Page 36 - F6 Slide - VAT Part 2 - Lecture Day 5
P. 36

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
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