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i) Preservation of data represented as there is no loss of information
ii) It is easy to construct
Kavungya answered the question on May 26, 2021 at 13:56
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Date posted: May 26, 2021. Answers (1)
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Date posted: May 26, 2021. Answers (1)
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Date posted: May 26, 2021. Answers (1)
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Date posted: May 26, 2021. Answers (1)
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Kimani and Otieno have been trading in partnership since 1 January 2010. The partners' capital account balances as at 1 Jan 2010 were sh 4,500,000 and sh 3,600,000 respectively.
Date posted: May 26, 2021. Answers (1)
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The consumer price indices of a certain country for the years 2008 and 2010, using the year 2000 as the base year were 120 and 128 respectively.
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Date posted: May 26, 2021. Answers (1)
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Date posted: May 26, 2021. Answers (1)
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An estate agent receives commission on the sale of property as follows:
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Required.
The sale price of the property where the agent receives a total commission of sh 391,000.
Date posted: May 26, 2021. Answers (1)
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Distinguish between a trade discount and a cash discount.
Date posted: May 26, 2021. Answers (1)
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Vincent Yeri purchased 900 oranges at a price of 50 for every 60 oranges. His family consumed 50 of the oranges and 22 oranges were rotten. He later sold the oranges in dozens.
Required.
The selling price per dozen if he wished to make a total profit of 285.
Date posted: May 26, 2021. Answers (1)
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Joseph Ndumbu, a sales representative, earns a basic monthly salary of 75,000 plus a commission of 5% on sales in excess of sh 200,000. During the month of march 2014, he sold goods worth sh 480,800. He was also reliable to statutory deductions of 320 NHIF, 400 NSSF, 19,700 loan repayments and 7,500 for mid month salary advance.
Ignore taxes.
Required.
Net pay for Joseph Ndumbu for the month of March 2014.
Date posted: May 26, 2021. Answers (1)
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Date posted: May 26, 2021. Answers (1)
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