Opening capital=Assets - Liabilites
= 350,000 + 45,000 + 25000 + 7500 - 48,000
= 379500
= 379500 = 24000 + 34500 - 20,000
= 48,000
Kavungya answered the question on October 31, 2019 at 10:55
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In the spaces provided write decrease, increase or no effect to show the effects of each one of the following transactions on the assets, liabilities...
(Solved)
In the spaces provided write decrease, increase or no effect to show the effects of each one of the following transactions on the assets, liabilities and capital.
Date posted:
October 31, 2019
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The following is an extract of a cashbook.
Determine the figures represented by W, X, Y and Z.
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Date posted:
October 21, 2019
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(Solved)
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Shs.
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Date posted:
October 21, 2019
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(Solved)
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Date posted:
October 21, 2019
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Answers (1)
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(a)Started a business by depositing in the bank a cheque of Shs.10,000
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(b)Withdrew cash...
(Solved)
Post the following transactions to the relevant “T” accounts.
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on 2nd January 2011.
(b)Withdrew cash Shs.2000 from the bank for business use on 5th January 2011.
(c)Ngithi a debtor paid Shs.4000 in cash on 10th January 2011.
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Date posted:
October 21, 2019
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Answers (1)
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Musengo hardware dealers had the following trial balance for as 31st December, 2014.
Closing stock was valued at Ksh. 55, 000.
Required:
Trading, profit and loss account...
(Solved)
Musengo hardware dealers had the following trial balance for as 31st December, 2014.
Closing stock was valued at Ksh. 55, 000.
Required:
Trading, profit and loss account for the year ended 31/12/2014.
Date posted:
October 17, 2019
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Answers (1)
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The following transactions for the month of June 2013 were extracted from the books of Kyondoni Retail Traders
June 1st Received invoice number 122 valued Kshs....
(Solved)
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Required:
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Date posted:
October 17, 2019
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Answers (1)
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The following demand schedule shows a change in demand of milk in Kiwi County in a certain period.
Explain five factors that could have caused...
(Solved)
The following demand schedule shows a change in demand of milk in Kiwi County in a certain period.
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Date posted:
October 17, 2019
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(Solved)
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Date posted:
October 17, 2019
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(Solved)
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Date posted:
October 17, 2019
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(Solved)
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Date posted:
October 17, 2019
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Mention four circumstances under which the market may be the main factor determining the location of a business enterprise.
(Solved)
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Date posted:
October 17, 2019
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Draw a diagram to illustrate how the demand curve of a product shifts to the right.
(Solved)
Draw a diagram to illustrate how the demand curve of a product shifts to the right.
Date posted:
October 17, 2019
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Answers (1)
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Highlight four benefits to Kenya as a result of being a member of IMF.
(Solved)
Highlight four benefits to Kenya as a result of being a member of IMF.
Date posted:
October 17, 2019
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Answers (1)
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The following information relate to J.’J traders for the year ended 31st Dec 2010
i)Prepare a trading and profit/ loss account for the year ended 31/12/2010.
ii)Calculate;...
(Solved)
The following information relate to J.’J traders for the year ended 31st Dec 2010
i)Prepare a trading and profit/ loss account for the year ended 31/12/2010.
ii)Calculate;
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Date posted:
October 11, 2019
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Answers (1)
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(Solved)
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Date posted:
October 11, 2019
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(Solved)
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Date posted:
October 11, 2019
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Answers (1)
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Unemployment has been major problem that the Kenyan government has been trying to solve. Explain any five measures that the Kenyan government has taken to...
(Solved)
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Date posted:
October 11, 2019
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(Solved)
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Date posted:
October 11, 2019
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(Solved)
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Date posted:
October 11, 2019
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Answers (1)