- Hyper/runaway inflation
- Galloping/rapid inflation
-Stagflation
- Creeping/Mild/moderate inflation
marto answered the question on September 25, 2019 at 09:49
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The following balance sheet belongs to Rivatex Traders.
Required: Calculate
i) Working Capital
ii) Borrowed Capital
iii) Capital Employed
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Date posted: September 25, 2019. Answers (1)
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Jan 2: Bought goods in cash sh. 1500
Jan 4: Paid salaries by cash sh 7500.
Jan 5: Received cheques from the following debtors after allowing 2% discount in each case. Masy sh 980, kiplimo sh .1960.
Jan 8: Settled the following accounts by cheque in each case deducting 5 % discount; Juma sh 3000, Kasani shs 1200.
Jan 12: Bought machinery worth sh 7000, paid sh 5000 by cheque and the balance to be paid later
Jan 20: Took sh 1000 for personal use from the business cash till.
Jan 25: Cash sales sh 2000
Jan 26: Received cash shs.3000 from Kioko, a Debtor.
Jan 28: Brought in Sh 2000 cash from his personal savings.
Jan 29: Banked all cash except sh. 1000
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Date posted: September 25, 2019. Answers (1)
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Stock as at 31/12/2011 was valued at shs. 35,000
Required:
i)Prepare a trading, profit...(Solved)
The following trial balance relates to Kitui Millers Ltd as at 31st December 2011.
Kitui Millers Ltd
Trial Balance
As 31st December 2011
Stock as at 31/12/2011 was valued at shs. 35,000
Required:
i)Prepare a trading, profit and loss account for the year ended 31st December, 2011.
ii)Draw a balance sheet as at 31st December, 2011.
Date posted: September 25, 2019. Answers (1)
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Date posted: September 25, 2019. Answers (1)
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Date posted: September 25, 2019. Answers (1)
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Explain five factors that may have accounted for the trend...(Solved)
The table below shows the terms of trade for country A from year 2006 to 2009.
Explain five factors that may have accounted for the trend in terms of trade of country A.
Date posted: September 25, 2019. Answers (1)
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Date posted: September 25, 2019. Answers (1)
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Date posted: September 25, 2019. Answers (1)
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Date posted: September 25, 2019. Answers (1)
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The conditions given below are for a monopoly firm or a firm operating under perfect competition. Write the correct market structure against each of the conditions.
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b)There is free entry and exit.
c)Product involved is homogeneous
Date posted: September 25, 2019. Answers (1)
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Date posted: September 25, 2019. Answers (1)
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Date posted: September 25, 2019. Answers (1)
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Date posted: September 25, 2019. Answers (1)
- The following trial balance was prepared by a book keeper but failed to balance.
Prepare a corrected trial balance.(Solved)
The following trial balance was prepared by a book keeper but failed to balance.
Majengo Traders
Trial Balance
As at 30th June 2003
Dr Cr
Prepare a corrected trial balance.
Date posted: September 25, 2019. Answers (1)