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The following were the balances of Kiboko Traders as at 1st January 2009. Cash Sh.40, 000, bank overdraft Sh.17, 000. During the month the following transactions took place.
January 2nd: Mutes a debtor settled his account of Sh.32, 000 by cheque of Sh.30, 000
4th : Paid salaries amounting to Sh.16,000 by cash.
10th: Deposited Sh.12, 000 into the business bank account from the cash till.
14th: Settled Wayua’s account of Sh.40, 000 and she was allowed a discount of 1% through a cheque.
16th: Deposited Sh.56, 000 in the bank from private resources.
17th: Sold goods for cash Sh.24,000.
20th: Mutua, a debtor, settled his account by a cheque of Sh.16, 000 having been allowed a discount of 2%.
24th: Purchased furniture Sh.10, 400 paying by cheque.
26th: Received Sh.7, 200 cash from Odhiambo.
30th: Banked all the available cash except Sh.3200.
57
Required: Prepare a three column cash for Kubuka Traders.
Date posted:
February 23, 2019
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List the uses of two column cash book.
Date posted:
February 23, 2019
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Define a trial balance.
Date posted:
February 23, 2019
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List the documents used in international trade,giving the meaning and the purpose/importance of each.
Date posted:
February 19, 2019
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State and explain the Causes of Balance of payments Disequilibrium.
Date posted:
February 19, 2019
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Benefits that a firm may enjoy by preparing a business plan.
Date posted:
February 14, 2019
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Objectives that may be attained by establishing firms in different parts of the country
Date posted:
February 14, 2019
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Accounting documents that are used in home trade
Date posted:
February 14, 2019
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Disadvantages that a developing country may suffer by liberalizing foreign trade
Date posted:
February 14, 2019
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Sources of finance for a public limited company apart from the sale of shares include:
Date posted:
February 14, 2019
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Factors that may have caused a decline in the demand for Wooden furniture
Date posted:
February 14, 2019
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Identify and explain two possible reasons why a government might decide to keep the country's postal services to the public sector.
Date posted:
February 13, 2019
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Explain four barriers of effective communication caused by the receiver.
Date posted:
February 4, 2019
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Explain four principles of an effective office system.
Date posted:
February 4, 2019
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Explain five methods that the government may use to increase supply of goods in the market.
Date posted:
January 15, 2019
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Describe five channels of distribution that a Kenyan manufacturer would use to ensure her goods reach consumers in another country.
Date posted:
January 15, 2019
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Explain five ways in which the internal environment may contribute to the success of a business enterprise.
Date posted:
January 15, 2019
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Mention four benefits of recycling waste production
Date posted:
December 28, 2018
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Keith owned a motor vehicle valued at Sh.2,000,000.He comprehensively insured the car at Sh.1,200,000.The motor vehicle was involved in an accident and declared a write off.Calculate the amount Keith should get from the insurer.
Date posted:
December 4, 2018
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Outline four circumstances under which goods may be transported by use of containers.
Date posted:
November 30, 2018
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Explain circumstances under which a manufacturer would use informative advertising
Date posted:
November 20, 2018
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Discuss the role of marketing and relationship banking in Kenyan banks today.
Date posted:
November 18, 2018
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Describe any five theories of management and explain how they can be used by managers to improve on their organizations.
Date posted:
November 9, 2018
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State the circumstances under which hire purchase may be used.
Date posted:
November 8, 2018
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Managers are born not made. Discuss
Date posted:
November 6, 2018
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Highlight 4 possible effects of a positive change in the consumers preference for a good.
Date posted:
November 5, 2018
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State four reasons why direct production is common in Kenya.
Date posted:
October 31, 2018
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Highlight 4 possible consequences arise due to poor arrangement of goods in a warehouse
Date posted:
October 29, 2018
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Mention four circumstances under which a firm can use competitive advertising.
Date posted:
October 27, 2018
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What are the characteristics of a visionary entrepreneur?
Date posted:
October 7, 2018