QUESTION 1 1.1
Amooh Siya has a savings account at CPT Bank. On ANNEXURE A is a statement for
the period 22/10/2015 to 20/12/2015. Some of the amounts have been omitted.
Use the information on ANNEXURE A to answer the questions that follow.
1.1.1
Deterinine the balance in the savings account on 22/10/2015.
(2)
1.1.2
(2)
1.1.3
Calculate the monthly interest amount on 31/10/2015.
G46.95
To prevent fraud, the bank omits the last four digits from the account
number. Give an example of a possible account number for this statement.
nd
Name the person who transferred an amount of money into this account.
(2)
1.1.4
(2)
1.1.5
Write down the number of unprocessed transaction items on this
statement.
(2)
1.1.6
The total VAT inclusive amount on this statement is R19,60.
(a) Show how this amount was calculated.
(2)
(b) Calculate the VAT amount for R19,60.
(3)​