{"id":136,"date":"2023-04-01T12:11:23","date_gmt":"2023-04-01T12:11:23","guid":{"rendered":"http:\/\/localhost\/solvefor2\/?p=136"},"modified":"2023-04-01T12:49:39","modified_gmt":"2023-04-01T12:49:39","slug":"uganda-certificate-of-education-entrepreneurship-education-845-p1","status":"publish","type":"post","link":"https:\/\/edu.co.tz\/notes\/uganda-certificate-of-education-entrepreneurship-education-845-p1\/","title":{"rendered":"UGANDA CERTIFICATE OF EDUCATION, ENTREPRENEURSHIP EDUCATION 845\/P1"},"content":{"rendered":"

UGANDA CERTIFICATE OF EDUCATION
\n<\/strong><\/span><\/p>\n

ENTREPRENEURSHIP EDUCATION
\n<\/strong><\/span><\/p>\n

845\/1
\n<\/strong><\/span><\/p>\n

TIME: 2 HOURS 30 MINUTES
\n<\/strong><\/span><\/p>\n

\n\u00a0<\/p>\n

\n\u00a0<\/p>\n

Instructions:
\n<\/strong><\/span><\/p>\n

Answer any four <\/strong>questions.
\n<\/span><\/p>\n

\n\u00a0<\/p>\n

1. You are operating a carpentry workshop in your home town.
\n<\/span><\/p>\n

a) Design a signpost for your business.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(5 marks)
\n<\/span><\/p>\n

b) Design a sample of an invoice that will be used to customers who purchase on credit.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(8 marks)
\n<\/span><\/p>\n

c) Design a business card for your sales manager.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(5 marks)
\n<\/span><\/p>\n

d) Write a letter to the town clerk requesting for renewal of your operating license.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(7 marks)
\n<\/span><\/p>\n

\n\u00a0<\/p>\n

2. a) Distinguish between a purchases daybook and a purchases returns book.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(4 marks)
\n<\/span><\/p>\n

b) The following transactions were extracted from the books of Mukwaya Enterprises for the month of August 2009.
\n<\/span><\/p>\n

\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

1st<\/sup> \u00a0\u00a0\u00a0\u00a0Bought goods from Gertrude <\/span><\/p>\n<\/td>\n

\n

Shs. 700,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

2nd<\/sup> \u00a0\u00a0\u00a0\u00a0Bought goods on credit from Bwanika <\/span><\/p>\n<\/td>\n

\n

Shs. 526,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

John <\/span><\/p>\n<\/td>\n

\n

Shs. 460,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

8th<\/sup> \u00a0\u00a0\u00a0\u00a0Returned some goods to Gertrude<\/span><\/p>\n<\/td>\n

\n

Shs. 86,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

9th<\/sup> \u00a0\u00a0\u00a0\u00a0Returned some goods to Bwanika<\/span><\/p>\n<\/td>\n

\n

Shs. 26,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

12th \u00a0\u00a0\u00a0\u00a0<\/sup>Received invoices from Ouma<\/span><\/p>\n<\/td>\n

\n

Shs.620,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

\u00a0\u00a0\u00a0\u00a0John <\/span><\/p>\n<\/td>\n

\n

Shs. 480,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

15th<\/sup> \u00a0\u00a0\u00a0\u00a0Credit purchases from Mukiibi<\/span><\/p>\n<\/td>\n

\n

Shs. 350,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

17th<\/sup> \u00a0\u00a0\u00a0\u00a0Credit sales from Nakate<\/span><\/p>\n<\/td>\n

\n

Shs. 744,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

23rd<\/sup> \u00a0\u00a0\u00a0\u00a0Received invoices from invoices from Ssegujja<\/span><\/p>\n<\/td>\n

\n

Shs. 332,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

\u00a0\u00a0\u00a0\u00a0John <\/span><\/p>\n<\/td>\n

\n

Shs. 432,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Mukiibi <\/span><\/p>\n<\/td>\n

\n

Shs. 210,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

27th<\/sup> \u00a0\u00a0\u00a0\u00a0Received credit notes from Ssegujja<\/span><\/p>\n<\/td>\n

\n

Shs. 30,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

\u00a0\u00a0\u00a0\u00a0Mukiibi <\/span><\/p>\n<\/td>\n

\n

Shs. 18,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

28th<\/sup> \u00a0\u00a0\u00a0\u00a0Issued a credit note to Nakate<\/span><\/p>\n<\/td>\n

\n

Shs. 44,000<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

\n\u00a0<\/p>\n

Required:
\n<\/strong><\/span><\/p>\n

i) Enter the above transactions in the purchases journal and Returns outwards journal of Mukwaya Enterprises for the month of August 2009.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(9 marks)
\n<\/span><\/p>\n

ii) Thereafter, post the transactions to their respective purchases ledger and the general ledger accounts.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(12 marks)
\n<\/span><\/p>\n

\n\u00a0<\/p>\n

\n\u00a0<\/p>\n

3. You have secured a loan of shillings 10,000,000 from Centenary (U) Ltd to start a poultry project.
\n<\/span><\/p>\n

a) Prepare a financial plan for your business.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(7 marks)
\n<\/span><\/p>\n

