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.Enables the holder to get goods and services from specified sellers without paying immediately
-convenient to carry around
-Enables the holder to get money from specified banks
-Increases credit rating of an individual.
- Its safe to carry the card around than to carry cash
-Some cards are internationally acceptable
john3 answered the question on October 1, 2017 at 14:19
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Identify the type of error described below.
Description Type
i) Credit purchase of sh.78,000 was recorded as sh.
87,000 in both purchases and creditors accounts.
ii) Sale of goods on credit to Ntari sh. 18,000 was
debited in Ntati’s account
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Date posted: October 1, 2017. Answers (1)
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Description Type
i) Arises when people are physically
challenged
ii) Arises out of mismatch between
the skills possessed by potential
employees and the job
opportunities available
iii) Caused by alternating trade
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over the years
iv) Arises when there is change in
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Date posted: October 1, 2017. Answers (1)
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Identify the insurance terms described below.
Description Term
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policy to another person
ii) Insuring same subject for the
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iii) Regular payments for insurance
cover
iv) Refund received on cancellation
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Date posted: October 1, 2017. Answers (1)
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Date posted: October 1, 2017. Answers (1)
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Date posted: October 1, 2017. Answers (1)
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Date posted: October 1, 2017. Answers (1)
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State the term that is used for each of the following statements
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space for locals to borrow from
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Date posted: October 1, 2017. Answers (1)
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In the spaces below indicate the source documents that correspond to the books of original entry
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c. Return Inwards Journal
d. Purchase Returns Journal.
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Date posted: October 1, 2017. Answers (1)
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Date posted: October 1, 2017. Answers (1)
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Date posted: October 1, 2017. Answers (1)
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Date posted: October 1, 2017. Answers (1)
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(b) Periodic...(Solved)
The following descriptions relate to insurance . State the term used for each description
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Date posted: October 1, 2017. Answers (1)
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Date posted: October 1, 2017. Answers (1)
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boda(Solved)
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