Circumstances under which cash with order may be used

Circumstances under which cash with order may be used include:    (4mks)

  1. When the business is conducted through past/mail order business
  2. Where the buyer is new
  3. Where the buyer’s credit worthless is in doubt
  4. When the seller’s policy is not to advance credit
  5. When the seller wants to avoid the high cost of debt collection.
  6. When the seller needs working capital
  7. When the seller want to avoid debtors’ record maintenance  

Print Friendly, PDF & Email
Post Views: 206
Tell your friends about this content:

Related posts:

  1. KCSE ENGLISH GRAMMAR AND LITERATURE NOTES
  2. ​KCSE PAST PAPERS CHEMISTRY PAPER 1, 2 AND 3 QUESTIONS, ANSWERS-MARKING SCHEMES AND REPORTS
  3. CRE Standard 8 Notes
  4. APPROACHES TO LAW, ORDER AND JUSTICE
  5. Factors that may cause an increase in demand for a commodity and other business paper 1 questions and answers.
  6. CHRISTIAN APPROACHES TO HUMAN SEXUALITY,MARRIAGE AND FAMILY
  7. THE FORMATION STRUCTURE AND FUNCTIONS OF THE GOVERNMENT OF KENYA NOTES
  8. HELB FINANCIAL LITERACY GUIDE
  9. CO-OPERATION IN AFRICA NOTES
  10. CO-OPERATION IN AFRICA NOTES
  11. FATHERS OF NATIONS STUDY GUIDE PDF
  12. AFRICAN MORAL AND CULTURAL VALUES
  13. SENIOR PROGRAMME MANAGEMENT OFFICER, P5
  14. INTRODUCTION TO HISTORY AND GOVERNMENT NOTES
  15. PARLIAMENTARY SUPRIMACY (POWER) NOTES
  16. THE GALILEAN MINISTRY
  17. COLONIAL ADMINISTRATION NOTES
  18. EUROPEAN INVASION OF AFRICAN AND THE PROCESS OF COLONIALISATION NOTES
  19. THE SINAI COVENANT AND MOSES
  20. INTERNATIONAL RELATIONS NOTES
  21. On 1st March 2006 the cash book of Kericho traders showed cash and bank balances of sh. 15000 and sh 147000 respectively. The following transactions took place during the month
  22. Three column cash book
  23. Causes of Disunity in the Early Church
  24. Circumstances under which hire purchase may be used to acquire goods and services.
  25. SELECTED ASPECTS IN AFRICAN RELIGIOUS HERITAGE
Leave a Reply 0