- The product (a good or service offered for sale)
- Existence of buyers and sellers
- A place (a specific location)
- Interaction between buyers and sellers (exchange of goods or services for money)
gideon1 answered the question on October 1, 2017 at 15:17
- List the source documents that relate to the following statements: Statement---Source document (a) The seller received sh. 10,000 cash from the buyer in settlement of a debt(Solved)
List the source documents that relate to the following statements
Statement-----------Source document
a) The seller received sh. 10,000 cash
from the buyer in settlement of a debt
b) The supplier demanded for payment
of sh. 20, 000 for goods delivered
c) The buyer returned damaged goods
worth shs. 5000 to the seller
d) The petty cashier paid Shs. 200 for travelling expense
Date posted: October 1, 2017. Answers (1)
- Kenya vision 2030 is currently in the implementation stage. Give four challenges that are likely to
be experienced.(Solved)
Kenya vision 2030 is currently in the implementation stage. Give four challenges that are likely to
be experienced.
Date posted: October 1, 2017. Answers (1)
- State five circumstances under which credit sale may be appropriate to a trader.(Solved)
State five circumstances under which credit sale may be appropriate to a trader.
Date posted: October 1, 2017. Answers (1)
- Outline five macro-environment factors that affects operations of a business(Solved)
Outline five macro-environment factors that affects operations of a business
Date posted: October 1, 2017. Answers (1)
- Identify four trends in international trade(Solved)
Identify four trends in international trade
Date posted: October 1, 2017. Answers (1)
- Classify the following taxes as either direct or indirect (a) Personal income (b) Custom income (c) Capital gain (d) Sales tax(Solved)
Classify the following taxes as either direct or indirect
a) Personal income
b) Custom income
c) Capital gain
d) Sales tax
Date posted: October 1, 2017. Answers (1)
- Outline the four likely channels of distributing agricultural products.(Solved)
Outline the four likely channels of distributing agricultural products.
Date posted: October 1, 2017. Answers (1)
- State whether each of the following resource is renewable or non-renewable Resource Classification (a) Hydro-electric power (b) Iron (c) Rubber (d) Coal.(Solved)
State whether each of the following resource is renewable or non-renewable
Resource Classification
a) Hydro-electric power
b) Iron
c) Rubber
d) Coal.
Date posted: October 1, 2017. Answers (1)
- State the meaning of the following terms as used in transport (a) Charter party (b) Full container load (c) Voyage charter(Solved)
State the meaning of the following terms as used in transport
a) Charter party
b) Full container load
c) Voyage charter
Date posted: October 1, 2017. Answers (1)
- Give the uses of the following office equipment (i) Equipment Use (a) Stapler (b) Paper shredder (c) Computer (d) Franking machine(Solved)
Give the uses of the following office equipment
(i) Equipment Use
a) Stapler
b) Paper shredder
c) Computer
d) Franking machine
Date posted: October 1, 2017. Answers (1)
- State four importances of entrepreneurship.(Solved)
State four importances of entrepreneurship.
Date posted: October 1, 2017. Answers (1)
- Business studies is a wide subject that covers several disciplines. Outline four such disciplines.(Solved)
Business studies is a wide subject that covers several disciplines. Outline four such disciplines.
Date posted: October 1, 2017. Answers (1)
- State five reasons why communication may not be effective.(Solved)
State five reasons why communication may not be effective.
Date posted: October 1, 2017. Answers (1)
- State four types of expenditure that are included in measuring national income using expenditure
approach.(Solved)
State four types of expenditure that are included in measuring national income using expenditure
approach.
Date posted: October 1, 2017. Answers (1)
- Kenya is planning to extend her pipeline transport. State four advantages of pipeline transport
to the country.(Solved)
Kenya is planning to extend her pipeline transport. State four advantages of pipeline transport
to the country.
Date posted: October 1, 2017. Answers (1)
- Outline four advantages of using celebrities in product promotion.(Solved)
Outline four advantages of using celebrities in product promotion.
Date posted: October 1, 2017. Answers (1)
- Outline three leakages in a circular flow of income.(Solved)
Outline three leakages in a circular flow of income.
Date posted: October 1, 2017. Answers (1)
- Identify the book of original entry in which the following transactions can be recorded.
Transaction Book of Original Entry
Paid salaries by cheque
returned goods to a supplier
Sold...(Solved)
Identify the book of original entry in which the following transactions can be recorded.
Transaction Book of Original Entry
Paid salaries by cheque
returned goods to a supplier
Sold goods on credit
Bought delivery van on credit
Date posted: October 1, 2017. Answers (1)
- Highlight four duties of commercial attaches in trade promotion.(Solved)
Highlight four duties of commercial attaches in trade promotion.
Date posted: October 1, 2017. Answers (1)
- Highlight four advantages of indirect tax.(Solved)
Highlight four advantages of indirect tax.
Date posted: October 1, 2017. Answers (1)