41-50: AEAADCEEBE
51-60: CBAEBDDCAD
There once lived a boy named Samuel. His parents died when he was young. One day, a kind old man saw him hungry by the road and took him home. He gave Samuel food, clothes, and sent him to school.
Years later, Samuel became rich. But he forgot the old man. When the man came to ask for help, Samuel chased him away and said, “I don’t know you.”
Later, Samuel’s business failed. He lost everything. People avoided him. The old man heard what happened and came back to help. He gave Samuel a place to stay and food to eat again.
Samuel cried and begged for forgiveness. He learned never to forget those who helped you when you had nothing.
==================================
https://whatsapp.com/channel/0029Vai87R97dmebGOj6pU1X
*SECTION B*
*(COMPREHENSION)*
(a) people's opinion of Mazi Okonkwo was that they regarded him as untouchable in the Community.
b) It was necessary to demolish buildings so as to widen all the major roads in the Capital city.
https://whatsapp.com/channel/0029Vai87R97dmebGOj6pU1X
(c) He implies that he does not wish to die you.
(d) They expected to section in action.
(ei) Adverbial phrase.
(gi) Assumed=> Speculated/Believe/Expected
(ii) Retreat=> Exist/Pullback/withdrawal
(iii) Show up=> came/arrived/appeared
(iv) Collapsed=> fell/crumbled/went down
==================================
*SECTION C*
*SUMMARY*
(a) Positive effects of television according to the passage include:
*PICK ANY THREE*
(i) It helps us to know world happenings
(ii) Early exposure of children to television he them to develop faster in Language"
(iii) It helps children to learn the right Pronunciation
(iv) It is a means of entertainment
(b) Negative effects of television include;
*PICK ANY TWO*
(i) It appects the zeal to read.
(ii) Thinking capacity of children will be handicapped/affected.
(iii) it is a source of distraction to children
==================================
*COMPLETED ✅💯*
*2025 ONDO STATE JOINT ENGLISH LANGUAGE ANSWERS*
==================================
OBJ
01-10:- BBACACBAAC
11-20:- DCDBDDACBC
21-30:- BAABABDCBA
31-40:- ABBCAABAAA
41-50:- DBDBCDBBCD
51-60:- ABBDBABAAD
COMPLETED ✅💯
==================================
*SECTION A (ESSAY)*
Answer Only One Question from this section
(1)
The Senior Prefect,
Community Secondary School,
Ondo State.
14th July, 2025.
The Principal,
Community Secondary School,
Ondo State.
Dear Sir,
*Request for the Revival of Debates, Drama and Excursions*
I hope this letter finds you well. As the Senior Prefect, I write to kindly ask for the return of activities such as debates, drama and excursions which used to take place in our school.
These activities were very helpful to students in many ways. Debates help us speak confidently and think fast. Drama teaches teamwork and makes learning fun. Excursions help us see real things we learn in class, like visiting museums, farms or factories.
Many students miss these activities because they make school exciting and help us learn better. They also help shy students to come out of their shell and learn how to relate with others.
Please, we will be happy if these activities can come back. They will help us become better students, not only in books but in real life too.
Thank you, Sir.
Yours faithfully,
Michael Adekoya
(Senior Prefect)
==================================
(2)
Ekpemu Secondary School,
Ondo State, Nigeria.
14th July, 2025.
Dear Michael,
*Welcome to Our School, What You Should Know*
I am so happy to hear that you want to join our school. You made a good choice. Let me tell you some things about it.
Our school is very peaceful and clean. The teachers are friendly and always ready to help. We have science labs, computer rooms, a school library and a big football field.
We wear uniforms from Monday to Friday. School starts by 8:00 a.m. and ends around 2:00 p.m. We also have sports and clubs every Wednesday, which makes school fun.
If you stay in the hostel, the school provides food and a safe place to sleep. There are school buses too for students who live nearby.
Once you get here, I will introduce you to everyone and help you settle in. I can’t wait to see you!
Your friend,
Akinwale Johnson
==================================
(3)
*THE RISING “JAPA” TREND AMONG NIGERIAN YOUTHS*
These days, many young Nigerians are leaving the country in large numbers. This act is now called "Japa", which means "to run away". Young people leave to look for better jobs, education and a better life in other countries.
Why is this happening? Many youths are tired of struggling. There are not enough good jobs and some feel unsafe or not supported. As a result, they believe going abroad is the only way to succeed.
But this is causing a problem. The country is losing its strong and smart young people. Who will help build Nigeria if we all leave?
To stop this, the government should provide more jobs, support small businesses and make schools better. Leaders should give young people hope so they can stay and grow here.
Our country can be great, but we must believe in it and work together to make it better.
==================================
(4)
*SCHOOL NEAR VS. FAR FROM HOME*
Good day everyone,
I am here to support the idea that it is better to attend a school near your home than one far away.
Firstly, a school close to home saves time and money. You don’t have to wake up too early or spend much on transport. You also get to school on time.
Secondly, your parents can visit your school easily. They can attend meetings, check your progress and support you.
Thirdly, nearby schools are safer. You won’t have to travel long distances, which can be risky.
Lastly, you can study with friends from your area and grow up with people who understand your background.
In short, a school near your home helps you learn in comfort and with fewer worries. Thank you.
==================================
(5)
*DO NOT BITE THE HAND THAT FEEDS YOU*
ADJUSTED TIME TABLE FOR AKWA IBOM STATE BECE
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