For each of the following transactions indicate in the appropriate columns the source documents and the books of original entry in which the transactions should...

For each of the following transactions indicate in the appropriate columns the source documents and the books of original entry in which the transactions should be recorded.

---

-Source document -Book of original entry
-Invoice - Purchases returns journal
-Invoice -Purchases journal

---

Kavungya answered the question on September 25, 2019 at 08:19

Exams With Marking Schemes

• Grade 1
• Grade 2
• Grade 3
• Grade 4
• Grade 5
• Grade 6
• Grade 7
• Grade 8
• Grade 9
• PP1
• PP2
• Playgroup
• Form 1
• Form 2
• Form 3
• Form 4

Related Questions

---

• Complete the table below (Solved)
  

  Complete the table below
  

  Date posted: September 25, 2019 .    Answers (1)

• Highlight four difficulties encountered in international trade (Solved)
  

  Highlight four difficulties encountered in international trade

  Date posted: September 25, 2019 .    Answers (1)

• The following information relates to Alex traders .Determine the missing figures (Solved)
  

  The following information relates to Alex traders .Determine the missing figures
  

  Date posted: September 25, 2019 .    Answers (1)

• Outline four advantages of partitioned office layout. (Solved)
  

  Outline four advantages of partitioned office layout.

  Date posted: September 25, 2019 .    Answers (1)

• State four reasons why the government imposes taxes. (Solved)
  

  State four reasons why the government imposes taxes.

  Date posted: September 25, 2019 .    Answers (1)

• Highlight four reasons why a country would rely more on primary level of production. (Solved)
  

  Highlight four reasons why a country would rely more on primary level of production.

  Date posted: September 25, 2019 .    Answers (1)

• Juma Munyacia sells all his goods at 25% above cost. His books gave the following information as at 31^st December 2004. Stock 1^st January 2004 ... (Solved)
  

  Juma Munyacia sells all his goods at 25% above cost. His books gave the following information
  as at 31^st December 2004.
  Stock 1^st January 2004 98,720
  Stock 31^st December 2004 126,000
  Sales for the year 600,000
  Calculate the profit made by Munyalia

  Date posted: September 25, 2019 .    Answers (1)

• State four benefits that people from your area may receive from business enterprise (Solved)
  

  State four benefits that people from your area may receive from business enterprise

  Date posted: September 25, 2019 .    Answers (1)

• Give four reasons for popularity of consumer parcel service. (Solved)
  

  Give four reasons for popularity of consumer parcel service.

  Date posted: September 25, 2019 .    Answers (1)

• Highlight four factors that determine the size of a firm. (Solved)
  

  Highlight four factors that determine the size of a firm.

  Date posted: September 25, 2019 .    Answers (1)

• Highlight four factors that may be considered by an insurance firm before determining Premiums to be charged for life assurance policy. (Solved)
  

  Highlight four factors that may be considered by an insurance firm before determining Premiums to be charged for life assurance policy.

  Date posted: September 25, 2019 .    Answers (1)

• The following correspondence has been received in the mail room, state the department to which each correspondence would be sent. (Solved)
  

  The following correspondence has been received in the mail room, state the department to which each correspondence would be sent.
  

  Date posted: September 25, 2019 .    Answers (1)

• Name the four ways through which consumers can be cheated in their dealings with traders. (Solved)
  

  Name the four ways through which consumers can be cheated in their dealings with traders.

  Date posted: September 25, 2019 .    Answers (1)

• Outline four differences between Savings account and Current account as provided by commercial banks. (Solved)
  

  Outline four differences between Savings account and Current account as provided by commercial banks.

  Date posted: September 25, 2019 .    Answers (1)

• The following information relates to Rokito traders for the year ended (Solved)
  

  The following information relates to Rokito traders for the year ended 31^st December 2011.
  Fixed Assets 5,000,000
  Current assets 650,000
  Net Profit 300,000
  Current Liabilities 650,000
  Sales 2,000,000
  Closing stock 100,000
  Opening Stock 200,000
  Gross Profit Margin was 20%
  Calculate
  (a)Current ratio
  (b)Gross profit mark-up
  (c)Rate of stock turnover
  (d)Capital employed

  Date posted: September 25, 2019 .    Answers (1)

• The document shown was issued by Jimcar traders to Mueni Outline four circumstances under which the above document may be issued. (Solved)
  

  The document shown was issued by Jimcar traders to Mueni
  
  Outline four circumstances under which the above document may be issued.

  Date posted: September 25, 2019 .    Answers (1)

• Write the following abbreviations in full. (i)G.D.P (ii)N.N.P (iii)G.N.P (iv)D.P.I (Solved)
  

  Write the following abbreviations in full.
  (i)G.D.P
  (ii)N.N.P
  (iii)G.N.P
  (iv)D.P.I

  Date posted: September 25, 2019 .    Answers (1)

• State the books of original entries in which the following documents are used. (a)Incoming Invoice (b)Incoming Receipt (c)Outgoing Credit Note (d)Outgoing Invoice (Solved)
  

  State the books of original entries in which the following documents are used.
  (a)Incoming Invoice
  (b)Incoming Receipt
  (c)Outgoing Credit Note
  (d)Outgoing Invoice

  Date posted: September 25, 2019 .    Answers (1)

• State the type of unemployment to which each of the following statements relate (Solved)
  

  State the type of unemployment to which each of the following statements relate
  

  Date posted: September 25, 2019 .    Answers (1)

• The diagram below shows a shift of the demand curve of a commodity Y from D_oD_o to D₁D₁. Outline four factors that may have caused the... (Solved)
  

  The diagram below shows a shift of the demand curve of a commodity Y from D_oD_o to D₁D₁.
  
  Outline four factors that may have caused the shift in the demand curve.

  Date posted: September 25, 2019 .    Answers (1)