-Widespread corruption / embezzlement of funds.
-Poor management.
-Lack of accountability.
-Political interference
-Stiff competition from the private sector.
-Poor customer relationship/insensitivity to customers.
Kavungya answered the question on September 25, 2019 at 09:22
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Prepare a corrected trial balance.(Solved)
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Trial Balance
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Dr Cr
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Date posted: September 25, 2019. Answers (1)
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Motor vehicles 200...(Solved)
Prepare the balance sheet of Baraka Traders from the following list of balances extracted from his books as at 31st December 2005.
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Stock 40 000
Creditors 25 000
Loan from KCB 100 000
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Furniture 7 000
Capital 292 000
Date posted: September 25, 2019. Answers (1)
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Additional information
(i)Closing stock was valued at sh.72,000
(ii)Telephone charges prepaid shs.1100
(iii)Outstanding water...(Solved)
The following balances were obtained from the books of Nakhulo Traders on 31st Dec 2011
Additional information
(i)Closing stock was valued at sh.72,000
(ii)Telephone charges prepaid shs.1100
(iii)Outstanding water bill shs. 1300
(iv)Depreciation on equipment is 10% on cost carried inwards shs.11,000, carried outwards shs.10,000
Prepare;
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Date posted: September 25, 2019. Answers (1)
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Additional information;
(i)Stock as at 31st December 2011 shs 52,000
(ii)Rent...(Solved)
The following trial balance was extracted from the books of Bumala traders on 31st Dec 2011
Additional information;
(i)Stock as at 31st December 2011 shs 52,000
(ii)Rent accrued shs. 6,000
(iii)Insurance paid in advanced sh.4,000
(iv)Commission due shs.5,000
(v)Salaries along shs.21,000
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(b)Balance sheet as at that date
Date posted: September 25, 2019. Answers (1)
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Date posted: September 25, 2019. Answers (1)