Question
Jew! Multi Part Question - when you answer this question well mark each part individual Bookwork code: 13 Calculator allowod a) Which three options are examples of income? b) Which four options are examples of expenditure? c) Which two options are examples of loans? Receiving pocket money Being paid for doing chores Spending money on a game Lending money to a friend Giving money to charity Buying food at a supermarket Topping up credit on a phone Borrowing money from a sibling Selling old books for money
Answer
4.1
(205 Votes)
Franklin
Professional · Tutor for 6 years
Answer
a) Receiving pocket money, Being paid for doing chores, Selling old books for moneyb) Spending money on a game, Buying food at a supermarket, Topping up credit on a phonec) Borrowing money from a sibling
Explanation
## Step 1: Identify the options that are examples of income.### **Income** refers to money received, especially on a regular basis, for work or through investments.### **Options**: Receiving pocket money, Being paid for doing chores, Selling old books for money.## Step 2: Identify the options that are examples of expenditure.### **Expenditure** refers to the action of spending funds.### **Options**: Spending money on a game, Buying food at a supermarket, Topping up credit on a phone.## Step 3: Identify the options that are examples of loans.### **Loans** refer to borrowing money that needs to be paid back.### **Options**: Borrowing money from a sibling.