-If it is the government policy
-Where goods have not been prepared for sale
-Where there is poor infrastructural facilities
-Where the distance involved between them is vast
-If there are many middlemen
-Incase of many business risks
-Incase the products are not perishable
Kavungya answered the question on October 11, 2019 at 07:45
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Stock on 31st December 2010 was sh. 20,000
Prepare a...(Solved)
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Stock on 31st December 2010 was sh. 20,000
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2014
January 2: Deposited sh. 200,000 cash in the bank
5: She bought stock in...(Solved)
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2014
January 2: Deposited sh. 200,000 cash in the bank
5: She bought stock in cash sh 20,000
6: She took Sh. 10,000 cash to pay school fees for her son
7: She paid salaries, sh 40,000 by cheque
8: She sold goods for sh 40,000 cash
9: She paid salaries Sh 4000 by cheque.
Required
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The following transactions took place during the month.
a)The proprietor took...(Solved)
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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
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Required:
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