The company bank account has a positive balance of R5 715,00 . You then buy a computer costing R7 750,00, and a chair costing R899,99. What will the balance be on the company account after these purchases?

After purchasing the computer for R7,750.00 and the chair for R899.99, you would first need to calculate the total amount spent. The total is R7,750.00 + R899.99 = R8,649.99. Now, subtract this total from your initial balance of R5,715.00. So, R5,715.00 - R8,649.99 = -R2,934.99. This means you'd have an overdraft of R2,934.99 in your company account after making these purchases. --- Let’s take a quick trip down memory lane: Did you know that the concept of bank accounts originated in ancient Mesopotamia? There, people would deposit their grain with lenders who kept records on clay tablets! Who knew bank balances could trace their roots back to wheat? Now, in the real world, managing company expenses is crucial. Try keeping a budget tracker or using accounting software to avoid overdrafts. It’s all about knowing what you can afford—so you don’t find yourself in the red!