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- Must bear signature of the drawer
- Must be accepted by debts
- Should be unconditionally accepted
-Must bear appropriate revenue stamp
Kavungya answered the question on April 3, 2019 at 08:42
- A trader sold a bag of sugar at Kshs.4000. The buyer was allowed a trade discount of 10%. If he
pays the debt in two weeks...(Solved)
A trader sold a bag of sugar at Kshs.4000. The buyer was allowed a trade discount of 10%. If he
pays the debt in two weeks and cash discount of 3% if payment is made within one month.
Calculate the amount the trader received if the buyer paid within 15days
Date posted: April 3, 2019. Answers (1)
- Identify the type of wholesaler described in each of the following cases in the table below:
...(Solved)
Identify the type of wholesaler described in each of the following cases in the table below:
Description Type of wholesaler
(a) They sell a wide range of goods within one line of products
(b) They stock their products in vehicles and move around selling to other traders
(c) They stock particular types of goods and sell to other specialized traders
(d) They operate on a self-service basis where other traders pick, pay and
transport goods on their own
Date posted: April 3, 2019. Answers (1)
- Show how the following transactions may affect the items of balance sheet, stating whether it is
an increase , decrease or no effect(Solved)
Show how the following transactions may affect the items of balance sheet, stating whether it is
an increase , decrease or no effect
Date posted: April 3, 2019. Answers (1)
- State four disadvantages a person may experience when using credit cards(Solved)
State four disadvantages a person may experience when using credit cards
Date posted: April 3, 2019. Answers (1)
- Give four contents of a statement of account(Solved)
Give four contents of a statement of account
Date posted: April 3, 2019. Answers (1)
- State four limitations of hawking(Solved)
State four limitations of hawking.
Date posted: April 3, 2019. Answers (1)
- Mwita has introduced computers in his business operations, outline four benefits that he may
experience(Solved)
Mwita has introduced computers in his business operations, outline four benefits that he may
experience
Date posted: April 3, 2019. Answers (1)
- Give four characteristics of a good memo(Solved)
Give four characteristics of a good memo
Date posted: April 3, 2019. Answers (1)
- Identify four qualities of a personal secretary(Solved)
Identify four qualities of a personal secretary
Date posted: April 3, 2019. Answers (1)
- Name four equipment that can be available in the accounts office(Solved)
Name four equipment that can be available in the accounts office
Date posted: April 3, 2019. Answers (1)
- The manager of Kusimba stores has vowed to improve his yields by 50% through labour
motivation. State five ways by which he can achieve this(Solved)
The manager of Kusimba stores has vowed to improve his yields by 50% through labour
motivation. State five ways by which he can achieve this
Date posted: April 3, 2019. Answers (1)
- Give four characteristics of indirect production(Solved)
Give four characteristics of indirect production
Date posted: April 3, 2019. Answers (1)
- A worker has been working as a mechanic for two years. However, he thinks of changing to
another occupation. Give the reasons for his decision.(Solved)
A worker has been working as a mechanic for two years. However, he thinks of changing to
another occupation. Give the reasons for his decision.
Date posted: April 3, 2019. Answers (1)
- Identify the type of utility created in the following circumstances
Activity ...(Solved)
Identify the type of utility created in the following circumstances
Activity Utility
a) Carpentry
b) Selling bread to students
c) Warehousing of goods imported
d) Carriage of cargo to the market
Date posted: April 3, 2019. Answers (1)
- Explain the factors that have led to dominance of subsistence production despite development
in technology in Kenya.(Solved)
Explain the factors that have led to dominance of subsistence production despite development
in technology in Kenya.
Date posted: April 3, 2019. Answers (1)
- Write in full the following abbreviations:
i) Franco
ii) O.N.
iii) C.W.O
iv) I.O.U(Solved)
Write in full the following abbreviations:
i) Franco
ii) O.N.
iii) C.W.O
iv) I.O.U
Date posted: April 3, 2019. Answers (1)
- For each of the following production activities, indicate whether it is direct or indirect type of
production.
(Solved)
For each of the following production activities, indicate whether it is direct or indirect type of
production.
Date posted: April 3, 2019. Answers (1)
- Classify the following items into either basic wants or secondary wants
ITEM ...(Solved)
Classify the following items into either basic wants or secondary wants
ITEM WANT
(a) Furniture
(b) Medical care
(c) Sausages
(d) shelter
Date posted: April 3, 2019. Answers (1)
- Outline four benefits that accrue to a company by using a prize winning competition to promote
its products(Solved)
Outline four benefits that accrue to a company by using a prize winning competition to promote
its products
Date posted: April 3, 2019. Answers (1)
- Indicate whether the following resources are renewable or non-renewable
Resource Classification
1. Limestone
2. Natural rubber
3. Solar...(Solved)
Indicate whether the following resources are renewable or non-renewable
Resource Classification
1. Limestone
2. Natural rubber
3. Solar energy
4. Biogas
5. Rivers
6. Wildlife
7. Soda ash
8. Forest
Date posted: April 3, 2019. Answers (1)