-Provides information on balances of cash
-shows the summary of payments made
-shows the summary of receipt made
-shows the summary of discounts received
-shows the summary of discount allowed
-Analyzing the cash flow.
Kavungya answered the question on April 3, 2019 at 12:39
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Record the following transactions in the relevant ledger accounts for the month of June, 2009
June 1: invested shs.100,000 cash in a retail business
June 2: Obtained...
(Solved)
Record the following transactions in the relevant ledger accounts for the month of June, 2009
June 1: invested shs.100,000 cash in a retail business
June 2: Obtained a co-operative loan of Shs.20,000 cash
June 3: bought furniture Shs. 70,000, paying Shs.40,000 cheque and the balance in cash
Date posted:
April 3, 2019
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Answers (1)
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Identify the situation in which the following types of ledgers are appropriate:
i) Creditors ledger
ii) Private ledgers
iii) Normal ledger
(Solved)
Identify the situation in which the following types of ledgers are appropriate:
i) Creditors ledger
ii) Private ledgers
iii) Normal ledger
Date posted:
April 3, 2019
.
Answers (1)
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Indicate the balance sheet items which would be affected by the following transactions
(a) Purchase of a lawn mower by cheque
(b) Sale of goods on credit...
(Solved)
Indicate the balance sheet items which would be affected by the following transactions
(a) Purchase of a lawn mower by cheque
(b) Sale of goods on credit to Mwangi
(c) A debtor pays by cash
(d) The owner converted his personal car into a business asset
Date posted:
April 3, 2019
.
Answers (1)
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Account for the difference between the gross National Income figures between Kenya
and Uganda
(Solved)
Account for the difference between the gross National Income figures between Kenya
and Uganda
Date posted:
April 3, 2019
.
Answers (1)
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Outline four factors used to determine the distribution of Omo, as a common household detergent
in Kenya
(Solved)
Outline four factors used to determine the distribution of Omo, as a common household detergent
in Kenya
Date posted:
April 3, 2019
.
Answers (1)
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Give four ways in which a firm may achieve marketing economies of scale
(Solved)
Give four ways in which a firm may achieve marketing economies of scale
Date posted:
April 3, 2019
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Answers (1)
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Highlight four measures the government may take to promote delocalization in the country
(Solved)
Highlight four measures the government may take to promote delocalization in the country
Date posted:
April 3, 2019
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Answers (1)
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State four causes of abnormal demand
(Solved)
State four causes of abnormal demand
Date posted:
April 3, 2019
.
Answers (1)
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A private warehouse owner insured his warehouse valued at Kshs.400, 000 for Kshs600, 000
against risk of fire. The warehouse was later destroyed completely by fire...
(Solved)
A private warehouse owner insured his warehouse valued at Kshs.400, 000 for Kshs600, 000
against risk of fire. The warehouse was later destroyed completely by fire including goods worth
shs 100,000.
Required:
i) Determine the amount of compensation paid by the insurance company
ii) Give a reason for your answer in (i) above
Date posted:
April 3, 2019
.
Answers (1)
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State four reasons why few Kenyan take out life assurance policy
(Solved)
State four reasons why few Kenyan take out life assurance policy
Date posted:
April 3, 2019
.
Answers (1)
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State four advantages of warehousing to a retailer
(Solved)
State four advantages of warehousing to a retailer
Date posted:
April 3, 2019
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Answers (1)
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Outline four circumstances that would hinder a warehouse from functioning effectively
(Solved)
Outline four circumstances that would hinder a warehouse from functioning effectively.
Date posted:
April 3, 2019
.
Answers (1)
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The following are special delivery services provided by the post office:-post rest ante,
speed post, business reply service, express delivery. Match each description with the term
a)...
(Solved)
The following are special delivery services provided by the post office:-post rest ante,
speed post, business reply service, express delivery. Match each description with the term
a) The arrangements to deliver the mail starts at the sender’s post office
b) The arrangement to deliver the mail starts at the addressees post office
c) Services offered to travelers who wish to receive correspondence while away from home
d) Service that relieves the customer of postage expenses
Date posted:
April 3, 2019
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Answers (1)
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Bucket ltd is an international pharmaceutical company. Under what circumstances can the firm
send its products to customers by air transport?
(Solved)
Bucket ltd is an international pharmaceutical company. Under what circumstances can the firm
send its products to customers by air transport?
Date posted:
April 3, 2019
.
Answers (1)
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Outline four differences between liners and tramps as in sea transport
(Solved)
Outline four differences between liners and tramps as in sea transport
Date posted:
April 3, 2019
.
Answers (1)
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G4S Limited Company offer courier services to provide safe transportation services.
Highlight four other services offered by G4S Limited
(Solved)
G4S Limited Company offer courier services to provide safe transportation services.
Highlight four other services offered by G4S Limited
Date posted:
April 3, 2019
.
Answers (1)
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Outline three features of tramps that distinguish them from other sea transporters
(Solved)
Outline three features of tramps that distinguish them from other sea transporters
Date posted:
April 3, 2019
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Answers (1)
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State four circumstances that make rail transport more desirable than road
(Solved)
State four circumstances that make rail transport more desirable than road
Date posted:
April 3, 2019
.
Answers (1)
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State four reasons why some local authorities in Kenya find it difficult to provide public utilities
(Solved)
State four reasons why some local authorities in Kenya find it difficult to provide public utilities
Date posted:
April 3, 2019
.
Answers (1)
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State four reasons why some local authorities in Kenya find it difficult to provide public utility
(Solved)
State four reasons why some local authorities in Kenya find it difficult to provide public utility
Date posted:
April 3, 2019
.
Answers (1)