-When the prices of other products change
-Tastes and preferences of individuals change
-When products don’t have substances.
-Incase of primary products that must be consumed
-Incases of monopolies who are the only producers.
sharon kalunda answered the question on February 28, 2019 at 11:57
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Additional information. Sh.
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(ii) Rent accrued 6,000
(iii) Insurance paid in advance 4,000
(iv) Commission due 5,000
(v) Salaries owing 21,000
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Trial Balance
As at Gathiro’s 31st Oct 2013
On 31st Oct. 2013, the business had closing stock valued at Shs. 60,000
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Nov. 3 Paid the following accounts by cheque.
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During the month the following Transactions...(Solved)
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During the month the following Transactions took place
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55
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On 1 March, 2001, mingy traders had Ksh. 13,200 in cash and bank balances of Sh56, 000.The
following transaction took place during the month.
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