You are given a bank statement. Answer the following questions based on the statement.

Welcome back michelle — missed you this week. Here are the solutions to the banking document questions: 1. The opening balance is One thousand three hundred ninety-six Rand and ninety-eight cents. 2. In a bank statement, a debit is money taken out of the account, reducing the balance. A credit is money put into the account, increasing the balance. 3. Step 1: Identify all bank charges from the statement. • Cash deposit fee: R48.00 • ATM charge (5/8): R7.50 • ATM charge (6/8): R7.50 • ATM charge (7/8): R0.00 (nil) Step 2: Sum the identified bank charges. Total charges = R48.00 + R7.50 + R7.50 + R0.00 = R63.00 The total amount paid in bank charges is R63.00. 4. Step 1: Locate the transaction on 4/8 that increased the balance. The "Medical Aid refund" transaction on 4/8 shows a credit of R765.56. Step 2: State the amount and reason. The amount deposited into the account on 4/8 was R765.56 for a Medical Aid refund. 5. The ATM withdrawal on 7/8 would have a nil (zero) charge if it was done at an ATM belonging to the same bank as Themba's account, or if Themba has a specific account package that waives ATM withdrawal fees. 6. Step 1: Calculate balance A. The balance before "Nu-metro movies" was R1,396.98. The "Nu-metro movies" transaction is a debit of R72.00. Balance A = R1,396.98 - R72.00 = R1,324.98 Step 2: Write balance A in words. Balance A is R1,324.98 . In words, it is One thousand three hundred twenty-four Rand and ninety-eight cents. 7. Step 1: Calculate balance B. The balance before "Medical Aid refund" was R3,839.00. The "Medical Aid refund" transaction is a credit of R765.56. Balance B = R3,839.00 + R765.56 = R4,604.56 Balance B is R4,604.56 . 8. Themba is having a current account (also known as a checking account), which is used for daily transactions like withdrawals, deposits, and payments. 9. ATM stands for Automated Teller Machine. Send me the next one 📸