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Challenges that a trader may encounter when using a mobile phone
a). May be damaging to the ears
b). Are relatively expensive to acquire
c). calls/messages may be tapped
d). Its use may be limited to where there is lack of network
e). May not be used under certain circumstances eg. Banking halls
f). May be stolen by thieves
g). Expensive to maintain
h). Requires constant charging
i).prone to misuse/ damage
j).difficult to operate
marto answered the question on October 11, 2019 at 07:59
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Date posted: October 11, 2019. Answers (1)
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The following balances were extracted from The books of Gaitu Traders for the month ended on 31st march 2005,
Prepare trial balance for Gaitu Traders as at 31st march 2005.
Date posted: October 11, 2019. Answers (1)
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Stock 1/1/2005 20,000
Stock 31/12/2005 15,000
Purchases 150,000
Mark...(Solved)
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Stock 1/1/2005 20,000
Stock 31/12/2005 15,000
Purchases 150,000
Mark up 20%
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Date posted: October 11, 2019. Answers (1)
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Date posted: October 11, 2019. Answers (1)
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a)Purchase journal
b)Cash payment journal
c)Purchase returns journal
d)Sales returns journal(Solved)
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a)Purchase journal
b)Cash payment journal
c)Purchase returns journal
d)Sales returns journal
Date posted: October 11, 2019. Answers (1)
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Date posted: October 11, 2019. Answers (1)
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Stock on 31st December 2010 was sh. 20,000
Prepare a...(Solved)
The following trial balance was extracted from the books of Kwale Traders on 31st December 2010.
Stock on 31st December 2010 was sh. 20,000
Prepare a trading, profit and loss A/C for the Year ended 31st December, 2010.
Date posted: October 9, 2019. Answers (1)
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2014
January 2: Deposited sh. 200,000 cash in the bank
5: She bought stock in...(Solved)
Joy traders started business with sh 400,000 in cash on 1/1/2014.
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
i)Enter the above transactions in Joy Traders ledger accounts.
ii)Balance the ledger accounts and extract a trial balance as at 9th January 2014.
Date posted: October 9, 2019. Answers (1)
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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
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Required:
Prepare the balance sheet of J.M after the above transactions as at 31st July 2013.
Date posted: October 9, 2019. Answers (1)
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Date posted: October 8, 2019. Answers (1)