(a)Advising business people on matters such as legal formalities
(b)Training business persons on appropriate ways of carrying out business
(c)Offering business persons financial assistance to enable them to start and run their Businesses.
(d)Providing incentives such as tax exemptions to encourage local businesses
(e)Organizing shows, trade fairs and exhibitions through which local traders may promote their goods and services.
(f)Creating an enabling environment for businesses to thrive
Kavungya answered the question on September 25, 2019 at 11:52
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ended 30.06.2011
Prepare East Stores profit and loss account
(Solved)
The following Trial balance was obtained from the books of East Traders for the year
ended 30.06.2011
Prepare East Stores profit and loss account
Date posted: September 25, 2019. Answers (1)
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ended 31.12.2011
Opening stock sh.75,000
Closing stock sh.25,000
Turnover sh.900,000
Margin 25%
Determine:
(a)Gross profit
(b)Rate of Turnover(Solved)
The information below was extracted from the books of Ssisa Stores for the year
ended 31.12.2011
Opening stock sh.75,000
Closing stock sh.25,000
Turnover sh.900,000
Margin 25%
Determine:
(a)Gross profit
(b)Rate of Turnover
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(a)Tax payers pay a fixed percentage of their income as tax.
(b)Amount of tax paid increases proportionately with...(Solved)
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Draw a new demand curve on the diagram above showing a decrease in demand and the effect on;
(i)equilibrium...(Solved)
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Draw a new demand curve on the diagram above showing a decrease in demand and the effect on;
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(ii)equilibrium quantity
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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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(a)Laws and policies that regulate business activities
(b)Affects buyer’s ability to buy commodities offered...(Solved)
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(a)Laws and policies that regulate business activities
(b)Affects buyer’s ability to buy commodities offered by a business
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Date posted: September 25, 2019. Answers (1)
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The following trial balance was extracted from the books of Rafiki traders as at 31st December 2018.
Required:
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(ii) A balance sheet as at 31st December 2018.
Date posted: September 25, 2019. Answers (1)
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Date posted: September 25, 2019. Answers (1)
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On 1st May 2018, Sosiot traders had Sh.25,000 Cash in hand and Bank overdraft of sh 15,000. During the month the following transactions took place.
2018
May 3: Kipkurui ,a debtor settled his account of sh 12000 by cheque of sh 10,000
May 5: Paid rent by cash sh. 5000
May 6: Deposited sh. 2000 into the business bank account from the cash till.
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May 10: Wanjiku a debtor settled her account of 15,000 by cheque, having been
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May 15: Purchased Furniture worth sh 3,000 paying by cheque
May 18: Deposited sh 7,000 into the bank from private sources.
May 23: Received the following amounts in cash from debtors having deducted
cash discount of 5%. Kertich sh 7600, Brian sh 4750
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Prepare a dully balanced three column cash book.
Date posted: September 25, 2019. Answers (1)
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Outline five reasons that account for this.(Solved)
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Outline five reasons that account for this.
Date posted: September 25, 2019. Answers (1)
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b) Explain five causes of demand pull inflation
Date posted: September 25, 2019. Answers (1)
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Date posted: September 25, 2019. Answers (1)
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Record the following transactions in the relevant journals.
2019
Feb 2: Bought goods on Credit worth shs6500 from Eldolink suppliers
Feb 8: Sold goods worth shs5000 on credit to Jamal.
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Date posted: September 25, 2019. Answers (1)
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Date posted: September 25, 2019. Answers (1)