.Trade discount 2/100x400,000=8,000
400,000-8000=392,000
-cash discount 1/100x392,000=3920
-Amount paid 392,000-3920=sh.388,080.00
john3 answered the question on October 1, 2017 at 14:28
-
Highlight four reasons why there is need for ethical practices in business
(Solved)
Highlight four reasons why there is need for ethical practices in business
Date posted:
October 1, 2017
.
Answers (1)
-
Highlight four features of life-insurance cover
(Solved)
Highlight four features of life-insurance cover
Date posted:
October 1, 2017
.
Answers (1)
-
Highlight four factors that make a healthy business environment
(Solved)
Highlight four factors that make a healthy business environment
Date posted:
October 1, 2017
.
Answers (1)
-
State four reasons why credit cards are becoming more popular in Kenya today
(Solved)
State four reasons why credit cards are becoming more popular in Kenya today
Date posted:
October 1, 2017
.
Answers (1)
-
Outline four ways of improving the efficiency of a warehouse
(Solved)
Outline four ways of improving the efficiency of a warehouse
Date posted:
October 1, 2017
.
Answers (1)
-
Highlight circumstances under which downward communication may become appropriate in an organization.
(Solved)
Highlight circumstances under which downward communication may become appropriate in an organization.
Date posted:
October 1, 2017
.
Answers (1)
-
Draw channels of distribution for imported vehicles
(Solved)
Draw channels of distribution for imported vehicles
Date posted:
October 1, 2017
.
Answers (1)
-
Explain the features of a perfectly competitive market structure
(Solved)
Explain the features of a perfectly competitive market structure
Date posted:
October 1, 2017
.
Answers (1)
-
Give the basic features of a market.
(Solved)
Give the basic features of a market.
Date posted:
October 1, 2017
.
Answers (1)
-
Identify the type of error described below.Description Type (i) Credit purchase of sh.78,000 was recorded as sh.87,000 in both purchases and creditors accounts. (ii) Sale of goods...
(Solved)
Identify the type of error described below.
Description Type
i) Credit purchase of sh.78,000 was recorded as sh.
87,000 in both purchases and creditors accounts.
ii) Sale of goods on credit to Ntari sh. 18,000 was
debited in Ntati’s account
iii) Payment of salary sh.13,500 was debtited in the cash
account and credited in the salary expense account.
iv) Repair of motor vehicle sh. 5000 was recorded in the
motor vehicle account.
Date posted:
October 1, 2017
.
Answers (1)
-
Description Type (i) Arises when people are physically challenged (ii) Arises out of mismatch between the skills possessed by potential employees and the job opportunities available (iii) Caused by alternating trade patterns occurring...
(Solved)
Description Type
i) Arises when people are physically
challenged
ii) Arises out of mismatch between
the skills possessed by potential
employees and the job
opportunities available
iii) Caused by alternating trade
patterns occurring at similar times
over the years
iv) Arises when there is change in
methods of production
Date posted:
October 1, 2017
.
Answers (1)
-
Identify the insurance terms described below.Description Term (i) To transfer ownership of life policy to another person (ii) Insuring same subject for the same risk with more than one insurance...
(Solved)
Identify the insurance terms described below.
Description Term
i) To transfer ownership of life
policy to another person
ii) Insuring same subject for the
same risk with more than one
insurance company
iii) Regular payments for insurance
cover
iv) Refund received on cancellation
of life policy before maturity
Date posted:
October 1, 2017
.
Answers (1)
-
The government has risen the retirement age of civil servants from 55 years to 60 years. Highlight
four economic effects of such a move.
(Solved)
The government has risen the retirement age of civil servants from 55 years to 60 years. Highlight
four economic effects of such a move.
Date posted:
October 1, 2017
.
Answers (1)
-
Differentiate between a perfect competition and an oligopoly
(Solved)
Differentiate between a perfect competition and an oligopoly
Date posted:
October 1, 2017
.
Answers (1)
-
Highlight four measures that may be taken by a country to correct balance of payment deficit.
(Solved)
Highlight four measures that may be taken by a country to correct balance of payment deficit.
Date posted:
October 1, 2017
.
Answers (1)
-
State the term that is used for each of the following statements (a) A situation where the government has borrowed internally at high interest rates...
(Solved)
State the term that is used for each of the following statements
(a) A situation where the government has borrowed internally at high interest rates leaving little
space for locals to borrow from
(b) Debts Incurred by the government to finance activities that do not generate revenue at all at
any time
(c) Government expenditure which is incurred all the time on a regular basis
(d) Type of tax paid by companies based on profits
Date posted:
October 1, 2017
.
Answers (1)
-
Outline four advantages of M-Banking.
(Solved)
Outline four advantages of M-Banking.
Date posted:
October 1, 2017
.
Answers (1)
-
State four benefits a trader may get by advertising products in a radio.
(Solved)
State four benefits a trader may get by advertising products in a radio.
Date posted:
October 1, 2017
.
Answers (1)
-
Highlight four features of a bonded warehouse.
(Solved)
Highlight four features of a bonded warehouse.
Date posted:
October 1, 2017
.
Answers (1)
-
The following descriptions relate to insurance . State the term used for each description
(a) Temporary certificate of contract between the Insurer and the Insured
(b) Periodic...
(Solved)
The following descriptions relate to insurance . State the term used for each description
(a) Temporary certificate of contract between the Insurer and the Insured
(b) Periodic payments made by a policy holder
(c) Insurance experts who appropriate the actual premiums to be paid
(d) Life assurance lasting for a specified period
Date posted:
October 1, 2017
.
Answers (1)