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2 Statement of Account (11 Marks) Study the following account that Rebecca received from The Fab Store for March 2019, and then answer the questions
2 Statement of Account (11 Marks) Study the following account that Rebecca received from "The Fab Store" for March 2019, and then answer the questions that follow: "THE FAB STORE R. Bloom Account No: 645145-9 101 High Tower Road Date: March 2019 New York Credit Limit: $2 500 30 Days (less 5%) DR CR March 19 Balance $1 720 $1 840 A $100 $650 1 Balance 3 Invoice no 1129 10 Receipt no 520 13 Invoice no 1 456 18 Invoice no 1 560 19 Credit note no 1005 22 Interest 25 Invoice no. 1 723 30 Receipt no. 1 853 C $450 $17 $125 ID $2 390 $2 690 $2 240 $2 257 $2 382 $2 182 2.2.1 Complete the missing amounts labelled A to D 2/4 2.2.2 Rebecca does not understand the words "30 Days (less 5%)" that are printed on her account. Write one sentence to explain the meaning of these words to her. (1) 2.2.3 Write a sentence to fully explain the selected transactions to Rebecca according to the dates provided below. Remember to include amounts: (3) 22 2.2.4 Is "The FAB Store" adequately controlling the amount that they allow Rebecca Bloom to purchase on credit? Give a reason, stating amounts, for your answer. (3)
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