ENTREPRENEUSHIP EDUCATION 845/1

LOWER SECONDARY CURRICULUM

Task/item/Questions are set basing on the following

ELEMENTS OF CONSTRUCT
There are four elements of construct
1. Appreciates business startup process
This construct includes:
 Type of business ownership
 Cooperatives in Uganda
 Business ideas
 Business opportunities
 Introduction to international trade
 Regional cooperation
 Market survey/ research /human wants
 Steps in starting a business
 Business plan(all the components a part from cash flow)
 Location of business
 Factors of production
 Preparation of an action plan
 Formalizing a business
 Sources of business finance
 Savings and investments
2. MANAGES BUSINESS
 An entrepreneur e.g. characteristics of an entrepreneur
 Factors of production
 Specialization Division of labour and diversification in production
 Machinery, Equipment and tools used in production
 Creativity and innovation
 Preparing a business plan (Cash flow statement
 Introduction to marketing
 Channels of distribution
 Advertisement and sales promotion
3. Appreciates business support Money
 Money
 Banking
 Central bank
 Commercial banks
 Types of Accounts
 Micro finance institutions
 Savings, credit and cooperative societies(SACCOs)
 Electronic Banking
 Risks in business
 Term used in insurance
 Principles of insurance
 Insurance documents and process
 Challenges facing the insurance industry
 Introduction to Government revenue
 Taxation
 Tax administration
 Tax compliance
 Business ethics
 Consumer protection
 Technology in business
 Success in business
4. APPLY BOOK KEEPING SKILLS
 Book keeping
 Source documents e.g. prepare a receipt, invoice, quotation note etc.
 Books of original entry
 The ledger
 Trial balance
 Statement of Comprehensive Income( Trading, profit and Loss
Account)
 Statement of Financial position (balance sheet)
N.B Do not set a task that crosses to another element of construct

GUIDELINES TO CANDIDATES
 Read the scenario carefully and identify the various challenges in the
scenario.
 Give the justification of the challenges identified.
 Be able to clearly understand where the task(s) is /are extracted from.
 As you are answering, the items/answers should not cross a given element
of construct.
 Present your work in paragraphs.
 For tasks that require illustrations like budgets, plans source documents,
partnership deed and other documents, give clear illustrations.
 Read widely and do more practice basing on the various elements of
construct.
UEBETA SEMINAR QUESTIONS FOR S.3 AND S.4 HELD AT CALTEC ACADEMY
MAKERERE ON 06/04/2025 EOC 1: Appreciates business startup
Item 1
Matua is planning to engage in a large-scale fish processing business in Mayuge
district where he owns a large piece of land that consists of a swamp of about 5
acres at the extreme end. He is planning to target both domestic and foreign
markets but he lacks knowledge of the requirements for engaging in export trade
and he is still doubting whether there is need to engage in this kind of trade,
additionally he doesn't know what it takes to make his business legally known.
Task:
As a student of Entrepreneurship education, guide Matua on;
(a) The requirements for exportation of Matua's goods.
(b) Advise him on the reasons why he should engage in export trade.
(c) The procedure of making his business legally known.
Item 2
Zuma has raised savings amounting to UGX 900,000 and on top of that he has
sold his acre of land at UGX 3,100,000. He is intending to establish either a public
address system business or a snacks and drinks shop in his nearby trading centre.
Task:
As a student of Entrepreneurship education, help the entrepreneur to;
(a) Know the most suitable business to operate.
(b) Prepare a statement that will guide his cash expenditure when implementing
the selected business
(c) Select a good location for the selected business

Item 3
Stone, Rock and Rich have contributed UGX 6,000,000 each to establish a primary
school in their home area. But this trio has fear that they may encounter disputes
later on as the business grows. They also have limited knowledge of marketing
which has made them worried of not getting enough customers.

Task:
As a learner of Entrepreneurship education;
(a) Advise the trio on the document to prepare to avoid conflicts in their business.
(b) Prepare a plan that they will use to market their business.
Item 4
10 poultry keepers in your home area have come together to cooperate so as to
increase their productivity, improve the quality of their output and look for
market as a group. These farmers have no knowledge of the operation of such
group business. They intend to first gather customers' opinions to know where to
start from.

