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3.2.1 Copy Koketso's statement and complete the balance column as a running total 3.22 What is Koketso's balance at the end of March? 3.23 Koketso aims to keep a minimum balance of R2500 in his account to eam interest. Is he succeeding?

3.2.1 Copy Koketso's statement and complete the balance column as a running total 3.22 What is Koketso's balance at the end of March? 3.23 Koketso aims to keep a minimum balance of R2500 in his account to eam interest. Is he succeeding?

FINANCIAL ACCOUNTING
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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Answer the whole of 3.2
19:43 ul 4G 31 Maria invests RS0 000 in an investment account where she eams 5% interest per annum. How much money will she make per vear? 32 The following is incomplete bank statement for koketsos savings accourt at the end of March Date 27/02/2013 Transaction OPENING BAL INTEREST ON CREDIT BALANCE CHEQUE (SALARY) ATM CASH ATM CASH ATM DEPOSIT SPENDLESS DEBIT CARD Payment Deposit Balance 2304,85 1/03/2013 13,95 1/03/2013 1/03/2013 5/03/2013 10/03/2013 2100,00 400,00 800,00 600,00 22/3/2013 235,95 PURCHASE 3.2.1 Copy Koketso's staternent and complete the balance column as a running total 3.2.2 What is Koketso's balance at the end of March? 3.2.3 Koketso aims to keep a minimum balance of R2500 in his account to eam interest. Is he succeeding? Add a caption... > Status (Custom) +
Transcribed Image Text:19:43 ul 4G 31 Maria invests RS0 000 in an investment account where she eams 5% interest per annum. How much money will she make per vear? 32 The following is incomplete bank statement for koketsos savings accourt at the end of March Date 27/02/2013 Transaction OPENING BAL INTEREST ON CREDIT BALANCE CHEQUE (SALARY) ATM CASH ATM CASH ATM DEPOSIT SPENDLESS DEBIT CARD Payment Deposit Balance 2304,85 1/03/2013 13,95 1/03/2013 1/03/2013 5/03/2013 10/03/2013 2100,00 400,00 800,00 600,00 22/3/2013 235,95 PURCHASE 3.2.1 Copy Koketso's staternent and complete the balance column as a running total 3.2.2 What is Koketso's balance at the end of March? 3.2.3 Koketso aims to keep a minimum balance of R2500 in his account to eam interest. Is he succeeding? Add a caption... > Status (Custom) +
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