-Quantity Discounts
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sharon kalunda answered the question on February 23, 2019 at 09:43
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On 1 March, 2001, mingy traders had Ksh. 13,200 in cash and bank balances of Sh56, 000. Thefollowing transaction took place during the month.2001 2 Cash...
(Solved)
On 1 March, 2001, mingy traders had Ksh. 13,200 in cash and bank balances of Sh56, 000.The
following transaction took place during the month.
2001 2 Cash sales sh. 12,000
12 paid a creditor sh. 8,200
27 received a cheque for sh. 4,500 from debtors
31 paid rent 7,500 in cash
Record the above information in a two column cash book and balance it off.
Date posted:
February 23, 2019
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Answers (1)
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List the uses of two column cash book
(Solved)
List the uses of two column cash book.
Date posted:
February 23, 2019
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What is cashbook?
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What is cashbook?
Date posted:
February 23, 2019
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List some Limitations of a trial balance.
Date posted:
February 23, 2019
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Answers (1)
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Define a trial balance.
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Define a trial balance.
Date posted:
February 23, 2019
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Answers (1)
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The following table contains information relating to a business A, B, C, and D. Determine the figures represented by W, X and Y.
(Solved)
The following table contains information relating to a business A, B, C, and D. Determine the figures represented by W, X and Y.

Date posted:
February 23, 2019
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Answers (1)
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(Solved)
State FIVE characteristics of a liability.
Date posted:
February 23, 2019
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Define Liabilities.
Date posted:
February 23, 2019
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What are the current assets?
Date posted:
February 22, 2019
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Explain what is meant by the term fixed assets.
(Solved)
Explain what is meant by the term fixed assets.
Date posted:
February 22, 2019
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(Solved)
state and explain Types of exchange rates.
Date posted:
February 22, 2019
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(Solved)
List and explain methods of trade restriction.
Date posted:
February 22, 2019
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List the international financial institutions and describe their functions/objectives.
Date posted:
February 20, 2019
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In the spaces provided, indicate with a (x) whether each of the following transactions will increase, decrease or have no effect in the balance sheet.
(Solved)

Date posted:
February 19, 2019
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List the documents used in international trade,giving the meaning and the purpose/importance of each.
(Solved)
List the documents used in international trade,giving the meaning and the purpose/importance of each.
Date posted:
February 19, 2019
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State and explain the common terms of sale in international trade.
(Solved)
State and explain the common terms of sale in international trade.
Date posted:
February 19, 2019
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What is meant by the term terms of sale in international trade?
(Solved)
What is meant by the term terms of sale in international trade?
Date posted:
February 19, 2019
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Answers (1)
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Explain how devaluation helps in correcting the balance of payments disequilibrium?.
(Solved)
Explain how devaluation helps in correcting the balance of payments disequilibrium?.
Date posted:
February 19, 2019
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Answers (1)
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How does encouraging foreign investors into the country help in correcting the balance of payments disequilibrium?.
(Solved)
How does encouraging foreign investors into the country help in correcting the balance of payments disequilibrium?.
Date posted:
February 19, 2019
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List FOUR measures which can be taken to correct balance of payment disequilibrium.
(Solved)
List FOUR measures which can be taken to correct balance of payment disequilibrium.
Date posted:
February 19, 2019
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Answers (1)