- The drawer – the account holder who drafts the cheque
- The drawee- The bank that is to make payment.
- The payee – The named person who is to receive payments
sharon kalunda answered the question on March 5, 2019 at 11:48
-
Outline any four features of a fixed deposit account.
(Solved)
Outline any four features of a fixed deposit account.
Date posted:
March 4, 2019
.
Answers (1)
-
Give any four benefits that you may reap as a consumer from an advertising campaign.
(Solved)
Give any four benefits that you may reap as a consumer from an advertising campaign.
Date posted:
March 4, 2019
.
Answers (1)
-
Explain any five types of wholesalers who may be found in our country today.
(Solved)
Explain any five types of wholesalers who may be found in our country today.
Date posted:
March 4, 2019
.
Answers (1)
-
Discuss circumstances under which a wholesaler may be eliminated from the chain
of distribution.
(Solved)
Discuss circumstances under which a wholesaler may be eliminated from the chain
of distribution.
Date posted:
March 4, 2019
.
Answers (1)
-
Explain the essentials of a good warehouse.
(Solved)
Explain the essentials of a good warehouse.
Date posted:
March 4, 2019
.
Answers (1)
-
State any four advantages of a wholesaler to a consumer
(Solved)
State any four advantages of a wholesaler to a consumer
Date posted:
March 4, 2019
.
Answers (1)
-
Why would an exporter prefer to use container services as a method of transport?
(Solved)
Why would an exporter prefer to use container services as a method of transport?
Date posted:
March 4, 2019
.
Answers (1)
-
State any four after sales services business firm selling electronic goods sets can offer to the customers
(Solved)
State any four after sales services business firm selling electronic goods sets can offer to the customers
Date posted:
March 4, 2019
.
Answers (1)
-
Give four reasons why the budget is an important government tool of control to the economy
(Solved)
Give four reasons why the budget is an important government tool of control to the economy
Date posted:
March 4, 2019
.
Answers (1)
-
Differentiate between Balance of trade and Balance of payments
(Solved)
Differentiate between Balance of trade and Balance of payments
Date posted:
March 4, 2019
.
Answers (1)
-
List four methods used by the central bank of Kenya in credit control
(Solved)
List four methods used by the central bank of Kenya in credit control
Date posted:
March 4, 2019
.
Answers (1)
-
Name four characteristics that should be posed by goods in order for them to be described
as wealth.
(Solved)
Name four characteristics that should be posed by goods in order for them to be described
as wealth.
Date posted:
March 4, 2019
.
Answers (1)
-
Explain five diseconomies that may be suffered by firms due to large scale production.
(Solved)
Explain five diseconomies that may be suffered by firms due to large scale production.
Date posted:
March 4, 2019
.
Answers (1)
-
The following information was extracted from the books of a trader :
Creditors ...
(Solved)
The following information was extracted from the books of a trader :
Creditors sh 60,000
Cash at bank 20,000
Debtors 40,000
Stock 70,000
Calculate :
(i) Current ratio
(ii) Quick ratio
Date posted:
March 4, 2019
.
Answers (1)
-
The following information relates to demand and supply schedule for good.Price per unit (Kshs.) Quantity demanded ...
(Solved)
The following information relates to demand and supply schedule for good.
Price per unit (Kshs.)--Quantity demanded---Quantity supplied.
70---------------100-----------------------1000
60-----------500-------------800
50-----------500-------------400
30----------800------------400
20----------900------------300
10---------1000-----------100
i) On the graph paper provided, draw the demand and supply curve on the same graph
and determine equilibrium price and quantity.
ii) What would happen if the price of good X was increased from shs. 50 to shs. 70.
Explain.
iii) What would happen if the price of good X was decreased from shs. 50 to shs. 10.
Explain.
Date posted:
March 4, 2019
.
Answers (1)
-
With the aid of a tree diagram, show the main divisions of trade.
(Solved)
With the aid of a tree diagram, show the main divisions of trade.
Date posted:
March 4, 2019
.
Answers (1)
-
From the following trial balance of S. Thompson, you are asked to draw up an income statement for the year ended 31st March 20x2 and a balance sheet as at that date
(Solved)
From the following trial balance of S. Thompson, you are asked to draw up an income statement for the year ended 31st March 20x2 and a balance sheet as at that date.
Date posted:
March 2, 2019
.
Answers (1)
-
Using the book keeping equation, indicate the correct figure in the empty spaces provided.
(Solved)
Using the book keeping equation, indicate the correct figure in the empty spaces provided.
Date posted:
March 2, 2019
.
Answers (1)
-
List down four machines used in the mail nom and their use.
(Solved)
List down four machines used in the mail nom and their use.
Date posted:
March 2, 2019
.
Answers (1)
-
Indicate the account in which the following entries as made.
(Solved)
Indicate the account in which the following entries as made.
Date posted:
March 2, 2019
.
Answers (1)