- Outline four measures that central bank of Kenya can use to mop out any excess liquidity in the country. (Solved)
Outline four measures that central bank of Kenya can use to mop out any excess liquidity in the country.
Date posted: October 9, 2019. Answers (1)
- Given below is the balance sheet of J.M traders as at 1st July, 2013
The following transactions took place during the month.
a)The proprietor took...(Solved)
Given below is the balance sheet of J.M traders as at 1st July, 2013
The following transactions took place during the month.
a)The proprietor took sugar, bread and sodas worth Sh. 750 for his son’s Birthday
b)Private car valued at Sh. 20,000 was given to the business
c)Drew a cheque worth Sh. 2,000 to pay creditors
Required:
Prepare the balance sheet of J.M after the above transactions as at 31st July 2013.
Date posted: October 9, 2019. Answers (1)
- Classify the following assets as either current or fixed. (Solved)
Classify the following assets as either current or fixed.
Date posted: October 9, 2019. Answers (1)
- Outline four ways in which students can prevent unemployment in the future after high school. (Solved)
Outline four ways in which students can prevent unemployment in the future after high school.
Date posted: October 9, 2019. Answers (1)
- Tick in the box given the correct representation of the following items considered in the measurement of national income. (Solved)
Tick in the box given the correct representation of the following items considered in the measurement of national income.
Date posted: October 9, 2019. Answers (1)
- Highlight four ways that a government can use to increase the demand of a commodity in the market. (Solved)
Highlight four ways that a government can use to increase the demand of a commodity in the market.
Date posted: October 8, 2019. Answers (1)
- Mutua and Mutio have taken life assurance policies. State four factors that would make them pay different premium amounts.(Solved)
Mutua and Mutio have taken life assurance policies. State four factors that would make them pay different premium amounts.
Date posted: October 8, 2019. Answers (1)
- Give four merits of verbal communication over written communication. (Solved)
Give four merits of verbal communication over written communication.
Date posted: October 8, 2019. Answers (1)
- Highlight four internal sources of capital available to a business. (Solved)
Highlight four internal sources of capital available to a business.
Date posted: October 8, 2019. Answers (1)
- Highlight four reasons why most businesses in Kenya operate on small scale basis. (Solved)
Highlight four reasons why most businesses in Kenya operate on small scale basis.
Date posted: October 8, 2019. Answers (1)
- Outline four circumstances that will make the consumers to buy products directly from the producers. (Solved)
Outline four circumstances that will make the consumers to buy products directly from the producers.
Date posted: October 8, 2019. Answers (1)
- State four filing systems that organizations can adopt. (Solved)
State four filing systems that organizations can adopt.
Date posted: October 8, 2019. Answers (1)
- State four factors that determine the rate of interest charged on borrowed capital. (Solved)
State four factors that determine the rate of interest charged on borrowed capital.
Date posted: October 8, 2019. Answers (1)
- List the ways in which insecurity negatively affects running of business activities.(Solved)
List the ways in which insecurity negatively affects running of business activities.
Date posted: October 7, 2019. Answers (1)
- State the limitations of oral communication.(Solved)
State the limitations of oral communication.
Date posted: October 7, 2019. Answers (1)
- The following account balances were obtained from the books of Zolo Traders on 30th June 2013
...(Solved)
The following account balances were obtained from the books of Zolo Traders on 30th June 2013
Kshs
Motor vehicle 240,000
Buildings 200,000
Current Liabilities 440,000
Current assets 420,000
Furniture 60,000
Capital 480,000
Required Prepare a trial balance for Zolo traders as at 30th June 2013
Date posted: October 7, 2019. Answers (1)
- Classify the following as either assets or liabilities.
i)Creditors
ii)Pre- paid insurance
iii)Rent owing
iv)Debtors(Solved)
Classify the following as either assets or liabilities.
i)Creditors
ii)Pre- paid insurance
iii)Rent owing
iv)Debtors
Date posted: October 7, 2019. Answers (1)
- State the ledger in which the following accounts are kept .
i)Drawing
ii)Return inwards
iii)Salary
iv)Patel tenders (Creditor)(Solved)
State the ledger in which the following accounts are kept .
i)Drawing
ii)Return inwards
iii)Salary
iv)Patel tenders (Creditor)
Date posted: October 7, 2019. Answers (1)
- The following information relates to kakamega Traders for the year ended 31st Dec 2014
Carriage on sales ...(Solved)
The following information relates to kakamega Traders for the year ended 31st Dec 2014
Carriage on sales 16000
Gross profit b/d 60000
Dividend received 10000
Insurance 8000
General expenses 6000
Required
Prepare the profit and loss account of Kakamega Traders for the year ended 31st Dec 2014
Date posted: October 7, 2019. Answers (1)
- Name the source document to which each of the following descriptions relate
i) Issued by seller to a buyer for cash paid
ii)Used for processing and authorizing...(Solved)
Name the source document to which each of the following descriptions relate
i) Issued by seller to a buyer for cash paid
ii)Used for processing and authorizing payment
iii)Sent to a credit buyer to demand payment
iv)Used to correct overcharge
Date posted: October 7, 2019. Answers (1)