I Lebo is o learner who lives in the Stanger area. He attends Stanger I Comprehensive School, which has an enrolment of 450 learners. The school had many fund raising activities during the course of the year. They roised an amount of R 24 500, fowards the schools Sports and Fun day. Meals were budgeted at R 18 per learner. Sound and entertainment amounted to 10% of the total amount raised. Mr Pillay, the school principal decided to donate R BO0 The sports stadium costs double the amount spent on banners and togs 1.1) Study the budget for the school sports and Fun day, then answer the questions set: INCOME EXPENSES income from fund raising R 24 500 Hire of stadium A. Donation R BO00 Meals Banners & tags R 1250 Sound and entertainment Admin & telephone R250 TOTAL INCOME AMOUNT LEFT OVER AFTER EXPENSES HAVE BEEN PAID 1.1.1 Calculate the values indicated by A, B.C. D, E 1.1.2 Verify whether a surplus or a deficit was made Sutbstantiate your answer
I Lebo is o learner who lives in the Stanger area. He attends Stanger I Comprehensive School, which has an enrolment of 450 learners. The school had many fund raising activities during the course of the year. They roised an amount of R 24 500, fowards the schools Sports and Fun day. Meals were budgeted at R 18 per learner. Sound and entertainment amounted to 10% of the total amount raised. Mr Pillay, the school principal decided to donate R BO0 The sports stadium costs double the amount spent on banners and togs 1.1) Study the budget for the school sports and Fun day, then answer the questions set: INCOME EXPENSES income from fund raising R 24 500 Hire of stadium A. Donation R BO00 Meals Banners & tags R 1250 Sound and entertainment Admin & telephone R250 TOTAL INCOME AMOUNT LEFT OVER AFTER EXPENSES HAVE BEEN PAID 1.1.1 Calculate the values indicated by A, B.C. D, E 1.1.2 Verify whether a surplus or a deficit was made Sutbstantiate your answer
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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