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,FINANCE:
FINANCIAL DOCUMENTS
Work with documents relating to workplace and small business finance, including:
• pay slips;
• budgets;
• quotations;
• invoices;
• receipts;
• travel allowance/claim forms; banking documents
QUESTION 1
Study the invoice below and answer the questions that follow
A
1.1 Write down the invoice date in full. (2)
1.2 Determine (A), the number of graphic designs were purchased on this invoice. (2)
1.3 Show by calculations how the value of R991.20 was calculated. (2)
1.4 Identify the name of a company that received this invoice. (2)
1.5 Determine in a simplified ratio the quantity of newsletter management to web
development. (2)
1.6 Show by calculations, how the sub total of R7 080 was calculated (3)
1.7 In which town the company that issued the invoice be found? (2)
2
,QUESTION 2
Below is the deposit slip for the bank. Study the deposit slip below and answer the
questions that follow.
2.1 Write down depositer’s name. (2)
2.2 Identify the the account number on this bank deposit slip. (2)
2.3 What was the amount that was deposit into the bank account. (2)
2.4 If the bank charges 0.93% for this deposit, determine the deposit the bank charged. (2)
QUESTION 3
Handy Hardware store receive their bank statement every month. Study the bank
statement below and answer the questions that follows.
3.1 Give the bank statement period issued on this statement. (2)
3.2 Explain the term balance brought forward according to the given context (2)
3.3 Give ONE reason why contact numbers are given on the bank statement (2)
3.4 Determine the value of :
a) A, deposit on the 16 March 2019
b) B, Cheque reference 109 on the 31 March 2019
c) C, the service fee. (6)
3.5 Identify the reference with the transactional entry amount to R570 (2)
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, Handy Hardware Store: 081 258 2772 ABC BANK- Registered Bank:
27 Oliver Road 050 368 1425
Durban PO box 222
4006 Johannesburg
Bank statement No.52 Page 1 of 1 2001
Date of statement :01 April 2019
Bank statement for the period of 01 March 2019 to 31 March 2019
Date Transaction Ref Debit Credit balance
01 March 2019 Balance brought forward 3 193.00
01 March 2019 Deposit D5000 5 000.00 8 193.00
16 March 2019 Deposit D5001 3 000.00 A
31 March 2019 Cheque 106 342.00 10 851.00
31 March 2019 Cheque 107 570.00 10 261.00
31 March 2019 MMM rentals-DO 108 750.00 9 531.00
31 March 2019 Cheque 109 B 9 381.00
31 March 2019 Cheque 110 285.00 9 096.00
31 March 2019 Cheque 111 100.00 8 996.00
31 March 2019 Service fee SF C 8 951.00
Definition of Deposits Interest Cheques Unpaid Bank charges
codes received cheques
Co commission 8 000.00 0.00 2 197.00 0.00 45.00
DO debit order IMPORTANT NOTICE
INT interest Statement are accepted as correct unless queried within 30 days. Any
SF service fee cheques reflected on this statement. Which are not attached will be
UC unpaid cheque included with your next statement.
TARIFFS SYSTEM
You must be able to work with the following tariff systems:
• Municipal tariffs
• Telephone tariffs
• Transport tariffs
• Bank fees.
QUESTION 1
Ms Elsie Jacobs wants to relocate to Polokwane while her son would be staying in Gauteng. City of
Johannesburg belongs to one of the metros in Gauteng. She is checking whether she would afford life in
Polokwane by comparing electricity bills.
POLOKWANE MUNICIPALITY
RESIDENTIAL TARIFFS: Prepaid
Energy Energy charge Energy charge Units
(kWh) Cents/Month Cents/Month
Summer/Winter 2017 Summer/Winter 2018
Block 1: (0 – 50) 83.00c 90.05c 0/kWh
Block 2: (51 – 350) 104.00c 112.84c 0/kWh
Block 3: (351 – 600) 153.00c 166.00c 0/kWh
Block 4: (> 600) 184.00c 199.64c 0/kWh
Electricity tariffs
The average increase of 8.5% is as applied to the National Regulator of South Africa.
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