Task:
Using your Entrepreneurship skills, guide these people on;
(a) the steps involved in forming this group.
(b) the principles to observe when operating their business
(c) the items to include in the document to use to collect the customers' opinions.

EOC 2 : Manage business

Item 1
Zaid uses an old cereal milling machine to process cereals such as maize grains,
millet, sorghum and soya peas. He also purchases poor quality cereals from the
farmers, though at low prices. Because of Using an old machine, customers have
started abandoning Zaid's products complaining that they contain machine
particles which is dangerous to their health. This has reduced his sales greatly and
finally his profit margin has gone down. He is planning to buy a new machine in
order to improve the quality of his products and regain his market.

Task:
Using your entrepreneurship skills;
(a) Identify the qualities demonstrated by Zaid as an entrepreneur
(b) Advise Zaid on the ways of improving the quality of his products
(c) Guide Zaid on other ways of increasing sales and profits, other than improving
quality.
(d) Advise Zaid on the major considerations to follow when buying a milling
machine.

Item 2
Tom and his wife have both been teachers for the last ten years and at the same
time they have been engaging in poultry keeping to supplement their family
income. But because of limited supervision and monitoring of the poultry project,
they have been making big losses due to high mortality of their birds.

They decided to abandon teaching and concentrated on the poultry project, used
their savings and increased their stock of chicks from 500-1500, put up modern
poultry houses and they are not regretting leaving their profession. However, they
have a challenge of buying poor quality inputs and they have not yet developed a
good message that can persuade customers to the business.

Task:
Using your Entrepreneurship skills;
(a) What benefits does the couple enjoy as a result of concentrating on the
poultry project?
(b) Help them on the ways of ensuring purchase of good quality inputs.
(c) Design an advertising message for them to adopt for their business
Item 3
BONITA owns a restaurant in Soroti city. She makes a variety of snacks and dishes.
The entrepreneur normally buys low – quality ingredients to minimize production
costs which has affected the quality of the dishes. The workers conflict on their
duties which causes delays in food production and poor-quality dishes. The
entrepreneur lacks marketing skills which has made her use poor marketing
techniques. She is still failing to reach her target customers properly.

Task:
Use your Entrepreneurship skills to;
(a) advise the entrepreneur on how to solve the challenges in her business.
(b) advise the entrepreneur on how to make her products reach her customers.

Item 4
Joseph owns a stall in Entebbe central market dealing in a variety of agricultural
produce such as matooke, potatoes, cassava, Tomatoes etc. Many times he stocks
poor quality produce such as rotten potatoes and tomatoes, sour cassava and
poor-quality bananas from farmers which makes his customers complain. More so
the entrepreneur is less innovative in his business. These challenges have made
him fail to capture a big market in the area.

Task:
As a student of Entrepreneurship education, guide Joseph on;
(a) The factors to consider when selecting farmers to supply produce to his
business.
(b) The forms of innovation he can use in his business.
EOC 3: Appreciates business support
Item 1
A group of market vendors in Matugga Mabanda produce market have come
together form a cooperative society to help them save and borrow money to
expand their businesses. In order to achieve this objective, the society leaders
have lobbied the government for financial support. Because of limited know about
the benefits of cooperative societies, the turn up of the members is still low. They
are planning to fulfill their tax obligations timely and to insure their society against
the risks that it may encounter.

Task:
using your Entrepreneurship skills;
(a) Mention the sources that the government can use to raise funds to support
the cooperative society.
(b) i) How will the tax obligations be fulfilled by the society?
(ii) What benefits will the society enjoy for fulfilling the tax obligations
timely?
(c) Guide the members to know the risks that the society is likely to face that
they need to insure against.

Item 2
Otunu is operating a fish farming and processing business owning a number of
assets such as land, buildings, machinery and equipment, vehicles and furniture.
His vehicles are all insured against all possible risks. Many times his machines
break down and affect the production process. Two months ago one of his
buildings caught fire and alot of property was destroyed. Thieves normally
ambush the delivery vehicles and rob the distributors alot of money. Last month
one of his vehicles was involved in an accident and it was destroyed beyond repair.

