(i) Writing off bad debts.
(ii) Recording of issues.
(iii) To record sale of fixed assets on credit.
(iv) To record purchase of fixed assets on credit.
(v) Correction of errors.
(vi) Recording of opening entries.
(vii) Recording of closing entries.
maurice.mutuku answered the question on July 27, 2017 at 05:38
-
What factors influence on what goods/ services to produce?
(Solved)
Explain factors influencing on what goods/ services to produce.
Date posted:
July 27, 2017
.
Answers (1)
-
What factors should be considered when choosing a channel of distribution?
(Solved)
Explain factors to consider when choosing a channel of distribution.
Date posted:
July 26, 2017
.
Answers (1)
-
Under what circumstances may cash terms be used?
(Solved)
Give circumstances under which cash terms may be used.
Date posted:
July 26, 2017
.
Answers (1)
-
What are the differences between commercial banks and non-bank financial institutions?
(Solved)
List the differences between commercial banks and non-bank financial institutions.
Date posted:
July 26, 2017
.
Answers (1)
-
What are the limitations of using after-sale services as a method of promoting products?
(Solved)
List the limitations of using after-sale services as a method of promoting products.
Date posted:
July 26, 2017
.
Answers (1)
-
What are the functions of the Kenya Bureau of Standards?
(Solved)
List the functions of the Kenya Bureau of Standards.
Date posted:
July 26, 2017
.
Answers (1)
-
What are the features of oligopoly market structure?
(Solved)
Highlight the features of oligopoly market structure.
Date posted:
July 26, 2017
.
Answers (1)
-
What benefits may accrue from political stability in a country?
(Solved)
List the benefits that may accrue from political stability in a country.
Date posted:
July 26, 2017
.
Answers (1)
-
In what ways can the utility of a commodity be increased?
(Solved)
Highlight ways in which the utility of a commodity can be increased.
Date posted:
July 26, 2017
.
Answers (1)
-
What are the uses of a bill of lading in international trade?
(Solved)
List the uses of a bill of lading in international trade.
Date posted:
July 26, 2017
.
Answers (1)
-
What are the benefits of registering a company with the stock exchange market?
(Solved)
List the benefits of registering a company with the stock exchange market.
Date posted:
July 26, 2017
.
Answers (1)
-
What factors may cause the supply curve to shift to the left?
(Solved)
Give factors that may cause the supply curve to shift to the left.
Date posted:
July 26, 2017
.
Answers (1)
-
Under what circumstances is deferred payment acceptable to a trader?
(Solved)
List circumstances under which deferred payment is acceptable to a trader.
Date posted:
July 26, 2017
.
Answers (1)
-
What are the demerits of motorcycles/ Boda boda as a mode of transport?
(Solved)
Highlight the demerits of motorcycles/ Boda boda as a mode of transport.
Date posted:
July 26, 2017
.
Answers (1)
-
What makes a current account popular among the business people?
(Solved)
Give reasons that make a current account popular among the business people.
Date posted:
July 26, 2017
.
Answers (1)
-
What advantages does a consumer enjoy when he/ she buys directly from a manufacturer?
(Solved)
Give advantages a consumer enjoys when he/ she buys directly from a manufacturer.
Date posted:
July 26, 2017
.
Answers (1)
-
Why may a new business fail?
(Solved)
Give reasons why a new business may fail.
Date posted:
July 26, 2017
.
Answers (1)
-
In what ways do the Non-bank financial institutions contribute to economic development in Kenya?
(Solved)
Explain ways in which the Non-bank financial institutions contribute to economic development in Kenya.
Date posted:
July 25, 2017
.
Answers (1)
-
What are the roles of stock exchange market?
(Solved)
List the roles of stock exchange market.
Date posted:
July 25, 2017
.
Answers (1)
-
What are the types of wholesalers?
(Solved)
Describe the types of wholesalers.
Date posted:
July 25, 2017
.
Answers (1)