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Mr. Omanda started a business in January 2000 with cash in hand 100,000. The following
transactions took place during the year:-
January: Bought stock by cash Kshs.20,000
February:...
(Solved)
Mr. Omanda started a business in January 2000 with cash in hand 100,000. The following
transactions took place during the year:-
January: Bought stock by cash Kshs.20,000
February: Sold goods on credit Kshs.30,000
March: Opened a bank account by banking cash Kshs.60,000
April: A debtor returned goods worth shs.5,000
May: Bought goods Kshs.70,000 on credit
June: The owner took cash Shs.10,000 to pay his children school fees
Extract a trial balance.
Date posted:
April 4, 2019
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Answers (1)
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A newly industrialized country with a population of 40 million people, had its national
income estimates during the year 2009 as follows:
...
(Solved)
A newly industrialized country with a population of 40 million people, had its national
income estimates during the year 2009 as follows:
Value in Kshs (million)
Exports 250000
Consumption expenditure 624000
Investment 300000
Government spending 416000
Imports 210000
Depreciation 10000
Net indirect taxes 50000
Required:
(i) Calculate the GNP per capital of the country
ii) Outline limitations of using GNP pr capita in measuring the standard of living of accounts
Date posted:
April 4, 2019
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Answers (1)
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By use of a diagram, explain how price and output are determined in a collusive oligopoly
(centralized cartel) market situation
(Solved)
By use of a diagram, explain how price and output are determined in a collusive oligopoly
(centralized cartel) market situation
Date posted:
April 4, 2019
.
Answers (1)
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A manufacturer exhibited his goods in a local trade fair. However, his sales didn’t increase
significantly thereafter. Outline five reasons that may have led to lack...
(Solved)
A manufacturer exhibited his goods in a local trade fair. However, his sales didn’t increase
significantly thereafter. Outline five reasons that may have led to lack of significant sales
increase
Date posted:
April 4, 2019
.
Answers (1)
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Jogoo business enterprise has been using salesmen to market their products. Highlight
five benefits of this strategy to the company
(Solved)
Jogoo business enterprise has been using salesmen to market their products. Highlight
five benefits of this strategy to the company
Date posted:
April 4, 2019
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Answers (1)
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Highlight five circumstances under which persuasive advertising may be used
(Solved)
Highlight five circumstances under which persuasive advertising may be used
Date posted:
April 4, 2019
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Answers (1)
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Highlight five benefits that a firm gets from the use of customers care services as part
of its operation
(Solved)
Highlight five benefits that a firm gets from the use of customers care services as part
of its operation
Date posted:
April 4, 2019
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Answers (1)
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Your father wants to insure his life with British American Insurance Company. As a Business
Studies student, explain to him five benefits of life assurance
(Solved)
Your father wants to insure his life with British American Insurance Company. As a Business
Studies student, explain to him five benefits of life assurance
Date posted:
April 4, 2019
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Answers (1)
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Outline five disadvantages of sirens as a form of communication that is popular with
ambulances and the police
(Solved)
Outline five disadvantages of sirens as a form of communication that is popular with
ambulances and the police
Date posted:
April 4, 2019
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Answers (1)
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Describe the procedure that a shareholder would follow in selling share through the stock
exchange.
(Solved)
Describe the procedure that a shareholder would follow in selling share through the stock
exchange.
Date posted:
April 4, 2019
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Answers (1)
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Highlight four circumstances under which a country may be classified as underdeveloped
(Solved)
Highlight four circumstances under which a country may be classified as underdeveloped
Date posted:
April 4, 2019
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Answers (1)
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Highlight four characteristics of good development plan
(Solved)
Highlight four characteristics of good development plan
Date posted:
April 4, 2019
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Answers (1)
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Highlight four factor that may hinder the success of East African Co-operation (E.A.C)
(Solved)
Highlight four factor that may hinder the success of East African Co-operation (E.A.C)
Date posted:
April 4, 2019
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Answers (1)
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A country’s domestic currency has been depreciating over time. Highlight five disadvantages of this to the country
(Solved)
A country’s domestic currency has been depreciating over time. Highlight five disadvantages of this to the country.
Date posted:
April 4, 2019
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Answers (1)
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Differentiate between progressive and regressive taxation giving an example of each
(Solved)
Differentiate between progressive and regressive taxation giving an example of each
Date posted:
April 4, 2019
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Answers (1)
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Outline four short comings of a country borrowing heavily from internal and external sources
(Solved)
Outline four short comings of a country borrowing heavily from internal and external sources
Date posted:
April 4, 2019
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Answers (1)
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Mention four ways in which individuals can hold money
(Solved)
Mention four ways in which individuals can hold money
Date posted:
April 4, 2019
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Answers (1)
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E-banking is a method of banking through electronic systems. Give four reasons to account
for the rising popularity of this banking system
(Solved)
E-banking is a method of banking through electronic systems. Give four reasons to account
for the rising popularity of this banking system
Date posted:
April 4, 2019
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Answers (1)
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Identify the motive of holding money in each of the circumstances below:-
(a) Need to hold money to cater for future unforeseen eventualities
(b) Need to have...
(Solved)
Identify the motive of holding money in each of the circumstances below:-
(a) Need to hold money to cater for future unforeseen eventualities
(b) Need to have money to cater for daily expenses
(c) Need to have money with hope that prices will fall in future in order to purchase more
Date posted:
April 4, 2019
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Answers (1)
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Give four circumstances under which a trader would operate a fixed deposit account
(Solved)
Give four circumstances under which a trader would operate a fixed deposit account
Date posted:
April 4, 2019
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Answers (1)