–Assemble in market places on designated market days.
-Display their wares on the ground and make shift structures.
-Deal in a wide variety of items e.g. foodstuffs.
-Traders selling particular items are found in particular parts of the market.
-Traders normally visit different market days of the week.
Kavungya answered the question on September 25, 2019 at 08:58
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State four emotional qualities of an office worker.
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September 25, 2019
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Outline four advantages of partitioned office layout.
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September 25, 2019
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Highlight four reasons why a country would rely more on primary level of production.
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September 25, 2019
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State four benefits that people from your area may receive from business enterprise
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September 25, 2019
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Give four reasons for popularity of consumer parcel service.
Date posted:
September 25, 2019
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Name the four ways through which consumers can be cheated in their dealings with traders.
Date posted:
September 25, 2019
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Outline four differences between Savings account and Current account as provided by commercial banks.
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Outline four differences between Savings account and Current account as provided by commercial banks.
Date posted:
September 25, 2019
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Answers (1)
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Demand for bananas in a certain market has been declining over time.
Explain four factors that may be responsible for this trend.
(Solved)
Demand for bananas in a certain market has been declining over time.
Explain four factors that may be responsible for this trend.
Date posted:
September 13, 2019
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Explain five ways through which the Central Bank regulates economic activities in the Country.
(Solved)
Explain five ways through which the Central Bank regulates economic activities in the Country.
Date posted:
September 13, 2019
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Answers (1)
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On 1st march 2017 Kamau had cash in hand Ksh 7,800 and a bank overdraft of Ksh 24,300.
(Solved)
On 1st march 2017 Kamau had cash in hand Ksh 7,800 and a bank overdraft of Ksh 24,300.During the month, the following transactions took place
March 3 cash sales paid directly into the bankKsh 16,500
4 bought goods for Ksh 15,000 and paid by cheque
6 cash sales Ksh. 50,000
9 received a cheque of ksh 18,000 from Amolo in full settlement of his debt
13 paid insurance premiums of Ksh 16,000 in cash
15 paid Kamotho by cheque Ksh 9,700 in full settlement of his account less 3% cash discount
21 withdrew Ksh 30,000 from bank for office use
24 received a cheque of Ksh23,750 from Rotich in full settlement of his account less 5% cash discount
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30 banked all cash except Ksh 3,000
Required: prepare a three column cash book
Date posted:
September 13, 2019
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Answers (1)
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The following trial balance was extracted from the books of J.B. Traders as at 31st Dec. 2014.Stock on 31/12/2014 was valued at sh. 13,000Required: Prepare...
(Solved)
The following trial balance was extracted from the books of J.B. Traders as at 31st Dec. 2014.
Stock on 31/12/2014 was valued at sh. 13,000
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Date posted:
September 5, 2019
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Answers (1)
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Luanda Traders had the following balances at 1st Jan 2015 Cash Sh. 180,000 (Dr.) Bank Sh. 67,000 (Cr.) During the month of Jan 2015, the...
(Solved)
Luanda Traders had the following balances at 1st Jan 2015 Cash Sh. 180,000 (Dr.) Bank Sh. 67,000 (Cr.) During the month of Jan 2015, the following transaction took place;
Jan 2 cash sales Sh. 14,500
Jan 6 Mwangi a debtor settled his account of Sh. 45,000 by cheque less 5% cash discount
Jan 8 Sold goods on credit with Sh. 25,000
Jan 14 Paid salaries in cash 50,000
Jan 18 Settled Laboso‘s account of 60,000 by cheque less 3% cash discount.
Jan 21 Received a cheque of 84,000 from Rotich after deducting 10% cash discount
Jan22 Cash purchases paid by cheque sh. 65,000
Jan 24 Cash sales worth 340,000 directly banked Sh. 300,000 cash into the account
Jan 28 Took cash 39,000 for children‘s school fees
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Prepare a dully balanced three column cash book
Date posted:
September 5, 2019
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Answers (1)
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Prepare a duly balanced three column cash book from the following information extracted from the books of Omwami traders.
Jan 1st Balance b/d cash sh.4,000, Bank...
(Solved)
Prepare a duly balanced three column cash book from the following information extracted from the books of Omwami traders.
Jan 1st Balance b/d cash sh.4,000, Bank Sh.27,000
Jan. 4th Settled Olweny creditors account of shs.8000 by cheque having deducted 6% cash discount
Jan 8th Received shs.6,000 cash from Mutoma traders
Jan 16th Deposited shs.4,500 to bank account
Jan 24th Withdrew shs.9200 from bank for private use
Jan 29th Received shs.19950 from Kahawa by cheque after allowing 5% discount
Jan 31st Banked all the cash leaving shs.1500 in the office
Date posted:
September 5, 2019
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Answers (1)
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The table below shows the demand and supply schedules for product A in a week.Using the information given in the table above, draw the demand...
(Solved)
The table below shows the demand and supply schedules for product A in a week.
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Date posted:
September 5, 2019
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Answers (1)
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For each of the following transactions indicate the account to be debited or credited.
(Solved)
For each of the following transactions indicate the account to be debited or credited.
Date posted:
September 5, 2019
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Answers (1)
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The table below shows estimated values for a certain country in millions of dollars.
...
(Solved)
The table below shows estimated values for a certain country in millions of dollars.
US$
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Income from rent .......................30,000
Profit of corporation ..................40,000
Net interest ............................80,000
Indirect taxes ..........................70,000
Subsidies ...............................200,000
Depreciation............................. 80,000
Net income from abroad..................... 50,000
From the above table calculate;
(a) The gross domestic produce
(b) Gross national product
Date posted:
September 4, 2019
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Answers (1)
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Enter the following transactions in a single column cash book and balance it off.
(Solved)
Enter the following transactions in a single column cash book and balance it off.
2013 August 2nd commenced business with Sh. 14.000 cash and 200,000 at the bank.
2013 August 3rd made cash sales amounting to sh. 6,000
2013 August 5th received cash 16,000 from Marwa, a debtor.
2013 August 12th paid for motor expenses Sh. 7,000 in cash.
2013 August 13th drew Sh. 30,000 from bank for office use.
Date posted:
September 4, 2019
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Answers (1)
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State FOUR Ways in which advertising agencies assist in sales promotion.
(Solved)
State FOUR Ways in which advertising agencies assist in sales promotion.
Date posted:
September 4, 2019
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Answers (1)
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Record the following transactions in a two column cash bookand balance it off as at January 12th2008 January 1 Started business with capital sh. 10,000...
(Solved)
Record the following transactions in a two column cash bookand balance it off as at January 12th2008
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January 3 cash sales sh. 2,500
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Date posted:
September 4, 2019
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Answers (1)
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Highlight four reasons why mail order business is not very popular in Kenya.
(Solved)
Highlight four reasons why mail order business is not very popular in Kenya.
Date posted:
September 4, 2019
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Answers (1)