Whole Sales and Retail Management

Whole Sales and Retail Management Cheap things are never good and good things are never cheap(Anonymous)...

30/06/2018

bonjour, comme' cava...?! Des comrades..."on y vas...?!".

24/12/2016

To all my esteemed friends, wish you a happy and a prosperous new year, God/Allah Bless.

06/11/2016

FINAL ACCOUNTS AND BALANCE SHEET.

-Final accounts refers to trading and profit and loss accounts
-Gross profit is the excess of turn over cost of sales.

Cost of sales=stock at start +Purchases-stock at close.

-The turn stock refers to the quantity of goods unsold at the end of the accounting period.
-Balance sheet may be defined as a financial statement and it shows the financial position at a given moment of time.
-Assets-possession items or property of business like stock, cash in hand, cash at bank.

From,
Kabugo Faruk.

28/10/2016

TRIAL BALANCE

-Is a list of all balances extracted from the ledger, including cash book.
-A balance is the difference between the totals of the debt and credit sides of an account.
-An account shows a debit balance when the total of its debit exceeds the total of its credit side.
-If the total of the credit side of an account exceeds the total of its debit side, the difference is known as credit balance.

A trial balance is prepared to check the arithmetic accuracy of the books of account.
Methods of preparing a trial balance are:-
-Total method and Balance Method.

From,
Kabugo Faruk.

27/08/2016

Stay focussed.
From,
Kabugo Faruk.

06/06/2016

To all the Muslim Ummah, am wishing you a happy and prosperous Ramadhan Kareem, May Allah accept Insha'Allah,
From,
Kabugo Faruk.

24/05/2016

Success is the result of intelligence and diligence, chase your dreams with unflinching determinations, you will surely succeed in making your dreams come true and my best wishes are with you.
Wishing you success,
From,
Kabugo Faruk.

03/05/2016

It is not the strongest of the species that survive, nor the most intelligent but the one most responsive to change-Charles Darwin.
A man should never neglect his family for business.-Walt Disney.

From,
Kabugo Faruk.

15/03/2016

Inspirational Quotations from Kabugo Faruk
1."Any man who reads too much and uses his own brain too little falls into lazy habits of thinking." Albert Einstein
2."Your time is limited, so don't waste it living some one else's life." Steve Jobs
3."The greatest discovery of all time is that a person can change his future by merely changing his attitude." Oprah Winfrey.
4."Always bear in mind that your own resolution to succeed is more important than any other one thing." Abraham Lincoln
5."Motivation is a fire from within. If someone else tries to light that fire under you, chances are it will burn very briefly." Stephen R. Covey

From:
Kabugo Faruk.

21/01/2016

Quotes to inspire success in your life and business:-
1.Opportunities don't happen, you create them" Chris Green.
2.I find that the harder I work, the more luck I seem to have."Thomas Jefferson.
3.Try not to become a man of success.Rather become a man of value" Albert Einstein.
4.Stop chasing the money and start chasing the passion.
5.Do one thing every day that scares you." Anonymous
6.People who succeed have momentum. The more they succeed the more they want to succeed and the more they find the way to succeed, similarly when some one is failing, the tendency is to get on down ward spirals that can even become a self fulfilling prophecy." Tony Robins
7.Don't let the fear of losing be greater than the excitement of winning" Robert Kiyosaki
8.Success isn't about what you accomplish in your life, it's about what you inspire others to do." Unknown

From Kabugo Faruk

01/12/2015

For all your business start ups consult Whole Sales and Retail Management in the following clerical services including the following:-

1.All steps and procedures in acquiring and possessing of a legible Trading Licences.
2.For all your business shoppings.
3.All enquiries in whole Sales and Retail goods/products current expenses
4.Business plans for the start ups

09/07/2015

PROFIT AND LOSS

-cost price(cp) is the price of an article paid by a shop keeper.
-Selling price(sp) is the price for which the shop keeper sells the article.
-Profit =selling price-cost price
-percentage profit=profit/cost price*100%
-Loss =cost price-selling price
-Percentage loss =loss/cost price*100%

Profit and Loss problems are usually calculated by taking the cost as100% on the above basis....

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Kampala

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