Page 69 - ADVANCED TAXATION - Day 1 Slides
P. 69
Solution
Internet banking fee (R73,92 × 14/114) 9,08
Service fee (R162,35 × 14/114) 19,94
Transaction costs (R83,90 × 14/114) 10,30
Administration costs (R14,00 × 14/114) 1,72
Interest charged on overdraft nil
Interest received on positive bank balance nil
Cost for cheque book (R18,20 × 14/114) 2,24
