Commerce Past Questions and Answers

Trade can be described as

Use the information below to answer questions below

	#
Sales	50,000.00
Debtors	10,000.00
Cash in hand	5,000.00
Opening stock	30,000.00
Creditors	8,000.00
Purchases	16,000.00
Overdraft	12,000.00
Closing stock	10,000.00

Calculate the working capital

A worker who processes garri is engaged in

One of the functions of the ports authority is

The principle that applies when Greene and Sunwar Insurance Companies jointly indemnified Fatou for the destruction of her
storey building by fire is