Indicate the book of original entry used in recording each of the following transactions of Alex Traders. (4mks)
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![]() In the spaces provided in the table below, name the document iambi Ltd. would issue under the circumstances described:
Documents to issue:
![]() Give reasons for maintaining books of original entry.
Reasons for maintaining books of original entry include:
![]() On 2nd November 2006, Oromo received an invoice for Ksh 12,000. Terms of payment were trade discount 5% and cash discount 10%. if payment is made within 30 days.Determine the amount paid if payment was made on 28th November 2006.![]() ![]()
The following transactions relate to Jelimo Stores:
Expected Response![]() Indicate the type of journal in which each of the following transaction would be recorded14/12/2020 Indicate the type of journal in which each of the following transaction would be recorded
Type of journals referred to are:
![]() 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. ![]() Identify the book of original entry used in recording each of the following transactions of Soya Traders.
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The following Purchases Returns Journal relates to Farasi Traders:
Post the information above to the relevant ledger accounts. (4 marks)
Expected Response![]()
Identify the source documents into which the information given in the table below would be recorded. (4 marks)
![]() List four books of original entry that may be used to record transactions affecting stock.(4 marks)22/11/2020 Books of original entry that may be used to record transactions affecting stock
Books of original entry that may be used to record transactions affecting stock are:
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