i) Cash and bank column in the cash book act as a ledger and total balances are used to prepare trial
balance like other ledger accounts
ii) Both discount allowed and discount received columns act as journal and their total balances are
transferred to the ledger.
iii) Cash transactions are entered in the three column cashbook directly as they occur
Githiari answered the question on September 23, 2017 at 09:34
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Name the types of warehouses associated with each of the statements given below: (4 marks)Statement ...
(Solved)
Name the types of warehouses associated with each of the statements given below:
Statement----------------Type of warehouse
(i) Goods can be stored before payment of customs duty.
(ii) Individuals can hire storage facilities.
(iii) Goods are stored from several manufacturers.
(iv) Specialised goods are stored
Date posted:
September 23, 2017
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Answers (1)
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Give five reasons why the government may find it necessary to start a parastatal
(Solved)
Give five reasons why the government may find it necessary to start a parastatal
Date posted:
September 23, 2017
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Answers (1)
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In the spaces provided below, indicate the type of utility created by each of the following commercial
activities
Commercial activity ...
(Solved)
In the spaces provided below, indicate the type of utility created by each of the following commercial
activities
Commercial activity Type of utility
(i) Selling goods to customers; ..........................................................
(ii) Transporting goods; .........................................................
(iii) Storekeeping; .........................................................
(iv) Making a chair. ........................................................
Date posted:
September 23, 2017
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Answers (1)
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Explain five demerits that may be associated with water transport
(Solved)
Explain five demerits that may be associated with water transport
Date posted:
September 23, 2017
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Explain five measures that the government may take to improve the volume of exports
(Solved)
Explain five measures that the government may take to improve the volume of exports
Date posted:
September 23, 2017
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Answers (1)
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Outline four benefits that accrue to the government as a result of privatization of public enterprises
(Solved)
Outline four benefits that accrue to the government as a result of privatization of public enterprises
Date posted:
September 23, 2017
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Answers (1)
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Highlight four factors that must be considered before incurring public expenditure
(Solved)
Highlight four factors that must be considered before incurring public expenditure
Date posted:
September 23, 2017
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Answers (1)
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Highlight four circumstances under which business enterprises may choose to merge
(Solved)
Highlight four circumstances under which business enterprises may choose to merge
Date posted:
September 23, 2017
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Answers (1)
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Outline four reasons why hypermarkets are becoming increasingly popular in Kenya
(Solved)
Outline four reasons why hypermarkets are becoming increasingly popular in Kenya
Date posted:
September 23, 2017
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Answers (1)
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Outline four circumstances that would make an office manager to replace an existing machine
with modern one
(Solved)
Outline four circumstances that would make an office manager to replace an existing machine
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Date posted:
September 22, 2017
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Answers (1)
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Outline four reasons why an increase in per capital income may not necessarily lead to a rise in
the standard of living of the citizens
(Solved)
Outline four reasons why an increase in per capital income may not necessarily lead to a rise in
the standard of living of the citizens
Date posted:
September 22, 2017
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Answers (1)
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List the circumstances where a cheque may be used as a means of payment
(Solved)
List the circumstances where a cheque may be used as a means of payment
Date posted:
September 22, 2017
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Outline four factors that should be considered in the choice of a means of transporting perishable
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(Solved)
Outline four factors that should be considered in the choice of a means of transporting perishable
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Date posted:
September 22, 2017
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Answers (1)
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Explain three tasks carried out by a receptionist in an office
(Solved)
Explain three tasks carried out by a receptionist in an office
Date posted:
September 22, 2017
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A lucrative manufacturing firm been constantly releasing toxic wastes into the neighborhood.
Outline four measures you can take to stop the firm from such malpractice
(Solved)
A lucrative manufacturing firm been constantly releasing toxic wastes into the neighborhood.
Outline four measures you can take to stop the firm from such malpractice
Date posted:
September 22, 2017
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Answers (1)
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Outline four benefits that may accrue to a business from a country’s political stability
(Solved)
Outline four benefits that may accrue to a business from a country’s political stability
Date posted:
September 22, 2017
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Answers (1)
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Highlight four features of human wants
(Solved)
Highlight four features of human wants
Date posted:
September 22, 2017
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Answers (1)
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State four items that usually appear the credit side of the current account of a country
(Solved)
State four items that usually appear the credit side of the current account of a country
Date posted:
September 22, 2017
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Amboseli Enterprises has been spending heavy on promotion for its products though its sales have
consistently declined. Outline four measures that the company take to reverse...
(Solved)
Amboseli Enterprises has been spending heavy on promotion for its products though its sales have
consistently declined. Outline four measures that the company take to reverse the trend
Date posted:
September 22, 2017
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Answers (1)
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State factors that may affect/hinder the geographical mobility of labour
(Solved)
State factors that may affect the geographical mobility of labour
Date posted:
September 22, 2017
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Answers (1)