i) Intermediaries-enables the movement of good to customers
ii) Technological-enhance efficiency in production
iii) Demographic-provide markets of labour
iv) Competitors - ensure goods quality of variety of goods are made
Kavungya answered the question on April 3, 2019 at 06:49
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Required
(i) Prepare a...(Solved)
The following balances were extracted from the books of Dandora traders for the
year ended 31st Dec. 2009 after having prepared a trading account.
Required
(i) Prepare a profit and loss account for Dandora traders for the year ended
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Date posted: April 1, 2019. Answers (1)
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Jan 1, 2012 Balance b/d Bank sh. 3,000 (CR)
...(Solved)
Enter the following transactions in the relevant ledger accounts.
Jan 1, 2012 Balance b/d Bank sh. 3,000 (CR)
Cash sh. 2,000
Jan 2, 2012 Received Ksh 49,000 from Pete traders after deducting 2% cash discount.
Jan 5, 2012 Deposited sh. 20,000 from cash box to the bank account.
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Date posted: April 1, 2019. Answers (1)
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(a) A person has absolutely nothing to do
(b) A worker does...(Solved)
State the type of unemployment described by each of the following statements. (4 marks )
(a) A person has absolutely nothing to do
(b) A worker does not have specific skills and loses the job when the contract between
him and the employer ends
(c ) The number of people employed exceeds those that are required.
(d)Caused by seasonal variations such that during peak period, there is high demand for labour
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Date posted: April 1, 2019. Answers (1)
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Trade discount 5% and cash discount 10%. If payment is made...(Solved)
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Determine the amount paid if payment was made on 26th April 2012.
Date posted: April 1, 2019. Answers (1)
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- Masai traders maintains a petty cash imprest of sh 12,000 per week. On 31st March 2005,
they had a balance of sh 2130 in hand and...(Solved)
Masai traders maintains a petty cash imprest of sh 12,000 per week. On 31st March 2005,
they had a balance of sh 2130 in hand and was given cash to restore the imprest.
The following transactions took place during the first week of April 2005.
2005
April 2 - Bought stamps for sh 150 and paid wages sh 1000
3 - Bought 5 reams of duplicating paper at sh 230 each
4 - Paid taxi fare sh 500
5 - Paid wages sh 1000 and bought envelopes for sh 200
6 - Bought coffee for staff sh 300 and paid a water bill sh 550
7 - Paid for office machine repairs sh 200 and bought stamps sh 150.
Required:
Prepare a petty cashbook using the following analysis columns:-
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Date posted: April 1, 2019. Answers (1)
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Outline five reasons why the Kenya government is encouraging new investors to
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Date posted: April 1, 2019. Answers (1)