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-Source document -Book of original entry
-Invoice - Purchases returns journal
-Invoice -Purchases journal
Kavungya answered the question on September 25, 2019 at 08:19
- Complete the table below(Solved)
Complete the table below
Date posted: September 25, 2019. Answers (1)
- Highlight four difficulties encountered in international trade(Solved)
Highlight four difficulties encountered in international trade
Date posted: September 25, 2019. Answers (1)
- The following information relates to Alex traders .Determine the missing figures(Solved)
The following information relates to Alex traders .Determine the missing figures
Date posted: September 25, 2019. Answers (1)
- Outline four advantages of partitioned office layout.(Solved)
Outline four advantages of partitioned office layout.
Date posted: September 25, 2019. Answers (1)
- The following assets and liabilities belong to Munyasia stores as at 31st Marc h 2005.
Buildings sh 200,000, Debtors sh 8,000, creditors sh 32,000, stock sh24,000,...(Solved)
The following assets and liabilities belong to Munyasia stores as at 31st Marc h 2005.
Buildings sh 200,000, Debtors sh 8,000, creditors sh 32,000, stock sh24,000, call at bank sh 120,000, cash in hand sh 40,000 loan from HFCK sh 100,000 and capital sh 260,000.
During the month of April 2005 the following transactions took place
April 1 – sold goods worth sh 2100 cash
2 – Paid creditors sh 8000 cash
10 – Received sh 2000 from debtors cash.
15 – Bought a motor van sh 350,000 paying by cheque.
Prepare a balance sheet as at 15th April 2005
Date posted: September 25, 2019. Answers (1)
- State four reasons why the government imposes taxes.(Solved)
State four reasons why the government imposes taxes.
Date posted: September 25, 2019. Answers (1)
- Highlight four reasons why a country would rely more on primary level of production.(Solved)
Highlight four reasons why a country would rely more on primary level of production.
Date posted: September 25, 2019. Answers (1)
- Juma Munyacia sells all his goods at 25% above cost. His books gave the following information
as at 31st December 2004.
Stock 1st January 2004 ...(Solved)
Juma Munyacia sells all his goods at 25% above cost. His books gave the following information
as at 31st December 2004.
Stock 1st January 2004 98,720
Stock 31st December 2004 126,000
Sales for the year 600,000
Calculate the profit made by Munyalia
Date posted: September 25, 2019. Answers (1)
- State four benefits that people from your area may receive from business enterprise(Solved)
State four benefits that people from your area may receive from business enterprise
Date posted: September 25, 2019. Answers (1)
- Give four reasons for popularity of consumer parcel service.(Solved)
Give four reasons for popularity of consumer parcel service.
Date posted: September 25, 2019. Answers (1)
- Highlight four factors that determine the size of a firm.(Solved)
Highlight four factors that determine the size of a firm.
Date posted: September 25, 2019. Answers (1)
- Highlight four factors that may be considered by an insurance firm before determining Premiums to be charged for life assurance policy.(Solved)
Highlight four factors that may be considered by an insurance firm before determining Premiums to be charged for life assurance policy.
Date posted: September 25, 2019. Answers (1)
- The following correspondence has been received in the mail room, state the department to which each correspondence would be sent.(Solved)
The following correspondence has been received in the mail room, state the department to which each correspondence would be sent.
Date posted: September 25, 2019. Answers (1)
- Name the four ways through which consumers can be cheated in their dealings with traders.(Solved)
Name the four ways through which consumers can be cheated in their dealings with traders.
Date posted: September 25, 2019. Answers (1)
- Outline four differences between Savings account and Current account as provided by commercial banks.(Solved)
Outline four differences between Savings account and Current account as provided by commercial banks.
Date posted: September 25, 2019. Answers (1)
- The following information relates to Rokito traders for the year ended(Solved)
The following information relates to Rokito traders for the year ended 31st December 2011.
Fixed Assets 5,000,000
Current assets 650,000
Net Profit 300,000
Current Liabilities 650,000
Sales 2,000,000
Closing stock 100,000
Opening Stock 200,000
Gross Profit Margin was 20%
Calculate
(a)Current ratio
(b)Gross profit mark-up
(c)Rate of stock turnover
(d)Capital employed
Date posted: September 25, 2019. Answers (1)
- The document shown was issued by Jimcar traders to Mueni
Outline four circumstances under which the above document may be issued.(Solved)
The document shown was issued by Jimcar traders to Mueni
Outline four circumstances under which the above document may be issued.
Date posted: September 25, 2019. Answers (1)
- Write the following abbreviations in full.
(i)G.D.P
(ii)N.N.P
(iii)G.N.P
(iv)D.P.I(Solved)
Write the following abbreviations in full.
(i)G.D.P
(ii)N.N.P
(iii)G.N.P
(iv)D.P.I
Date posted: September 25, 2019. Answers (1)
- State the books of original entries in which the following documents are used.
(a)Incoming Invoice
(b)Incoming Receipt
(c)Outgoing Credit Note
(d)Outgoing Invoice(Solved)
State the books of original entries in which the following documents are used.
(a)Incoming Invoice
(b)Incoming Receipt
(c)Outgoing Credit Note
(d)Outgoing Invoice
Date posted: September 25, 2019. Answers (1)
- State the type of unemployment to which each of the following statements relate(Solved)
State the type of unemployment to which each of the following statements relate
Date posted: September 25, 2019. Answers (1)