Task:
using your knowledge of insurance, advise Otunu on;
(a) Other insurance policies to buy to cover his business against risks in his
business.
(b) The procedure for claiming for compensation of the vehicle that was
destroyed.

Item 3
Muganga owns a business enterprise which employs the following people
Kayima George. UGX 320,000
Kasule Micheal. UGX 540,000
Mutyaba Adam. UGX 1,200,000
Musisi Dan. UGX 100,000
These employees are also given medical allowance UGX 100,000, housing
allowance UGX 150,000 and transport allowance UGX 50,000.

Given the table below calculate each employee's income tax payable.
Monthly income (shs) Tax liability
Nil
0-235,000
235,000-335,000 10% of the amount by which
chargeable income exceeds
shs 235,000
335,000 410,000 Shs 10,000 plus 20% of the amount
by which chargeable income
exceeds shs 335,000
Shs 25,000 plus 30% of the amount
410,000 and above by which chargeable income
exceeds shs 410,000 Where
chargeable income exceeds shs
10,000,000 per month, an
additional 10% is charged on the
amount by which chargeable
 income exceeds shs 10,000,000 per
month

b) Muganga also owns rental houses in Mukono and Kampala where he earns
UGX 40,000,000 and UGX 160,000,000 respectively. Given that the rental
income tax threshold is UGX 2,820,000 and the rental tax rate of 12%.
Calculate the rental tax payable by Muganga to the tax authorities.

c) The transactions below were carried out by VAT registered businesses;

(i) Muganga purchased goods worth UGX 2,000,000.

(ii) Muganga sold the same goods to Peter at UGX 3,600,000
(iii) Peter sold the same goods to Jackie at UGX 4,800,000.
(iv) Jackie sold them to the final consumer at UGX 5,350,000.

Task:
Using your knowledge of taxation, determine VAT on the value added at
each stage of distribution using VAT rate of 18%.

Item 4
Musana operates a retail shop in Matugga town. He stocks goods from the
suppliers in Kampala though there are some items he produces himself like
beans, maize, millet and cow peas. He uses traditional methods to operate
his business such as moving to suppliers to get stock, moving to tax offices
to pay taxes, customers can't access his business online because he has not
yet adopted modern technology in his business.
Musana doesn't have a bank account so he keeps his money in the
business and at his home thereby risking his life. He was told that the
procedure for opening a bank account is hectic. He tries to avoid exploiting
his customers, this has attracted him many customers in the area.
Task:
using your Entrepreneurship skills, guide Musana on;
(a) how he can use modern technology to operate his business better.
(b) the requirements and procedure for opening an account in a
commercial bank to increase safety of his money.
(c) in which ways does Musana avoid exploiting his customers?

EOC 4: Applying book keeping skills

Item 1
The following transactions were extracted from the books of BULEGA
ENTERPRISES for the month of December 2022. Unfortunately, Bulega
doesn't know how to prepare books of accounts.
1st December 2022. Cash in hand UGX 98,000,000
Cash at bank UGX 31,000,000
3rd Dec. bought furniture for business use by cash UGX 14,000,000
4th Dec. bought goods by cheque UGX 8,000,000
5th Dec received UGX 230,000 from James and banked it
6th Dec. withdrew money from the bank for business use UGX 40,000,000
8th Dec. paid for insurance by cash UGX 2,000,000
10th Dec. sold goods on credit to Cain UGX 7,000,000
14th Dec. bought goods on credit from Jossy UGX 6,500,000
16th Dec. cash sales to Dick worth UGX.9,400,000 20th Dec. Cain cleared
his account using cheque
23rd Dec. some cash was banked UGX 9,300,000
24th. Dec. paid part of Jossy money by cheque UGX 4,500,000
27th Dec. bought goods by cheque worth UGX 8,400,000
29th Dec. sold an old furniture by cheque UGX 5,000,000
30th Dec. bought a vehicle by cheque UGX 30,000,000
31st Dec. received a cheque of UGX 2,000,000 from Petero
Task:
You have been requested to help Bulega to;
(a) Prepare a relevant book to record the above transactions.
(b) Post the entries to the principal book.
(c) Prepare a statement to prove the arithmetic accuracy as at
31/12/2022.
Item 2
The transactions below relate to Zziwa Traders for the month of
March 2023. But the entrepreneur has limited knowledge about
book keeping.
1st cash in hand UGX 1,000,000
1st cash at bank UGX 3,000,000
2nd cash sales UGX 2,000,000
3rd banked cash received from sales on May 2nd
4th withdrew cash from bank for office use UGX 1,000,000
6th paid for wages by cash UGX 100,000
7th paid rent by cash amounting to UGX 200,000
10th received a cheques worth UGX 500,000 from Kato, less 10%
discount
12th Paid Okello by cheque worth UGX 400,000 less 12 ½ % cash
discounts
15th bought stationery by cheque for UGX 400,000
18th paid power bills by cheque for UGX 800,000
20th cash sales of UGX 1,200,000
27th banked cash worth UGX 1,000,000
Task:
Using your Entrepreneurship skills, help Zziwa to;
(a ) prepare a relevant book of original entry dully balanced as
at the end of the month March 2023
(b ) post the discount accounts to the principal book.