\n\u00a0<\/p>\n

b) Design a receipt to be issued to customers who buy on cash basis.
\n<\/span><\/p>\n

(5 marks)
\n<\/span><\/p>\n

c) Write an advert for the post of a marketing manager to be put in a national newspaper.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(6 marks)
\n<\/span><\/p>\n

d) Present an Organisational chart for your project.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(7 marks)
\n<\/span><\/p>\n

\n\u00a0<\/p>\n

4. You are operating a bakery in your home.
\n<\/span><\/p>\n

a) Describe the various channels of distribution that you can use.\u00a0\u00a0\u00a0\u00a0
\n<\/span><\/p>\n

(8 marks)
\n<\/span><\/p>\n

b) What factors do you consider when choosing packaging materials?
\n<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(6 marks)
\n<\/span><\/p>\n

c) How do you promote the sales of your business?\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(5 marks)
\n<\/span><\/p>\n

\n\u00a0<\/p>\n

d) What measures can you undertake to ensure production of quality goods?\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(6 marks)
\n<\/span><\/p>\n

\n\u00a0<\/p>\n

5. The following information was got from the books of accounts of LAN Enterprises Ltd for the month of May 2013.
\n<\/span><\/p>\n

\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

1st<\/sup> \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0May Balances cash in hand<\/span><\/p>\n<\/td>\n

\n

Shs. 580<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

b\/f \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Bank overdraft <\/span><\/p>\n<\/td>\n

\n

Shs. 14,700<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

3rd<\/sup> May \u00a0\u00a0\u00a0\u00a0Further capital paid into the bank<\/span><\/p>\n<\/td>\n

\n

Shs. 10,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

4th<\/sup> May\u00a0\u00a0\u00a0\u00a0Bought furniture by cheque <\/span><\/p>\n<\/td>\n

\n

Shs. 78,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

6th<\/sup> May\u00a0\u00a0\u00a0\u00a0Cash sales<\/span><\/p>\n<\/td>\n

\n

Shs. 2,200<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

7th<\/sup> May\u00a0\u00a0\u00a0\u00a0Banked cash<\/span><\/p>\n<\/td>\n

\n

Shs. 2,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

9th<\/sup> May\u00a0\u00a0\u00a0\u00a0Paid the following by cheque in each case \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0deducting 2% cash discount Simon
\n<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0shs. 800, Jaiden Shs. 2,400, Maggie Shs. 4,000<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n<\/tr>\n
\n

10th<\/sup> May\u00a0\u00a0\u00a0\u00a0Cash sales to date<\/span><\/p>\n<\/td>\n

\n

Shs. 5,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

12th<\/sup> May\u00a0\u00a0\u00a0\u00a0paid motor expenses in cash<\/span><\/p>\n<\/td>\n

\n

Shs. 770<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

15th<\/sup> May\u00a0\u00a0\u00a0\u00a0Cash withdrawn from the bank<\/span><\/p>\n<\/td>\n

\n

Shs. 4,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

17th<\/sup> May\u00a0\u00a0\u00a0\u00a0Cash drawings<\/span><\/p>\n<\/td>\n

\n

Shs. 12,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

18th<\/sup> May\u00a0\u00a0\u00a0\u00a0Received Cheques from the following in each \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0case deducting 5% discount, Suzan shs. 800, \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Fred Shs. 1,400 and Irene Shs. 2,200.<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n<\/tr>\n
\n

19th<\/sup> May\u00a0\u00a0\u00a0\u00a0Salaries paid in cash<\/span><\/p>\n<\/td>\n

\n

Shs. 2,100<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

21st<\/sup> May\u00a0\u00a0\u00a0\u00a0Paid insurance by Cheque<\/span><\/p>\n<\/td>\n

\n

Shs. 1,500<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

24th<\/sup> May\u00a0\u00a0\u00a0\u00a0Bought motor van, paying by cheque<\/span><\/p>\n<\/td>\n

\n

Shs. 49,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

27th<\/sup> May\u00a0\u00a0\u00a0\u00a0Buule paid us his account in cash<\/span><\/p>\n<\/td>\n

\n

Shs. 2,040.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

\n\u00a0<\/p>\n

Required:
\n<\/strong><\/span><\/p>\n

a) Write up a three column cash book using the information above of LAN Enterprises Ltd and balance off at the end of the month.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(22 marks)
\n<\/span><\/p>\n

b) Show the discount accounts in the general ledger.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(3 marks)
\n<\/span><\/p>\n

***END***<\/em><\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

UGANDA CERTIFICATE OF EDUCATION ENTREPRENEURSHIP EDUCATION 845\/1 TIME: 2 HOURS 30 MINUTES \u00a0 \u00a0 Instructions: Answer any four questions. \u00a0<\/p>\n","protected":false},"author":1,"featured_media":331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,1],"tags":[],"class_list":["post-136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entrepreneurship","category-uncategorized"],"yoast_head":"\nUGANDA CERTIFICATE OF EDUCATION, ENTREPRENEURSHIP EDUCATION 845\/P1 - MAKTABA EDUCATION CENTER<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/edu.co.tz\/notes\/uganda-certificate-of-education-entrepreneurship-education-845-p1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UGANDA CERTIFICATE OF EDUCATION, ENTREPRENEURSHIP EDUCATION 845\/P1 - 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