1. List four forms of retail businesses that a school leaver may engage in. (4 mark)

2. Outline four benets of using the internet for ofce communication. (4 marks)

3. The following information relates to Zawadi Traders rental income:

1.1.15 Had Ksh 50,000 in the rent income account at the beginning of the year.

10.6.15 Received Ksh 120,000 from tenants.12.11.15 Refunded Ksh 20,000 to a tenant who had vacated the premises.

Required

Prepare Zawadi Traders Rental lncome Account. (4 marks)

4.State four means of payment that may be provided by commercial banks to their customers.(4 marks)

5. The equations given below relate to quantity demanded and quality supplied at the equilibrium point:

Qde = 4P + 50

Qsc = 8P + 30

Determine the equilibrium price and quantity. (4 marks)

6. Outline four Ways in which the balance of payments of a country may be improved. (4 marks)

7. Identify the source documents into which the information given in the table below would be recorded. (4 marks)

(a)Payments recived from debtors

(b)Purchase made from credits

(c)Valiating payments made by the cashier

Requesting (d)payments from a debtor

8. Highlight four factors that should be considered by a rm when deciding on the method to use for promoting its products. (4 marks)

9. Outline four features of money that enables it to facilitate the exchange of goods and services.(4 marks)

10. Outline four benets of proper ling to an organisation. (4 marks)