- Ideal location where goods are produced in greater quantity to be used later.
- Suitable building which is large enough and appropriate to store goods of different kinds
more safely
- Should be well equipped with necessary facilities to store goods for a longer period
- Should have well trained and efficient staff to ensure that goods are protected against losses
and damages
- Good transport system to enhance movement to and from the warehouse
- Should have appropriate protection measures to elleviate losses, damages and other
calamities.
sharon kalunda answered the question on March 4, 2019 at 13:08
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In the spaces provided below indicate the level of production that relates to each of the
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Fishing from a river __________________________________
Growing maize __________________________________
Making leather belts __________________________________
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(i)...(Solved)
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(a) Describe two methods commonly used for this purpose
(b) Mention three advantages of each to:
(i) Manufacturers
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Net profit 130,000
Plant fixtures 160,000
Equipment’s 100,000
Buildings 240,000
Office furniture 10,000
Stock 192,000
Cash 118,000
Debtors 158,000
Pre-paid expenses 22,000
Creditors 130,000
Outstanding expenses 20,000
Bank overdraft 110,000
Required :
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Enter the following transaction into a cash book and balance it as at 20th March 1995.
March 2nd started business with Kshs. 28,000 of which Kshs. 8000 was banked .
March 4. Bought stock from Nekesa worth Kshs 2000 and paid by cheque.
March 6. Paid wages in cash Ksh 4000.
March 10.Received a cheque for Kshs. 3000 from a debtor
March 20. Deposited cash in bank from cash till Kshs. 3000.
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