i)Cash sale slip
ii)Cash voucher
iii)Invoice
iv)Credit note
Kavungya answered the question on October 7, 2019 at 08:33
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Date posted: October 4, 2019. Answers (1)
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Date posted: October 4, 2019. Answers (1)
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Invoices issued
2010 Jan 2: Mwiti Traders kshs...(Solved)
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Invoices issued
2010 Jan 2: Mwiti Traders kshs 50,000
Jan 5: Mutahi Traders ksh 150,000
Invoices received
2010 Jan 3: Solomon Traders kshs 80,000
4: Kanake Enterprises kshs 160,000
Required:
Record the above details in the appropriate subsidiary books.
Date posted: October 4, 2019. Answers (1)
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2011
July 1: Opening balances cash ksh 24,000, bank kshs 8000 (cr)
3: Paid...(Solved)
Enter the following transactions in the relevant ledger accounts.
2011
July 1: Opening balances cash ksh 24,000, bank kshs 8000 (cr)
3: Paid rent kshs 4,000 in cash
4: Bought goods worth ksh 8,000 and paid by cheque
5: Deposited ksh. 5,000 from the business into the bank
Date posted: October 4, 2019. Answers (1)
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2012
Jan 1: Started business with capital of sh20,000 cash and sh 50,000 at bank.
...(Solved)
Record the following transaction in a two column cash book.
2012
Jan 1: Started business with capital of sh20,000 cash and sh 50,000 at bank.
2: Bought stock in cash sh 120,000
3: Cash sales sh 5,000
7: Bought stock worth sh 10,000 on credit.
12: Withdrew cash from bank for office use sh.8,000.
15: Paid rent by cheque shs 6000.
20: Received shs 4000 by cheque from a debtor.
Date posted: October 4, 2019. Answers (1)
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Required:
Calculate (i) Capital owned
(ii) Borrowed capital
(iii) Working capital
(iv) Capital employed (Solved)
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Required:
Calculate (i) Capital owned
(ii) Borrowed capital
(iii) Working capital
(iv) Capital employed
Date posted: October 4, 2019. Answers (1)
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a.Transport goods from producers to consumers
b.Activities carried out with a view of making profit.
c.A person...(Solved)
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b.Activities carried out with a view of making profit.
c.A person who uses a good or service.
d.Increasing the usefulness of a good or services
Date posted: October 4, 2019. Answers (1)
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Calculate:
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Date posted: October 3, 2019. Answers (1)
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Date posted: October 3, 2019. Answers (1)