Foundation November 2021 Paper 3 Q5
5 Complete the bank statement. [3 marks]
| Date | Description | Credit (£) | Debit (£) | Balance (£) |
|---|---|---|---|---|
| 01/05/2020 | Starting balance | 670.43 | ||
| 08/05/2020 | Salary | 2156.75 | ||
| 11/05/2020 | Water bill | 48.97 | ||
| 18/05/2020 | Mortgage payment | 1642.49 |
| Answer | Mark | Comments |
|---|---|---|
| 2827.18 | B1 | |
| 2778.21 | B1ft | ft their 2827.18 \(-\) 48.97 |
| 1135.72 | B1ft | ft their 2778.21 \(-\) 1642.49 |
Additional guidance
| B1B1B1 | |||||||||||||||||||||||||
| All three correct B1 values must be in the correct place for B1B1B1 | ||||||||||||||||||||||||||
| 2827.18 and 2778.21 and 1135.72 but not all of them in the correct place can only score 2 marks | ||||||||||||||||||||||||||
| Condone £ and p on values | ||||||||||||||||||||||||||
| Condone incorrect money notation for ft eg \(2827.27 - 48.97 = 2778.3\) | B0B1ft |