Item 3
1. The following transactions were carried out by Matugga
shoppers during the month of July 2024 and recorded by the
business attendant who doesn't know how to prepare books of
accounts.
2. July bought goods on credit from Opira UGX 10,000,000
3. Sold goods on credit to Wamala UGX 6,000,000
4. Bought goods on credit from Onzima UGX 12,300,000
5. Returned some goods to Opira UGX 1,000,000
6. Credit sales to Kiyonga UGX 1,400,000
7. Wamala returned goods worth UGX 500,000
8. Bought goods on credit from Egesa UGX 20,000,000
9. Credit purchases from Kumagum UGX 5,000,000
10. Sold goods on credit to Tinka UGX 17,000,000
11. Returned some goods to Egesa UGX 1,400,000
12. Credit sales to Ochom UGX 17,000,000
 13. Tinka returned goods worth UGX 2,000,000
14. Credit purchases from Onzima UGX 1,000,000
15. Credit sales to Akwero UGX 1,200,000
16. Returned goods to Onzima UGX 300,000
Task:
Using your Entrepreneurship skills, help the business owner to prepare
books of original entry to record;
a) (i) Credit purchases
(ii) Credit sales
(iii) Purchases returns
(iv)Sales returns
(b)Post the entries to the three principal books.
Item 4
Promise Enterprise had the following information during the financial
year ended 31st Dec 2024. This information was written down by the
entrepreneur who has limited knowledge about book keeping.
Item Amount ( UGX)
Rent and rates. 1,050,000
Purchases. 46,500,000
Audit fees. 750,000
Capital 80,500,000
Stock on 1st Jan 2024 15,000,000
Sales. 85,000,000
Telephone Charges. 300,000
Bank Overdraft. 1,650,000
Purchases returns. 1,500,000
Sales returns. 750,000
Cash in hand 150,000
Machinery 35,000,000
Salaries. 3,750,000
Wages. 5,700,000
Discount received. 750,000
Creditors. 4,650,000
Debtors 8,100,000
Carriage outwards 300,000
Bad debts 450,000
Commission received. 150,000
Furniture 16,800,000
Bank loan 15,000,000
Premises 45,000,000
Goodwill 9,600,000
Stock at 31st Dec 2024 was valued at 20,250,000
Task: Use your Entrepreneurship skills to;
(a) Prepare a financial statement to determine the gross profit or loss
and the net profit or net loss.
(b) Work out a statement of financial position as at 31st Dec 2024
END
Item 1
Kizito, a US based came back to his home village in Nyendo after a
period of ten years. With his savings. He plans to setup a Kindergarten
in the area. However, he has fears of how to start the operations and
also getting to know the nature of his customers and start it jointly but
he fears multiple ownership.
Task.
Using your entrepreneurship skills, guide Kizito on how to solve the
challenges in the scenario.
Item 2.
Shatrah owns a room by the roadside and has saved UgX900,000/=. Her
dream business is either dealing in retail shop or grocery. Her worry is
also on how to raise more capital to boost the business.
Task
Using your entrepreneurship skills, guide Shatrah to;
a) Select an appropriate business.
b) On alternatives for raising more funds.
c) Prepare a marketing plan
Item 3
Kapyata Ivan is an entrepreneur dealing in floriculture business. He
received orders from different clients both within and outside the
country. He is planning to open up more branches in different areas due
to increased clients. His vision is to be the best in floriculture business
and is planning to carry out more research to fulfil the customer’s
needs.
Task
a) Guide him on what to base on in getting a place for another
branch.
b) Help him to develop a suitable tool of getting suitable information
from his clients.
c) Apart from personal saving, what other avenues can he use to
obtain finance for his business.
d) Present the procedures he is to follow in starting up a business in
a new branch.
Item 4
After failing to get a job for a period of 4 years, Musoni felt that life is
no more. His fears ended when he attended an entrepreneurship
symposium where he was given knowledge on how to utilize his idle
land.
Task
a) Help him develop suitable ideas he can generate to effectively use
his land.
b) Guide him on selecting a viable business.
Item 5
Kaboyo, a trader in Arua city is planning to open a Restaurant
offering both local dishes and fast foods. He has been advised to
formalize his business for effective operation but he fears of the
 lengthy procedure due to limited organization. He also needs to
develop a schedule for proper implementation.
Task
Using your entrepreneurship skills;
a) Help kaboyo to solve the challenge he is facing in the scenario
b) Guide him in making a plan to implement his activities.
Item 6
Asiya Matutu resident of village -lira district owns a large , hardware
business which offers both retail and wholesale services. She sources
his materials from countries known for quality
Task
a) Guide her on making a choice of place for her new branches .
b) Guide her on making a plan to carry out production in the new
branches
Item 7
Kizito operated a basket weaving business for two years while making
losses hence the business collapsed .URSB deregistered the business
name. he would like to combine with Hannah and resume the same
business but lacks knowledge about the process.
Task
Using your entrepreneurship skills
a) Guide him on the legal forms of business to undertake.
b) Explain to him the documents for re-registering the business.
c) Help him draft a plan for production.

