1.   a) Explain five features that differentiate a public company from a public corporation.(10marks)

b) Jambo Tena enterprises had the following balances in the cash book on 1st November,

2018. Cash at hand shs. 10,000 and bank shs. 150,000

2.   Bought buildings paying by cheque shs. 50,000

3.   Drew shs. 4,000 from Bank for office use.

4.   Took cash shs. 1,000 for his personal use

5.   Credit sales to Jema traders shs. 5,000

6.   Took all the cash to the bank leaving a balance of only shs. 100

Required: prepare  duly balanced a two column cash book.

2.   a) Explain five emerging issues in office management.                            (10marks)

b)  Explain five circumstances under which a partnership may be dissolved (10mks )

3.   a) Explain five circumstances under which a manufacturer would prefer to sell his products direct to consumers instead of selling through middlemen.(10 marks)

b) Explain five factors to consider when choosing a method of promoting products.(10 marks)

4.   (a)  In most secondary schools in Kenya, members of staff are accommodated in one large room.  Explain five disadvantages associated with this kind of arrangement.(10mks)

     (b)Explain Five benefits of warehousing to consumers                                   (10 marks)

5.   a)Explain five uses of National Income Statistics                 (10mks

b)  i) Explain four insurance policies that the owner of a supermarket may find useful for     the business.                               8mks

ii) A farmer’s house valued at Ksh. 1,200,000 was insured against fire for ksh. 900,000. Fire occurred and  damaged the house causing a loss of ksh. 500,000. Determine the value of compensation due to  the farmer.                                       (2mks)

Business Studies Paper 1 Questions

6.   a) The accounts of Maneno Traders showed the following balances  as at 31st December 20-2. Required: Balance off the accounts and extract a trial balance (10 Mks).

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Land and Buildings Account

Dr                                                                                                                               Cr

DateParticularsFolioAmount Shs.DateParticularsFolioAmount Shs.
2018 Jan 1    Bal  b/d    150,000  2018             

Motor Cars Account

Dr                                                                                                                               Cr

DateParticularsFolioAmount Shs.DateParticularsFolioAmount Shs.
2018 Jan 1      Bal    b/d    142,000  2018 Jan 6     

Cash Account

Dr                                                                                                                               Cr

DateParticularsFolioAmount Shs.DateParticularsFolioAmount Shs.
2018 Jan 1 Jan 3 Jan 6      Bal Sales Debtors      b/d          30,000 5,000 3,000    2018 Jan 1 Jan 2    Purchases Creditors           10,000 2,500        

Creditors Account

Dr                                                                                                                               Cr

DateParticularsFolioAmount Shs.DateParticularsFolioAmount Shs.
2018 Jan 2    Cash         2,500  2018 Jan 1        Bal        b/d        4,000  

Capital Account

Dr                                                                                                                               Cr

DateParticularsFolioAmount Shs.DateParticularsFolioAmount Shs.
2018                   2018 Jan 1    Bal    b/d  311,000

Sales Account

Dr

DateParticularsFolioAmount Shs.DateParticularsFolioAmount Shs.
2018                 2018 Jan 3    cash     5000

b)  Highlight five factors that may lead to rapid increase in population.            (10mks)

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