UNEB UCE Enterprenuership Past Papers 2017 ( Paper 1 )

UNEB UCE Enterprenuership Past Papers 2017 ( Paper 1 )

1. You have decided to start a restaurant in your community.

   a) Write a letter to the Health Inspector requesting for inspection of your premises.
   b)State five requirements you must fulfill before obtaining a trading license for your business.
   c)Design a sign post to advertise your restaurant.
   i) Identify any four types of personnel you will recruit for your restaurant.
   ii)What factors will you consider when recruiting the staff mentioned in (d) (i) above?

2. The Petty Cashier of your school is given a monthly imprest of Shs2,000,000. On 31^st August 2017, the petty cash at hand was Shs410,000. During the month of September 2017, the following transactions took place:
   

   September 2017                                                      Shs

   2nd                  Paid newspapers                             140,0004th                   Bought cleaning materials                240,000 6th                   Paid staff tea                                   150,000 8th                   Bought brooms                                   5,000 10th                 Paid Cleaners                                  100,000 13th                 Bought envelopes and stamps             20,000 15th                 Paid bursar’s travel expenses            300,000 17th                 Bought box files                               100,000 20th                 Paid Staff Transport                          150,000 22nd                Bought staff soda                             100,000 25th                 Sent mails to staff                            150,000 28th                 Bought reams of paper                     240,000 30th                 Paid Momo, a creditor                        40,000

   Required.

   1.  Calculate the cash re-imbursed on 1^st 2017.
   2. Prepare a Petty Cash Book for your school using stationery, cleaning, travelling, postage, office expenses and ledger analysis columns.
   3. Show the postings of the Petty cash book to their respective ledger accounts
3. You have started a juice processing business in a trading centre of your community.
   a) State the mission of your business.
   b)Prepare a price list of your products.
   c)What measures have you put in place to maintain customers of your business?
   d) Describe any five types of taxes your business will pay to Uganda Revenue Authority.
4. The following information relates to the Trial Balance of J. Muso, an entrepreneur as at 31^st December 2016
   J.MUSO
   TRIAL BALANCE
   AS AT 31^ST DECEMBER 2016

   DETAILS	DR(Shs)	CR(Shs)
   Sales		1,300,000
   Stock (1st January2016)	120,000
   Carriage outwards	30,000
   Return inwards	100,000
   Return outwards		1,5000
   Discount allowed	8,000
   Interest received		2,600
   Capital		1,00,1000
   Bank Overdraft		120,000
   Purchases	720,000
   Rent and rates	49,600
   Debtors	18,000
   Furniture	62,000
   Cash at hand	30,000
   Salaries	156,000
   Land	130,000
   Creditors		35,000
   Drawings	110,000
   Motor Van	1,170,000
   Loan		230,000
   	2,703,600	2,703,600

   
   Additional Information:

   Stock on 31^st December was Shs75,000.
   Required
   a) Prepare:

   1. Trading, Profit and Loss Account for the year ended 31^st December 2016.
   2. Balance Sheet as at 31^st December 2016

b) Determine the

i.  Gross profit margin
ii. Return on capital employed

5. Your youth group plans to start a bakery in your home town.

1. Identify the requirements for starting the business
2. Prepare a market survey guide for your business.
3. How will you prompt sales of your business?
4. Design a receipt that will be used in your business.