-Geographically -exported goods are sold at cheaper price in the country of manufacture than in foreign country.
-Time-peak and off peak
-Type of demand e.g. demand for electricity of domestic use and commercial use
-Income e.g. in hospitals
sharon kalunda answered the question on September 2, 2019 at 07:56
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a) Derived demand and joint demand
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b) Shift and movement along demand curve
Date posted: September 2, 2019. Answers (1)
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...(Solved)
The following balances were extracted from the books of Kipchoge as at 31st Dec, 2014
Shs.
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Bank 3,400
Cash 2,700
Discount received 200
Drawings 300
Land 6,000
Furniture & Fittings 19,000
Sales 4,500
Prepare a correct trial balance as at 31st Dec 2014.
Date posted: September 2, 2019. Answers (1)
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For each of the following statements, give the type of unemployment described.
Date posted: September 2, 2019. Answers (1)
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Show the effect of each of the following transactions to capital, liabilities and assets indicating whether it is an increase (+) a decrease (-) or a nil (0) .
Date posted: September 2, 2019. Answers (1)
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The table below contains descriptions relating to some type of warehouse. In the space provided, write the type of warehouse to which each description refers.
Date posted: September 2, 2019. Answers (1)
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In the spaces provided below, state the document to which each of the following statement relate.
Date posted: September 2, 2019. Answers (1)
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The diagram below shows supply curves of two producers in different countries but of the same product.
Highlight four reasons why producer Y supplies more than producer X at the same price.
Date posted: September 2, 2019. Answers (1)
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State the book of original entry used in recording each of the following transaction of Mrembo Traders.
Date posted: September 2, 2019. Answers (1)
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Year ...(Solved)
The cost of consumer goods for a representatives of a household is given below:
Year Price
2010 5000
2011 9000
Determine the increase in consumer price index using 2010 as the base year.
Date posted: September 2, 2019. Answers (1)
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Study the ledger accounts given below and write out the transactions that took place affecting the business of Huruma Ltd in January 2008.
Date posted: September 2, 2019. Answers (1)
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...(Solved)
The following balances were extracted from Mwangaza traders books of accounts.
Shs.
Opening stock 25,000
Closing stock 35,000
Purchases 190,000
Mark - up 20%
Calculate:
i) Cost of sales
ii) Gross profit
iii) Sales
iv) Rate of stock turnover (ROSTO)
Date posted: September 2, 2019. Answers (1)
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Explain five reasons that contribute to low tax revenue by the government through Kenya RevenueAuthority.
Date posted: September 2, 2019. Answers (1)
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...(Solved)
The following balances relate to Maendeleo Electrical Enterprise as at 31st December, 2014.
Sh.
Machinery 1,240,000
Stock 190,000
Debtors 150,000
Motor vehicle 1,100,000
Cash- in- hand 150,000
Creditors 270,000
Bank overdraft 130,000
10 year bank loan 1,200,000
Capital 1,660,000
Drawings 750,000
Net profit 320,000
Required:
Prepare a balance sheet as at 31st December, 2014 clearly showing:
i) Net capital
ii) Total current liabilities
iii) Total current assets
Date posted: September 2, 2019. Answers (1)
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Explain five factors that may influence the choice of distribution channel for milk.
Date posted: September 2, 2019. Answers (1)
- On first October 2010, Makueni Traders had sh. 110,000 in hand and sh. 500,000 at bank. During the
month, the following transactions took place.
October, 2010:
2: Cash...(Solved)
On first October 2010, Makueni Traders had sh. 110,000 in hand and sh. 500,000 at bank. During the
month, the following transactions took place.
October, 2010:
2: Cash sales directly banked sh. 70,520
3: Bought stationery in cash sh. 9,000
4: Bought stock worth sh. 40,000 and the payment was done by the end of the next month in cash.
5: Paid Josh, a creditor sh. 188,000 by cheque in full settlement of his account after deductions 6% cash
discount
10: Received a cheque for sh. 117,600 from Esther after allowing her a cash discount of sh. 2,400
12: Sold goods worth sh. 10,000 to Eric on credit
16: Paid salaries sh. 62,000 in cash
20: Withdrew sh. 100,000 from bank for office use
24: Arnold, a debtor paid his account of sh. 150,000 by cheque less 10% cash discount
28: The owner took some stock worth sh. 5,000 home for family use
30: Deposited all the cash into bank except sh. 27,400.
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Prepare a three column cash book and balance it off.
Date posted: September 2, 2019. Answers (1)
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Required
Record the above transactions in the appropriate journals.
Date posted: August 20, 2019. Answers (1)
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There is a tendency of firms being located where other firms exist. Highlight five disadvantages of this move.
Date posted: August 20, 2019. Answers (1)