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Mr. Ancentus Okwengo is the sole proprietor of a small business. The following trial balance
was extracted from his books at 31 March 2000.
Additional information:
1. Closing stock on 3 1 March
2000 was Sh.2, 008,000.
Loose tools at valuation
Sh.384, 000.
2 .Provision is to be made for the following amount
owing on 3 1 March 2000: Electricity and power
Sh.192,000.
3. Payments in advance on 31 March
2000 were as follows: Van licenses
Sh.2,520 and rates Sh.13,800.
4. Depreciation on plant and machinery and delivery vans is to be provided at the rate of
20% and 25% respectively on cost at the end of the year.
5. Bad debts amounting to Sh.26,000 are to be written off and the provision for
doubtful debts is to be 10% of trade debtors.
Required:
A ten-column worksheet for the year ended 31 March 2000.
Date posted:
November 16, 2018
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How does play activities help in learning of music and creative arts activities?
Date posted:
November 16, 2018
-
How can a teacher teach about colours to children with visual impairment in an inclusive setting?
Date posted:
November 16, 2018
-
With example describe the concepts of nucleated and dispersed settlement patterns in Kenya today.
Date posted:
November 15, 2018
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The trial balance of Zach Ltd. as at 31 December 1999 was as follows:
Additional information:
1. Stock at 31 December 1999 was Sh.360,000.
2. Sales returns of Sh.20,000 have been entered in the sales day book as if they were sales.
When this error was discovered, the debtors account had been corrected but the sales figure
was not rectified.
3. 5000 new shares were issued during the year at Sh.32. The proceeds have been credited to
the suspense account.
4. A fully depreciated plant which cost Sh.200,000 was sold during the year. No other entries except
bank have been made. The remaining balance on the suspense account after (2 and 3) above
represents the sale proceeds.
5. A debtor of Sh.20,000 has been declared bankrupt. A general provision is required at 5% of
debtors.
6. Rates of Sh.30,000 paid in December covering half year to 31 March 2000 have not been
entered in the books.
7. Debenture interest has not been paid.
8. Depreciation on plant is at 10% on cost and buildings at 2% on cost.
9. The directors propose to pay a dividend of Sh.2 per share and transfer Sh.20,000 to the
general reserve.
10. Corporation tax at a rate of 32'/2% on profits is estimated to be Sh.90,000.
Required:
(a)Suspense account for the year ended 3I December 1999
(b)Trading,profit and loss account for the year ended 31 December 1999.
(c) Balance sheet as at 31 December 1999.
Date posted:
November 15, 2018
-
Explain the stages of evolution of man and highlight the features at each stage
Date posted:
November 15, 2018
-
Explain how archaeologists locate a historical site.
Date posted:
November 15, 2018
-
Explain the concept of Primary Health Care
Date posted:
November 15, 2018
-
Explain the relevance of classical and operant conditioning in training and facilitation
Date posted:
November 15, 2018
-
Eleza maana ya maigizo katika fasihi simulizi.
Date posted:
November 14, 2018
-
Explain why the ionic radius of potassium is greater than that of sodium.
Date posted:
November 14, 2018
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Explain oral traditions, linguistics, anthropology and archaeology which are unwritten sources of information giving advantages and limitations in each
Date posted:
November 14, 2018
-
Explain the meaning of government and explain the three arms of government.
Date posted:
November 14, 2018
-
Taja vitenzi vyenye asili ya kigeni
Date posted:
November 13, 2018
-
Factors that affect validity of a contract
Date posted:
November 13, 2018
-
Which organelle is most abundant in white blood cell?
Date posted:
November 13, 2018
-
Describe the following terms as used in first aid
i. Emetic
ii. Antidote
iii. Demulcent
iv. Laxative
Date posted:
November 12, 2018
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. "Penzi lenu na nani? . . . . Mgomba changaraweni haupandwi ukamea. Potelea mbali mkate wee!"
a) Eleza muktadha wa dondoo hii. (alama 4)
b) Taja naufafanue mbinu mbili za lugha zilizotumiwa katika dondoo hili. (alama 4)
c) Onyesha vile maudhui ya utabaka yanavyo jitokeza katika hadithi nzima. (alama 6)
d) Eleza sifa sita za mzugumzaji kwenye dondoo. (alama 6)
Date posted:
November 12, 2018
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MAPENZI YA KIFAURONGO
"Mimi sijui hata kidogo ,huwa nayaona mapenzi kama ule mmea wa Kifaurongo.Huwa hai hali ikiwa shwari,na shari ikitokea yanafifia.....
(a) Huku ukirejelea hadihi hii,eleza maswala yanayojitokeza kama mmea wa kifaurongo katika hadithi hii
Date posted:
November 12, 2018
-
Describe major events in the evolution of HIV/AIDS from 1982 to date in Kenya.
Date posted:
November 9, 2018
-
Eleza ufaafu wa anwani Chozi la Heri
Date posted:
November 9, 2018
-
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
-
Describe the extent to which customs are source of law in Kenya.
Date posted:
November 9, 2018
-
What are the reasons for migration of Eastern Bantu into Kenya before 1800?
Date posted:
November 9, 2018
-
What factors facilitated European conquest of African countries in the 19th century.
Date posted:
November 9, 2018
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Explain the reasons why Europeans were interested in Africa after 1880.
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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What were the characteristics of African Traditional Religion?
Date posted:
November 8, 2018
-
With reference to chlorine, distinguish between covalent bond and van der Waals forces.
Date posted:
November 7, 2018
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Explain how mammals regulate their body temperature and relate this to their body size
Date posted:
November 7, 2018