Statement date: 30 May 2012Frequency: MonthlyAccount name: Mr PP JonathanAccount number: 129211361330 April 2012 to30 May 2012Statement period:Type: Current accountBranch: Claremont (129236)Overdraft limit R10 0002.Interest on overdraft:Up to R5 000: 9%Above R5 000: 13,5%DateTransaction detailsDebits CreditsBalance- R2 260,002012-04-30 Opening balance2012-05-01Stop order - Rent1 500,00- R3 760,002012-05-01Debit order - Multichoice225,00- R3 985,00In- R4 185,00- R4 605,002012-05-03ATM cash withdrawal200,002012-05-05Debit transfer420,002012-05-08Cash deposit (branch)500,00- R4 105,002012-05-09ATM cash withdrawal300,00- R4 405,002012-05-12Checkers - debit card purchase530,00- R4 935,0022012-05-24Credit transfer1 000,00- R3 935,002012-05-25Interest29,51R3 964,5122012-05-29 Transaction fees182,60- R4 147,11Refer2012-05-292012-05-29 Salary EFT depositOverdraft service fee24,00- R4 171,1110 500,00R6 328,893.3.Closing balanceR6 328,891.1What type of bank account is this?1.2What is the name of the bank?1.3What is the name of the account holder?1.4Give the name of the branch and branch code.1.5What period of time is represented by the statement?Comurdeshe A T ha Anc -Cole L-HomenctkUNIT 5: BANKING, LOANS AND INVESTMENTS

Types of Bank accounts: Saving account Current account Fixed deposit account Recurring deposit…

1 BR Bank Account name: Mr PP Jonathan Statement date: 30 May 2012 Account number: 1292113613 Frequency: Monthly 30 April 2012 to 30 May 2012 Statement period: Type: Current account Branch: Claremont (129236) Overdraft limit R10 000 Interest on overdraft: Up to R5 000: 9% Above R5 000: 13,5% Date Transaction details Debits Credits Balance 2012-04-30 Opening balance -R2 260,00 - R3 760,00 - R3 985,00 2012-05-01 Stop order - Rent 1 500,00 2012-05-01 Debit order - Multichoice 225,00 2012-05-03 ATM cash withdrawal 200,00 R4 185,00 2012-05-05 Debit transfer 420,00 R4 605,00 2012-05-08 Cash deposit (branch) 500,00 R4 105,00 %3D 2012-05-09 ATM cash withdrawal 300,00 R4 405,00 2012-05-12 Checkers - debit card purchase 530,00 - R4 935,00 2012-05-24 Credit transfer 1 000,00 R3 935,00 2012-05-25 Interest 29,51 R3 964,51 2012-05-29 Transaction fees 182,60 R4 147,11 2012-05-29 Overdraft service fee 24,00 - R4 171,11 2012-05-29 Salary EFT deposit 10 500,00 R6 328,89 Closing balance R6 328,89 1.1 What type of bank account is this? 1.2 What is the name of the bank? 1.3 What is the name of the account holder? 1.4 Give the name of the branch and branch code. 1.5 What period of time is represented by the statement?

1 BR Bank Account name: Mr PP Jonathan Statement date: 30 May 2012 Account number: 1292113613 Frequency: Monthly 30 April 2012 to 30 May 2012 Statement period: Type: Current account Branch: Claremont (129236) Overdraft limit R10 000 Interest on overdraft: Up to R5 000: 9% Above R5 000: 13,5% Date Transaction details Debits Credits Balance 2012-04-30 Opening balance -R2 260,00 - R3 760,00 - R3 985,00 2012-05-01 Stop order - Rent 1 500,00 2012-05-01 Debit order - Multichoice 225,00 2012-05-03 ATM cash withdrawal 200,00 R4 185,00 2012-05-05 Debit transfer 420,00 R4 605,00 2012-05-08 Cash deposit (branch) 500,00 R4 105,00 %3D 2012-05-09 ATM cash withdrawal 300,00 R4 405,00 2012-05-12 Checkers - debit card purchase 530,00 - R4 935,00 2012-05-24 Credit transfer 1 000,00 R3 935,00 2012-05-25 Interest 29,51 R3 964,51 2012-05-29 Transaction fees 182,60 R4 147,11 2012-05-29 Overdraft service fee 24,00 - R4 171,11 2012-05-29 Salary EFT deposit 10 500,00 R6 328,89 Closing balance R6 328,89 1.1 What type of bank account is this? 1.2 What is the name of the bank? 1.3 What is the name of the account holder? 1.4 Give the name of the branch and branch code. 1.5 What period of time is represented by the statement?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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