BUSINESS STUDIES PAPER 2 - 2017 KITUI MOCK EXAMINATION

Share via Whatsapp
  1.  
    1. Discuss five causes of unemployment in Kenya today.  (10 marks)
    2. Explain five roles of transport to the economy of a country.   (10 marks
  2.  
    1. Discus five roles of public finance.   (10 marks)
    2. Explain five barriers to effective communication.  (10 marks)
  3.  
    1. Highlight four problems likely to be faced by consumers when a firm operates as a Monopoly. (8 marks)
    2. The following trial balance was extracted from the books of Tumaini Traders as at 30th June 2015.
       Details  DR  CR
       Stock on 1st July 2014  180,000  
       Debtors and creditors  195,000  120,000
       Discounts  75,000  96,000
       Sales and purchases  1,200,000  1,740,000
       Premises  1,630,000  
       Carriage outwards  24,000  
       Returns  60,000  150,000
       Fixtures and fittings  300,000  
       Carraige inwards  100,000  
       Machinery  600,000  
       Commissions  48,000  42,000
       Capital    2,454,000
       Wages and salaries  90,000  
       Cash in bank  420,000  
       Rent income    110,000

      Additional information
      Closing stock was valued at sh 210,000.

      Required
      1. Prepare a trading, profit and loss account for the year ended 30th June 2015. (8 marks)
      2. Prepare Tumaini Trades balance sheet as at 31st June 2015.(4 marks)
  4.  
    1. Explain five ways in which the nature of a commodity may influence its distribution. (10 marks)
    2. Outline five differences between a public limited company and partnership form of a business.  (10 marks)
  5.  
    1. Explain five reasons for continued existence of small firms alongside large firms.  (10 marks)
    2. Explain five benefits enjoyed by a firm that has expanded its scale operations.   (10 marks)
  6.  
    1. Explain five instruments of monetary policy a central bank may use to reduce money supply in a country. (10 marks)
    2. On January 2005 Njeri traders had the following transactions.
      2005
      January      
      • 1: Started business with capital sh.80,000 cash and sh.200,000 at the bank
      • 2: Bought furniture by cheque sh.20,000
      • 3: Bought goods by cheque sh.70,000
      • 8: Received cash from Chemai sh.19,000 having allowed him a cash discount of  sh.1,000
      • 9: Paid the following accounts by cheque:- Muthoni sh.30,000, Salim sh.15,000 and Kiptoo sh.26,000 having deducted 10% discount in each case
      • 12:Cash sales sh.14,000, paid for postage in cash sh.2,000
      • 16 Received a cheque of sh.27,500 from Ngondi in full settlements of his account of sh.30,000
      • 20:Received cheque of the following amounts from: Adijah sh.18,000, Adongo sh.28,800 and Maranga sh.12,600. The business had allowed each of them a discount of 10%

        Required:

        Prepare a three column cashbook and balance it off.      (10 marks)

Download BUSINESS STUDIES PAPER 2 - 2017 KITUI MOCK EXAMINATION.


Tap Here to Download for 50/-




Why download?

  • ✔ To read offline at any time.
  • ✔ To Print at your convenience
  • ✔ Share Easily with Friends / Students


Join our whatsapp group for latest updates
.
Subscribe now

access all the content at an affordable rate
or
Buy any individual paper or notes as a pdf via MPESA
and get it sent to you via WhatsApp

 

What does our community say about us?

Join our community on:

  • easyelimu app
  • Telegram
  • facebook page
  • twitter page
  • Pinterest