a) The Kenya government has been supporting the Co-operative movement. Discuss five features of a co-operative Society
b) Due to unemployment many youths are involving themselves in crimes hence posing a threat to National security
Explain five causes of unemployment in the country (10mks)

a) Susan has a choice of either buying goods from kiosk or a supermarket. Explain to her five reasons why she may prefer to buy
goods from the Supermarket instead of the kiosk (10mks)
b) Discuss five roles played by commercial banks in developing the Kenyan economy (10mks)

a) Mention and explain four office etiquettes expected of an office worker (8mks)
b) The following Trial balance was extracted from books of Maragwa Traders as at 31^st December 2014

Required
(i) Prepare a Trading and profit and loss account for the year ended 31st December 2014
(ii) Prepare a Balance sheet as at 31st Dec 2014 (12mks)

(a) Discuss five factors that may influence the choice of a means of communication (10mks)
(b) Graphically, explain the effect of a decrease in demand on equilibrium price and quantity of a commodity (10mks)

(a) Onyango does not know that national income statistics are of any importance. Explain to him five uses of national income statistics (10mks)
(b) Kenya has been suffering from Balance of payment deficit . Explain five measures that it can adopt to correct the balance of payment deficit (10mks)

(a) Explain five roles played by warehousing in the development of Kenya’s economy (10mks)
(b) Mega Traders had the following transactions that took place in the month of April 2014

Invoices received

April 1
K.K. Suppliers Sh. 40,000
2 Onchoke Sh. 8,000
6 K.K. Supplier Sh. 15,000

Invoices issued

April 3
Onyango Sh. 50,000
4 Moturi Sh. 30,000

Credit notes issued

April 5
Moturi Sh. 3000

Credit notes received

April 7
K.K. Suppliers Sh. 1000
7 Onchoke Sh. 1500

Required : Record the above transactions in the relevant subsidiary books and relevant post to the ledger accounts (10mks)