(a)
-Stock increases
-Bank decreases
(b)
-Creditors decreases
-Cash decrease
(c)
-Loan increase
-Bank/Cash increase
(d)
-Capital decrease
-Cash decrease
Wilfykil answered the question on October 3, 2019 at 12:02
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State the expenses that are incurred in the process of distributing goods
(Solved)
State the expenses that are incurred in the process of distributing goods
Date posted:
October 3, 2019
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Answers (1)
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State reasons as to why firms work hard to grow
(Solved)
State reasons as to why firms work hard to grow
Date posted:
October 3, 2019
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Answers (1)
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Outline the measures that should be taken to ensure smooth functioning of the warehouse
(Solved)
Outline the measures that should be taken to ensure smooth functioning of the warehouse
Date posted:
October 3, 2019
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Answers (1)
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Highlight the causes of breakdown in communication
(Solved)
Highlight the causes of breakdown in communication
Date posted:
October 3, 2019
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Answers (1)
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List the benefits that a subsistence producer may get by participating in the exchange of goods
(Solved)
List the benefits that a subsistence producer may get by participating in the exchange of goods
Date posted:
October 3, 2019
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Answers (1)
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State the importance of considering each of the following factors when making choices to satisfy human wants.
(Solved)
State the importance of considering each of the following factors when making choices to satisfy human wants.
a) Scarcity
b) Opportunity cost
Date posted:
October 3, 2019
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Answers (1)
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State the objectives of a business
(Solved)
State the objectives of a business
Date posted:
October 3, 2019
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Answers (1)
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Business studies are a wide subject that covers several disciplines. Outline those five disciplines.
(Solved)
Business studies are a wide subject that covers several disciplines. Outline those five disciplines.
Date posted:
October 1, 2019
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Answers (1)
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Fill in the blank spaces below.
(Solved)
Fill in the blank spaces below.
Date posted:
October 1, 2019
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Answers (1)
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State the following abbreviations in full
(i)GDP
(ii)GNP
(iii)NDP
(iv)NNP
(Solved)
State the following abbreviations in full
(i)GDP
(ii)GNP
(iii)NDP
(iv)NNP
Date posted:
October 1, 2019
.
Answers (1)
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Mention whether the following transactions have an increase, decrease or no effect on the assets, capital and liabilities of a business
(Solved)
Mention whether the following transactions have an increase, decrease or no effect on the assets, capital and liabilities of a business
Date posted:
October 1, 2019
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Answers (1)
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Kiburu carried out the following transactions during the month of February 2015.
(Solved)
Kiburu carried out the following transactions during the month of February 2015.
February 1: Started business by depositing sh 220,000 in business bank account
7: Bought goods on credit from Miyogo Sh 72,000
8: Paid rent by cheque Sh 20,000
16: Sold goods to Kamula on credit Sh 50,000.
Required: Post the above transaction in the relevant ledge accounts
Date posted:
October 1, 2019
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Answers (1)
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The following information was extracted from the books of Dawida businesses enterprise for the year ended 30th June 2000
(Solved)
The following information was extracted from the books of Dawida businesses enterprise for the year ended 30th June 2000
Determine the additional capital during the year.
Date posted:
October 1, 2019
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Answers (1)
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State four functions of retailers to consumers.
(Solved)
State four functions of retailers to consumers.
Date posted:
October 1, 2019
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Answers (1)
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Classify the following staff as subordinate, junior or management
(Solved)
Classify the following staff as subordinate, junior or management
Date posted:
October 1, 2019
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Answers (1)
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Using examples, distinguish between man-made resources and human resources.
(Solved)
Using examples, distinguish between man-made resources and human resources.
Date posted:
October 1, 2019
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Answers (1)
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State whether each of the following factors fall under macro-environment or micro-environment.
(i) Competitive environment –
(ii) Legal-political environment –
(iii) Business structure –
(iv) Business culture –
(Solved)
State whether each of the following factors fall under macro-environment or micro-environment.
(i) Competitive environment –
(ii) Legal-political environment –
(iii) Business structure –
(iv) Business culture –
Date posted:
October 1, 2019
.
Answers (1)
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State the term given to each of the following statements:-
(a) Activities carried out with view of making profit –
(b) Increasing the usefulness of a good...
(Solved)
State the term given to each of the following statements:-
(a) Activities carried out with view of making profit –
(b) Increasing the usefulness of a good or services. –
(c) Movement of goods from producer to consumer
Date posted:
October 1, 2019
.
Answers (1)
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Muinamo started a business on 1st March 2012 with a capital of 240,000 consisting of Sh. 130,00 in bank, Sh. 50,000 in cash and furniture...
(Solved)
Muinamo started a business on 1st March 2012 with a capital of 240,000 consisting of Sh. 130,00 in bank, Sh. 50,000 in cash and furniture worth Sh. 60,00. Transactions for the first week were as follows:
2012:
March 2nd purchased a typewriter by cheque Sh. 20,000
March 3rd bought delivery van for Sh. 450,000 from Mwangaza motors on Credit
March 4th Bought stock worth Sh. 15,000 for cash
March 5th Purchased goods worth Sh. 18,000 from Kinyua on credit
March 6th sold goods worth Sh. 30,000 on credit to Menge
March 7th paid 12,000 to Kinyua by Cheque
March 7th received Sh. 4,000 for rent by cheque
Required: Record the above information in the relevant ledger accounts and balance them off on 7th March 2012.
Date posted:
October 1, 2019
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Answers (1)
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Describe the following terms as used in accounting.
i) Assets
ii) Credit transactions.
iii) Networth of a Business.
iv) Ledger.
(Solved)
Describe the following terms as used in accounting.
i) Assets
ii) Credit transactions.
iii) Networth of a Business.
iv) Ledger.
Date posted:
October 1, 2019
.
Answers (1)