Item 8
Katama a resident of Kasana Village owns a large Hardware business
which offers both retail and wholesale services. He purchases products
from different countries known for quality production and also sells
them to the surrounding countries like Rwanda, South Sudan and
Tanzania. He plans to open up different branches but has fears of where
to place them.
Task
As an expert in Entrepreneurship,
a) Guide him in making a plan to carry out production in the new
branches.
b) What benefits is he enjoying from purchasing and selling his
materials/products to different countries.
Item 9
4 close friends-Getrude, Amos, Timothy and Otim graduated from
Makerere University with a bachelor’s degree in Education. They
thought of stating a joint business in order to do a way with the
hustle of job seeking. They mobilized some little savings and each
contributed shs5,000,000 making a total of shs20,000,000/=. They
are afraid of having few customers and embarked on a campaign of
getting more customers to boost their sales.
Task
a) Guide them in preparing a plan that help them in boosting sales of
their business.
b) What benefits are they likely to get from their act of being
together in business?
C) Help them to formalize their business.
CONSTRUCT 2: MANAGES BUSINESS
Test Item 1
S.4 ENT students of Pio secondary School in Gulu town owns a
poultry project which they run from May, June, and July. They make a
monthly cash sale of UGX400,000 in a term. They meet some
expenses on purchasing feeds, paying workers, electricity bills, water
bills amounting to UGX100,000, UGX200,00, UGX40,000, UGX50,000
respectively
In the month of June, 2023 their entrepreneurship teacher gave
them a donation of UGX600,000 which boosted their income.
In the month of May 2023, they disposed off their old furniture and
generator at a fee of UGX, 1,000,000.
However, many of their customers complain of delay in receiving
their orders. Their head teacher has promised them a cash boost if
they present good cash flow plan to him.
Task
a) Guide them in preparing a statement of cash flow to present to
the head teacher.
b) Help them to solve the challenges in the scenario.

Item 2.
Mugisha owns a restaurant where he employes 2 waitresses. His
restaurant is currently registering low sales and many of his former
customers now go to other restaurants in the area. Some of
customers were heard complaining that Mugisha’s restaurant is not
on the main road and new people get fail to locate it.
Mugisha now wants revive his restaurant to become competitive.
Task
a) Using your marketing skills, guide Mugisha on how he can address
the challenges.
b) Design for Mugisha an appropriate advert for the restaurant.

