Outline four factors that an entrepreneur should consider before setting up a manufacturing business.
Factors that an entrepreneur should consider before setting up a manufacturing business.
0 Comments
Outline the circumstances under which each of the following characteristics of human wants may be observed:(a) Complementary wants,(b) Wants become habitual(a) Complementary wants: - where wants are simultaneous/when two or more items must be used together at the same time for example:- car and petrol. (b) Wants become habitual: - where one becomes addicted to a particular want/when one develops a taste/liking for a commodity so that he needs it again and again. On 31 December 2005, Kiwa had accrued expenses of Sh.24,000. On 31st December,2006, the accrued expenses were Sh.30O00. In 2006 expenses paid for amounted to Sh. 85,000. Determine the expenses for the year 2006.The following balances were extracted from the books of Solai Traders as at 31 May 2006
Sh.
Current assets 220,000 Capital 425,000 Net profit 85,000 Creditors 98.200 Accrued expenses 11,800 Determine: (a) Working capital (2 marks) (b) Return on capital (2 marks) State the type of ledger account to which each of the following accounts relates: (4 marks)13/12/2020 State the type of ledger account to which each of the following accounts relates:
(i) Nominal.
(ii) Nominal. (iii) Creditors/purchases ledger. (iv) Real/general ledger. For each of the following transactions in the table below, indicate in the spaces provided, the source document from which the transaction would be recorded.
(a) Sales invoice/outgoing invoice.
(b) Debit note. (c) Credit note. (d) Purchases invoice. Outline the meaning of the following terms as used in accounting:(a) Contra entry ,(b) Cash discount13/12/2020 Outline the meaning of the following terms as used in accounting: (a) Contra entry , (b) Cash discount
(a) Contra entry:- This is a transaction affecting both sides of a two/three column cash book simultaneously. It is indicated by letter ‘C'.
(b) Cash discount:- This is a reduction/allowance given to a buyer by the setter for making prompt payment. Outline four benefits that may accrue to a business person who uses e-mail to communicate. (4 marks)13/12/2020 Outline four benefits that may accrue to a business person who uses e-mail to communicate.
Benefits that may accrue to a business person who uses e-mail to communicate.
The diagram below shows total cost curve of a firm in the short-run.Calculate the average variable cost of the firm.
.Calculate the average variable cost of the firm.
State four ways in which a warehouse is of importance to a manufacturer.
Ways in which a warehouse is of importance to a manufacturer.
Outline four features of a Private Limited Company.
Features of a Private Limited Company.
State four advantages of division of labour.
Advantages of division of labour.
|
Categories
All
Archives
December 2024
|
Can't find what you are looking for? Don't worry, Use the Search Box Below.
Primary Resources
College Resources
|
Secondary Resources
|
Contact Us
Manyam Franchise
P.O Box 1189 - 40200 Kisii Tel: 0728 450 424 Tel: 0738 619 279 E-mail - sales@manyamfranchise.com |