February 2025

Balance of Payments

By |2025-02-12T09:23:38+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Balance of payments. Image credit therecordingrevolution.com Balance of payments. Image credit therecordingrevolution.com ZIMSEC O Level Commerce Notes: Balance of Payments (B.O.P)

Balance of payments (B.O.P)

  • This is the difference between Zimbabwe’s total earnings (receipts) and total expenditure.
  • Exported goods and services less imported goods and services.
  • It is calculated for a given year.
  • When the […]
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Certificate of origin

By |2025-02-12T09:40:13+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit kkfreight.com Image credit kkfreight.com ZIMSEC O Level Commerce Notes: Certificate of Origin

Certificate of origin

  • Specifies the name of the country which goods being exported have been manufactured e.g. Made in China.
  • Required for the assessment of amount of duty to be charged on imports from the country of origin.
  • Required when customs […]
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Commerce: Advantages and Disadvantages of Partnerships

By |2025-02-12T09:03:37+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit registrogiulia.info Image credit registrogiulia.info ZIMSEC O Level Commerce Notes: Advantages and Disadvantages of Partnerships

Advantages

  • Management is duties are shared amongst the partners.
  • More capital can be raised.
  • More skills are available resulting in better quality decision making.
  • Specialisation is possible.
  • Partners can consult one another.
  • There are fewer legal formalities.
  • Losses are shared amongst partners.

Disadvantages

  • Disputes may […]
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PBC: Statement of Incorporation

By |2025-02-12T09:15:05+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit resourcefulrealacademy.com Image credit resourcefulrealacademy.com ZIMSEC O Level Commerce Notes: PBC: Incorporation Statement

  • Is prepared and drafted by a PBC.
  • Contains:
  • the name of the PBC ending with the words Private Business Corporation or PBC.
  • Postal address of the PBC.
  • Physical address of the registered office.
  • Full name and National Identity number of each […]
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Importance of Transport

By |2025-02-12T09:30:02+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

An oil pipeline. Image credit MediaWiki An oil pipeline. Image credit MediaWiki ZIMSEC O Level Commerce Notes: Aids to Trade: Transport

  • Enables one to carry:
  • raw materials.
  • Finished goods.
  • Partly finished goods.
  • Spare parts.
  • Equipment and machinery.
  • Executives.
  • Sales persons whilst at work.
  • Workers to and from work.
  • Can be used to advertise.
  • Goods can be carried by road, rail, air,sea, pipeline.
  • Ives […]
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Animal Parasites and diseases

By |2025-02-12T09:30:38+02:00February 12th, 2025|Notes, O Level Science Notes, Ordinary Level Notes|

Ticks on bull. Image credit morningagclips.com Ticks on bull. Image credit morningagclips.com ZIMSEC O Level Combined Science Notes: Animal Parasites and diseases

  • Farmers in Zimbabwe typically raise goats, cattle, chickens and sheep.
  • Disease spread much more quickly where large numbers of the same type of livestock are kept close together when compared […]
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Reasons for the building of Great Zimbabwe Walls

By |2025-02-12T09:14:18+02:00February 12th, 2025|Notes, O Level History Notes, Ordinary Level Notes|

The Great Zimbabwe Walls. Image credit MediaWiki The Great Zimbabwe Walls. Image credit MediaWiki ZIMSEC O Level History Notes:Great Zimbabwe: Reasons for the Building of the Great Zimbabwe Walls

  1. It was built as a trading center.
  2. It was a Religious center.
  3. It was a dwelling place (for the royal family).
  4. It was a symbol […]
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Portuguese attempts to colonise the Mutapa State

By |2025-02-12T09:43:13+02:00February 12th, 2025|Notes, O Level History Notes, Ordinary Level Notes|

Early Portoguese Soldiers. Image credit twcenter.net Early Portuguese Soldiers. Image credit twcenter.net ZIMSEC O Level History Notes: The Portuguese in Zambezi Valley: Portuguese attempts to colonise the Mutapa State

  • Due to a decline in trade the Portuguese decided to send an emissary to the Mutapa State
  • He was tasked with tracing […]
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Making Entries from Sales Day Book into the Sales Ledger Example

By |2025-02-12T09:07:06+02:00February 12th, 2025|Notes, Ordinary Level Notes, Principles of Accounts Notes|

Image credit: Frank Wood's Business Accounting 1 Image credit: Frank Wood’s Business Accounting 1 ZIMSEC O Level Principles of Accounts Notes: Posting to the Sales Ledger from the Sales Day Book

You are a bookkeeper for G Moyo. He are asks you to enter into the Sales Day Book the following transactions […]

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