Item 3
kabiito a graduate in Agri-business management started a poultry
farm in Luweero village. He used to wake up early in the morning
to look after the birds, providing breeds to them, water, warmers
among others. He separates birds according to their breeds and
this has increased on eggs output and quality chicken. Due the
increased demand for his products, he has expanded the project,
employed more workers and assigned them duties according to
their skills. He plans to purchase an incubator but has fears of the
quality of machine to buy.

Task
a) Help Kabiito to address his concerns of purchasing an incubator.
b) What entrepreneurial characteristics are possessed by Kabiito
in the scenario.
c) How can Kabiito benefit from assigning workers duties basing?
on their skills

Item 4
Amirah a young entrepreneur owns a Juice making business in
Kawempe village. She wakes up early morning to prepare juice for
the customers and closes late. She installed WFI and also a
Television set for her customers. She gets information from the
internet about quality production and is also willing to open up
various branches in the area. Recently one of her workers
accidently poured 5 litres of juice and this reduced on the day’s
profits but she didn’t give up. She is planning for more innovative
ways in her business to produce more unique products. However,
she is afraid of one of her old Juice making machine may break
down any time.
Task
a) Identify the entrepreneurial qualities possessed by Amirah in
management of the restaurant.
b) What benefits is she likely to get as a result of producing new
and unique juice brands.
c) Guide Amirah on how to solve the challenge in the scenario.

Item 5
Odeke owns a restaurant in Lira Municipality. Odeke wakes up
very early to plan for day and always closes the restaurant late.
the restaurant has been using outdated warmers for food, low
quality of its ingredients to cut costs which compromises the taste
and quality of its dishes. The 4 chefs’ conflict over work CAUSING
DELAYS in food and they consistently produce similar menu items
of poor quality. Odeke is passionate about food but lacks
marketing skills, her business social media platform has few
followers and infrequent posts.
Task
a) Advise Odeke on how to solve the challenges in her restaurant.
 b) Identify the qualities possessed by Odeke in management of
the restaurant.

Item 6

Omoding owns a restaurant where he employs 2 waitresses. His

restaurant is currently registering low sales and many of his
former customers now go to other restaurants in the area.
Some of the customers were heard complaining that Omoding’s
restaurant is dirty, there is no delivery services, too noisy, the
workers are rude, inexperienced and they keep on conflicting
on roles even in the presence of their clients.
Omoding now wants to revive his restaurant to become
competitive and attract customers through online media.
Task
a) Using your marketing and production management skills,
guide Omoding on how he can revive his business.
b) Design for him an appropriate advert.

Item 7
Musoni a graduate of Agri-business management started a poultry farm
in Kalewo Village Abim district. She used to wake up early in the
morning to look after the birds’ providing breeds to them, water,
warmers to them among others. He separates birds according to their
breeds and this has increased demand for his products, he has
expanded the project, employed more workers and assigned them
duties according to their skills and also plans to purchase an incubator
Task
a) What entrepreneurial skills are possessed by Musoni?
b) What checklists can Musoni consider when procuring an
incubator?
c) How can Musoni benefit from assigning workers duties basing on
their skills?

CONSTRUCT 3: APPRECIATE BUSINESS SUPPORT

Item 1
Three brothers, Kato, Wasswa and Kizza started a metal
fabrication business using the saving they had accumulated.
Recently, they applied for a TIN after being threatened to be
closed down by the Uganda Revenue Authority. They are afraid of
various uncertainties and are willing to take up policies to manage
them. Some customers had a bitter argument with them over high
pricing and poor-quality products.

Task.
Using your entrepreneurship skills, help kato, Wasswa and Kizza to
solve the challenge in the scenario.
Item 2
Tina Ankunda operates a restaurant called “AGANDI Restaurant
‘’in Rukungiri Trading center-Rukungiri district. She has little
information about bookkeeping and this has made her not
efficient in accurately determining profits of a business. Her
business revealed the following information as at 31st December
2024

Item SHS
Sales 2,000,000
Opening stock 120,000
Stock(31st Dec 2024 80,000
Sales returns 100,000
Returns outwards 15,000
Purchase 700,000
Discount allowed 8,000
Salaries 170,000
Rent and rates 490,000
Interest received 2,600
Drawings 110,000
Debtors 18,000
Overdraft 120,000
Motor van 2,170,000
Equipment 62,000
Cash balance 30,000
Creditors 35,000
Bank loan 230,000
Machinery 130,000
Carriage outwards 30,000

Task
Tina Ankunda has approached you for technical assistance, guide
her on how to accurately determine the profit for her business.

