228 questions at Form 3 · JCE
Most triedMost missedNewest- State two aids to trade which help suppliers to be in contact with their customers.
- Explain one advantage of using an ATM card.
- State the type of a large scale retailer which has different sections managed under one roof.
- The pictures below show stages of a process (stage 1: a mine; stage 2: sorting diamonds; stage 3: cutting; stage 4: polishing / setting; stage 5: jew…
- Name an account that can have either a debit or a credit balance.
- State a column in a ledger account which indicates where the double entry for a transaction can be found.
- Lebitso sent an invoice to Jim for goods sold on credit. Lebitso is a creditor while Jim is a debtor.
- The following balances were extracted from the books of Pudi Investments: Inventory P6 200; Trade payables P2 300; Cash P750. Calculate the value of …
- State why in an income statement the closing inventory is deducted from the cost of goods available for sale.
- List any two examples of non-current assets.
- Amagoya (Pty) Ltd provided the following information: Gross loss P200; Purchases P700; Carriage inwards P400; Closing inventory P300. Calculate the v…
- State the purpose of the Returns Outwards Account.
- Mr Mariba buys and sells shoes. He gave one pair to his wife to use. State how this transaction will be recorded in Mr Mariba's ledger.
- Name a document that shows amount deposited into and withdrawn from a business account.
- State one advantage of using a spreadsheet application in a business.
- State the two main sections of an income statement.
- Define what a contra entry is in relation to a Cash Book.
- A petty cashier was given P495 at the start of a month. During the month she spent P350 on various expenses. State how much the cashier will receive …
- Below is an extract of Katso's account in the books of Tefo.
- Define the terms below.
- Complete the table by filling in each concept described.
- Explain any benefit to a retailer of buying from a wholesaler.
- Describe what a permanent employee is.
- State any two types of large scale retailers in Botswana.
- Explain durability as a quality of money.
- Explain any ethical consideration to be observed when manufacturing a product for sale.
- Below is an illustration of a business process involving a transaction between a buyer and a seller. At the beginning of the transaction, they shared…
- Name a credit trading method which allows a customer some months to pay for goods while the items remain at the shop.
- Give one example of a statutory deduction.
- Explain any one way in which a seller may benefit from offering a trade discount.