- The information below relates to Midcity retail business.(Solved)
The information below relates to Midcity retail business.
Prepare a trading account for Midcity retail business for the year ended 31st Dec. 2018.
Date posted: August 19, 2019. Answers (1)
- Identify the accounts in which the following transactions would be recorded in the ledger.(Solved)
Identify the accounts in which the following transactions would be recorded in the ledger.
Date posted: August 19, 2019. Answers (1)
- From the transactions below state the accounts to be debited and to be credited.(Solved)
From the transactions below state the accounts to be debited and to be credited.
Date posted: August 19, 2019. Answers (1)
- The following information relates to Njao Traders for the year ended 31 .12.2018.(Solved)
The following information relates to Njao Traders for the year ended 31 .12.2018.
Prepare his profit and loss account for the year ended 31.12.2018
Date posted: August 19, 2019. Answers (1)
- State the level of production for each of the following activities(Solved)
State the level of production for each of the following activities
Date posted: August 19, 2019. Answers (1)
- Highlight any four differences between Home trade and International trade.(Solved)
Highlight any four differences between Home trade and International trade.
Date posted: August 19, 2019. Answers (1)
- The table below shows the prices of different types of goods in the year 2015 and 2018. Use the figures to calculate the consumer price...(Solved)
The table below shows the prices of different types of goods in the year 2015 and 2018. Use the figures to calculate the consumer price index (C.P.I) of each commodity.
Date posted: August 19, 2019. Answers (1)
- Explain how the transport industry contributes to the development of the economy(Solved)
Explain how the transport industry contributes to the development of the economy
Date posted: August 10, 2019. Answers (1)
- Explain benefits that the government will accrue after the turkana oil is drilled(Solved)
Explain benefits that the government will accrue after the turkana oil is drilled
Date posted: August 10, 2019. Answers (1)
- State four positive implications of a large population in a country(Solved)
State four positive implications of a large population in a country.
Date posted: August 1, 2019. Answers (1)
- Give four reasons why railway transport is not competitive in Kenya(Solved)
Give four reasons why railway transport is not competitive in Kenya.
Date posted: August 1, 2019. Answers (1)
- Explain why opportunity cost is important in our day-to-day life.(Solved)
Explain why opportunity cost is important in our day-to-day life.
Date posted: July 26, 2019. Answers (1)
- Identify the various Business disciplines from which business studies as a subject borrows concept from(Solved)
Identify the various Business disciplines from which business studies as a subject borrows concept from
Date posted: July 10, 2019. Answers (1)
- What are the challenges that come as a result of emerging issues in marketing?(Solved)
What are the challenges that come as a result of emerging issues in marketing?
Date posted: June 25, 2019. Answers (1)
- State the ledgers in which each of the following accounts are kept.
...(Solved)
State the ledgers in which each of the following accounts are kept.
Ledgers
a). Rent Account
b). Discount received Account
c). Cash Account
d). Creditors Account
Date posted: June 4, 2019. Answers (1)
- State the business environment described in the statements given below.(Solved)
State the business environment described in the statements given below.
Date posted: June 4, 2019. Answers (1)
- The following information was extracted from the books of Kisima wholesalers on 31st December, 2018.
(i) Opening stock sh. 300,000
(ii)...(Solved)
The following information was extracted from the books of Kisima wholesalers on 31st December, 2018.
(i) Opening stock sh. 300,000
(ii) Purchases sh. 1,550,000
(iii) Closing stock sh. 220,000
(iv) Margin 1/6
Required : Draw Kisima wholesalers trading account.
Date posted: June 4, 2019. Answers (1)
- For each of the transactions given below indicate the accounts to be debited and the account to be credited.(Solved)
For each of the transactions given below indicate the accounts to be debited and the account to be credited.
Date posted: June 4, 2019. Answers (1)
- Munyao an entrepreneur intends to start a business. Give four factors that he needs to consider when deciding on which goods to produce.(Solved)
Munyao an entrepreneur intends to start a business. Give four factors that he needs to consider when deciding on which goods to produce.
Date posted: June 4, 2019. Answers (1)
- Record the following transactions that took place in Otiende traders from 21st august to 24th August 2018 in the general journal. 201821st Aug: Bought...(Solved)
Record the following transactions that took place in Otiende traders from 21st august to 24th August 2018 in the general journal.
2018
21st Aug: Bought furniture from Lowoi furniture mart at Sh 60,000 on credit
22nd Aug: Sold an old machinery on credit to Muchina at Sh. 90,000
23rd Aug: Bought a lawn mower from Farm Machines on credit Sh. 80,000
24th Aug: Purchased a water tank worth Sh. 140,000 on credit from Kentank ltd
Date posted: June 4, 2019. Answers (1)