Gr 10 Math Lit: Ch 4.1 Financial Documents

<p>Credit limit</p> Signup and view all the answers

<p>Transport Tariffs</p> Signup and view all the answers

<p>To detail purchases, payments made, and amounts owed</p> Signup and view all the answers

<p>To manage personal and household finances</p> Signup and view all the answers

<p>The items or services purchased, their costs, and any outstanding amounts to be paid</p> Signup and view all the answers

<p>Credit</p> Signup and view all the answers

<p>Charges for electricity, water, and waste disposal</p> Signup and view all the answers

<p>To make payments easily</p> Signup and view all the answers

<p>A fixed extra cost added to the cost of most items and services in South Africa, calculated at 15%</p> Signup and view all the answers

<p>The amount due on the account before the current month's expenses</p> Signup and view all the answers

<p>The amount due on the account after adding the current month's expenses</p> Signup and view all the answers

<p>To request payment for municipal services used</p> Signup and view all the answers

<p>It is the date when the invoice was generated</p> Signup and view all the answers

<p>To uniquely identify the account</p> Signup and view all the answers

<p>Money owed</p> Signup and view all the answers

<p>To make cash payments at a bank</p> Signup and view all the answers

<p>To determine the municipal tariffs</p> Signup and view all the answers

<p>15%</p> Signup and view all the answers

<p>The opening balance is the amount due before the current month's expenses, and the closing balance is the total amount due after adding the current month's expenses</p> Signup and view all the answers

<p>Both fixed and variable charges</p> Signup and view all the answers

<p>To show the amount of credit still available for use</p> Signup and view all the answers

<p>Fixed rates that vary depending on the amount of usage</p> Signup and view all the answers

<p>Purchases, payments made, and amounts owed</p> Signup and view all the answers

<p>To provide a receipt for a purchase</p> Signup and view all the answers

<p>The time of payment</p> Signup and view all the answers

<p>To request payment for municipal services rendered</p> Signup and view all the answers

<p>VAT registration number of the resident</p> Signup and view all the answers

<p>The total amount due after adding the current month's expenses</p> Signup and view all the answers

<p>It determines the due date for payment</p> Signup and view all the answers

<p>A debt is money owed, while a credit is money paid into an account</p> Signup and view all the answers

<p>To serve as proof of payment for a purchase</p> Signup and view all the answers

<p>The tariff system used by the municipality</p> Signup and view all the answers

<p>They affect the tariff rate used for municipal services</p> Signup and view all the answers

<p>One is used for electricity and water, while the other is used for landline and mobile phone usage.</p> Signup and view all the answers

<p>To show the amount of credit still available for use.</p> Signup and view all the answers

<p>Fixed charges for line rental.</p> Signup and view all the answers

<p>One is paid in advance, while the other is paid after usage.</p> Signup and view all the answers

<p>To vary rates based on usage.</p> Signup and view all the answers

<p>To detail payments made and amounts owed on a store account.</p> Signup and view all the answers