Item

Ruhamya owns a construction firm in Mbarara city. He tried to

determine the arithmetic accuracy of his ledgers in order to
prepare a statement of comprehensive income but failed. This was
due inadequate skills in book keeping. He has presented to you
the following as at 31st Dec 2022.

details DR SHS CR SHS

Opening stock 10,370,000
Purchases 80,000,000
Rent 45,000,000
Insurance 1,870,000
Salaries and wages 9220,000
Overheads 1,600,000
Motor vehicle 5,840,000
repair
Sales 97,800,000
Motor van 10,5000,0000
 Telephone 2,522,0000
expenses
Creditors 19,750,000
Premises 82,000,000
Furniture 10,112,000
Bank cash 8,484,000
Drawings 14,166,000
Capital 100,794,000
Cash balance 5,000,000
loan 53,000,000
Total 262,834,000 279,864,000

Additional information
Closing stock was valued at UGX15,350,000
Task:
a) Help Ruhamya to determine the arithmetic accuracy of the
ledgers.
b) Guide him in preparing a statement of comprehensive income.

Item
Nakato Shakirah is a young entrepreneur who owns a juice in Gayaza.
Due to limited skills in accounting and bookkeeping, she has presented
to you the following records for technical assistance.
SHAKI Juice Processors Ltd as at 31st December 2023.

Particulars UGX (‘000’)

Opening stock 500
Premises 24,000
Sales 52,000
Returns inwards 3,000
Purchases 28,000
Salaries and wages 3,500
Furniture 2,500
Discount allowed 750
Discount received 450
Returns outwards 180
Machinery 14,000
Rent 560
Advertising 1,040
Insurance 380
Overheads 720
Debtors 6,000
Creditors 4,300
Cash 240
Overdraft 1,860
Drawings 600
Capital 31,500
Closing stock 6000
Depreciation of machinery 2800

Task
Guide Nakato Shakirah on how to
a) Determine the arithmetic accuracy of her business
b) Prepare a statement of comprehensive income .
Item
Kizito owns a poultry project which has over 2000 birds. He takes
Daily records on which has enabled him to balance off his financial
records. Recently he got various inquiries from different customers
about his products. He replied all their inquiries with various supportive
documents until when the business transaction was complete.
Task Help him in preparing relevant documents to aid in carrying out
the transactions

Item
Skilling the youth programme by the government has done some
impact to the youth of Bwaise village. A youth group known as “Fight
Poverty Group” led by Kato Hamuza started a Metal Fabricating project
and are making a variety of products. They make doors, door frames,
window frames, beds and other machinery. They won many tenders of
supplying products to different areas which has increased their sales,
profits and more recognition from the community. They have developed
an App for customers to access their products online. However they are
afraid of the possible uncertainties that can be fall their businesses.
Task:
a) What uncertainties are likely to befall their business?
b) What benefits are they likely to get for putting their products
online?
c) Identify the indicators from the scenario that show that youths’
business intentions were realized
Item
Katana Susan owns a Furniture Mart in her village. She produces
wooden furniture using outdated equipment resulting to accidents and
injuries to workers and clients, low market for the products and delayed
completion of customers’ orders. The Mart has been threatened to be
closed due to unpaid taxes to URA. The furniture made take long to be
sold and this reduces production of more products and workers take
long to be paid among others. Katana Susan is trying her best to restore
the glory of her workshop but still stranded
Task
Guide Katana Susan on how to:
a) Revive her business
b) Solve the challenges faced by her business.

Item
Kamoga operates a restaurant in kagyando village .Due to the
need to expand the business size, he thought of securing some
loans to boost his capital base and he also plans to insure it to
safe guard it against possible uncertainties but all are delayed
because the business is not tax complement
Task
Help him to solve the challenges mentioned in the scenario.