Kindly help me understand this

demajor

Village Elder
#1
A tourist arrives in Nyeri looking for a place to sleep. He gets into Kirathimo Lodge, slaps Kshs. 3K on the counter & heads straight upstairs to select a 3rd-floor room. Kigwaru the cashier, grabs the 3K, dashes out to pay the butcher 3K for the meat supplied. The butcher rushes out to pay the goat farmer 3K for supplies. The farmer settles his 3K debt at the Agro-feeds & Vet shop. The Vet shopkeeper Sneak's out to pay 3K to Kirathimo lodge & clears his debt for the rooms he used earlier that week. As he happily leaves for the door, the Italian tourist returns downstairs & asks Kigwaru for his 3K, stating he didn't like any of the unkept rooms & will try Nanyuki town before dusk. As he takes back the money he's no idea how he has set everyone free of debt but no money has been left circulating in town... But at least, debts have been settled....
The Big Question is.... How do you explain that about 5 debts of 3k each was cleared by only 3k which in fact was never spent? Is this Accounting? Is it Economics? Or is it an illusion of Commerce?
 

Nattydread

Village Chief
#5
A tourist arrives in Nyeri looking for a place to sleep. He gets into Kirathimo Lodge, slaps Kshs. 3K on the counter & heads straight upstairs to select a 3rd-floor room. Kigwaru the cashier, grabs the 3K, dashes out to pay the butcher 3K for the meat supplied. The butcher rushes out to pay the goat farmer 3K for supplies. The farmer settles his 3K debt at the Agro-feeds & Vet shop. The Vet shopkeeper Sneak's out to pay 3K to Kirathimo lodge & clears his debt for the rooms he used earlier that week. As he happily leaves for the door, the Italian tourist returns downstairs & asks Kigwaru for his 3K, stating he didn't like any of the unkept rooms & will try Nanyuki town before dusk. As he takes back the money he's no idea how he has set everyone free of debt but no money has been left circulating in town... But at least, debts have been settled....
The Big Question is.... How do you explain that about 5 debts of 3k each was cleared by only 3k which in fact was never spent? Is this Accounting? Is it Economics? Or is it an illusion of Commerce?
There is no riddle here. If Kirathimo Lodge paid the tourist back, it means that they had another 3k somewhere apart from the the tourist's down payment.

If you want to really lose 3k in a hole, PM @Female Perspective.
 

Phylgee

The canary gem enchantress
#14
Kigwaru the cashier, grabs the 3K, dashes out to pay the butcher 3K for the meat supplied.
The Vet shopkeeper Sneak's out to pay 3K to Kirathimo lodge & clears his debt for the rooms he used earlier that week
Italian tourist returns downstairs & asks Kigwaru for his 3K,
But at least, debts have been settled....
The debts might have been cleared but the hotel will suffer a loss of 3k...
 
#17
[8/30, 9:45 AM] Tegemea Newton: LET'S BREAKDOWN THAT QUESTION SINCE NO ONE SHOW INTEREST TO ANSWERING YOU , I'm not answering the question as economist because I have diploma in electronics and telecommunication engineering and I have not acquire any diploma or degree in economy so that I can have that title of economist,so I will answer your question as a normal regular guy with just curiosity and reasoning so let's start
[8/30, 9:53 AM] Tegemea Newton: FIRSTLY,in order to answer the question you have to know the meaning of the following words,so that you don't have to messy up the question which is definitely an IMAGINATIVE QUESTION and has no sense in reality in terms of situations happens in the question because there is a lot more than that.......
[8/30, 9:57 AM] Tegemea Newton: And the designer of the question is just like you and me and his/her intention was not to answer the question,the intention was to obtain the information on the question about "MONEY CYCLING"(MZUNGUKO WA FEDHA") but if he/she want an answer to that question here is how we summarize for him/her
[8/30, 9:57 AM] Tegemea Newton: ✍️✍️✍️✍️✍️
[8/30, 10:08 AM] Tegemea Newton: At the buttom of the question he/she says "is this accounting?" First we have to know the meaning of accounting
1.) accounting-is the systematic and comprehensive recording of financial transaction pertaining to a business. Let's go back to question
As soon as ITALIAN TOURIST slaps ksh.3k to the counter,Mr kigwaru the cashier take that money 3k and dashes out pay the butcher 3k for meat supplies and the designer of the question doesn't tell us if Mr kigwaru recording that money transaction anywhere in the cashier book .SO it's definitely not agree with definition of account so "IS NOT ACCOUNTING"
[8/30, 10:09 AM] Tegemea Newton: IS IT ECONOMICS?????? Let's see.....................what is the meaning of economics.
[8/30, 10:36 AM] Tegemea Newton: ECONOMICS according to google- is the social science that studies the production, distribution and consumption of goods and services.SO MAY BE THE QUESTION CAN BE USED AS SOCIAL SCIENCE STUDY because
1.) We see Mr kigwaru pay 3k to the butcher guy for the meat supplies,so it means there is "CONSUMPTION OF MEAT"
2.)We see Italian tourist pay 3k to the counter of kirathimo lodge and go upstairs to select 3rd floor room,so it means there is "DISTRIBUTION OF SERVICES"
3.)We see the butcher pay goat farmer 3k for the supplies.so it means there is "PRODUCTION OF MEAT" AND forget all IMAGINATIVE bla bla bla bla ........................... That the goat farmer go and settled his debt to the "agro feed and vet shop" and also shopkeeper also sneaks out to pay 3k to kirathimo lodge it's all designer made up......................
[8/30, 10:40 AM] Tegemea Newton: SO MAY BE THE QUESTION CAN BE FALLING IN THE ECONOMICS PERCEPTION according to the definition of economics,the question explain ECONOMICS itself.
[8/30, 10:52 AM] Tegemea Newton: IS IT AN ILLUSION OF COMMERCE.NOP................ first you have to know the definition of commerce and rephrase that sentence accordingly let's get to it and see if the illusion is up to the question itself or commerce in terms.
[8/30, 11:01 AM] Tegemea Newton: COMMERCE-Is the exchange of goods or services for money or in kind , usually on a scale Large enough to acquire transportation from place to place or across city,state or national boundaries.SO first the question agree with definition of commerce interms of exchange of goods or services for money
1.) We see Italian tourist pay 3k to the counter to get room services.
2.) We see butcher guy pay 3k to get goat's as goods for exchange.
3.)We see the shopkeeper pay 3k as a debt for room services he occupied last week according to the QNS.
[8/30, 11:09 AM] Tegemea Newton: HERE IS WHERE AN ILLUSION COME FROM according to the definition of commerce
Exchange in LARGE SCALE!!!!!!!!!!!!!!!
The designer of the question doesn't say
1.)The butcher order how many goat's is it 10,20 ,60 or 100??????????????????
2.)How the goat's get to the butcher guy from goat former is it by transportation??????????????? So those info were not provided to the question then is not an ILLUSION OF COMMERCE is just COMMERCE PURELY.but since the info was not provided to the question then it will remain "AN ILLUSION OF COMMERCE”
 

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