1

ACCOUNTING GR 10

NAME:__________
2025
TERM 1 & 2
MEMO

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ACCOUNTING

INDEX

Date Task Topic Resources P

A. INDIGENOUS BOOKKEEPING
Exercise 1 Calculations Notes 10
Exercise 2 Accounting equation Notes 10
Exercise 3 Indigenous and informal bookkeeping Notes 11
Exercise 4 Internal control Notes 12
Exercise 5 Ethics and internal control Notes 13
Exercise 6 GAAP principles Notes 13
Paper 2020 Indigenous and informal bookkeeping Test paper 14
Paper 2021 Indigenous and informal bookkeeping Test paper 20

B. BOOKKEEPING OF A SOLE TRADER: CASH

Exercise 1 CRJ and CPJ Notes 27
Exercise 2 CRJ and CPJ Notes 28
Exercise 3 CRJ and CPJ FS notes 30
Exercise 4 CRJ and CPJ FS notes 32
Exercise 5 PCJ Notes 34
Exercise 6 CRJ, CPJ and PCJ Notes 35
Exercise 7 Posting from CRJ and CPJ Notes 37
Exercise 8 Posting from CRJ and CPJ Notes 39
Exercise 9 Posting from CRJ and CPJ Notes 41
Exercise 10 Accounting equation Notes 43
Exercise 11 Accounting equation Notes 44
Exercise 12 Accounting equation FS notes 45
Exercise 13 Trial Balance Notes 46
Exercise 14 Trial balance Notes 47
Exercise 15 Trial balance Notes 48

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C. BOOKKEEPING OF A SOLE TRADER: CREDIT

Exercise 1 DJ, DAJ and CRJ Notes 49
Exercise 2 DJ, DAJ and CRJ Notes 50
Exercise 3 DJ, DAJ and CRJ Notes 52
Exercise 4 CRJ, CPJ, DJ, DAJ FS notes 54
Exercise 5 CJ, CAJ and CPJ Notes 56
Exercise 6 CJ, CAJ and CPJ Notes 60
Exercise 7 DJ,DAJ,CRJ, CAJ and CPJ Notes 62
Exercise 8 DJ,DAJ,CRJ, CAJ and CPJ Notes 65
Exercise 9 Debtors ledger and General ledger Notes 68
Exercise 10 Debtors ledger and general ledger Notes 71
Exercise 11 Creditors ledger and General ledger Notes 72
Exercise 12 Creditors ledger and General ledger Notes 77
Exercise 13 General ledger FS notes 80
Exercise 14 Debtors and creditors ledger Notes 84
Exercise 15 Debtors ledger Notes 85
Exercise 16 Creditors ledger Notes 85
Exercise 17 Creditors ledger Notes 86
Exercise 18 General ledger Notes 86
Exercise 19 General ledger FS notes 88
Exercise 20 General ledger analysis FS Notes 91
Exercise 21 CRJ, CPJ, DJ, DAJ, CJ and CAJ Notes: Control 93
Question 1 test
Exercise 21 General ledger Notes: Control 96
Question 2 test
Exercise 21 Creditors ledger Notes: Control 97
Question 3 test
Exercise 21 Debtors ledger Notes: Control 97
Revision Q4 test
D. GENERAL JOURNAL
Exercise 1 GJ: Interest income Notes 99
Exercise 2 GJ: interest expense Notes 100
Exercise 3 GJ: Bad debts Notes 101
Exercise 4 GJ: Bad debts Notes 102
Exercise 5 GJ: Bad debts recovered Notes 103
Exercise 6 GJ: Drawings Notes 104
Exercise 7 GJ: correction of error Notes 105

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Exercise 8 GJ: correction of error Notes 106

Exercise 9 GJ: correction of error Notes 107
Exercise 10 GJ: Interest on loan capitalised Notes 108
Exercise 11 GJ: Interest on fixed deposit capitalised Notes 109
Exercise 12 GJ Notes 110
Exercise 12 Accounting equation Notes 111
Exercise 13 GJ Notes 112
Exercise 13 Accounting equation Notes 113
Exercise 14 GJ FS Notes 114

E. RECONCILIATIONS
Exercise 1 Debtors reconciliation Notes 117
Exercise 2 Debtors reconciliation Notes 120
Exercise 3 Debtors reconciliation Notes 122
Exercise 4 Debtors reconciliation Notes 126
Exercise 5 Debtors reconciliation Notes 128
Exercise 6 Creditors reconciliation Notes 131
Exercise 7 Creditors reconciliation Notes 131
Exercise 8 Creditors reconciliation Notes 134
Exercise 9 Creditors reconciliation Notes 138

F. MARCH PAPERS
Question 1 Theory and accounting equation March 2017 141
Question 2 Theory and CJ and CAJ March 2017 142

Question 3 Theory and General Ledger March 2017 144

Internal control

Question 1 Theory March 2018 152

CRJ, CPJ, DJ
Question 2 GAAP March 2018 155
General Ledger
Question 3 Ethics March 2018 157
Accounting equation

Question 1 Journals March 2022 165

Question 2 Ledgers March 2022 168
Question 3 Accounting equation March 2022 171
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Question 1 Concepts, Journals March 2023 183

Question 2 General ledger, internal control March 202 185
Question 3 Accounting equation March 2023 187

G. SALARIES AND WAGES

Exercise 1 Salaries scale Notes 195
Exercise 2 Salaries scale Notes 195
Exercise 3 Salaries scale Notes 196
Exercise 4 Calculations Notes 196
Exercise 5 Salaries journal and CPJ Notes 197
General ledger Notes 198
Exercise 6 Salaries journal and CPJ Notes 199
General ledger Notes 200
Exercise 7 Salaries journal Notes 201
Exercise 8 Wages journal Notes 202
General ledger Notes 203
Exercise 9 Wages journal and CPJ Notes 205
General ledger Notes 206
Exercise 10 Wages journal and CPJ Notes 208
Exercise 11 General ledger Notes 209
Exercise 12 Ethics and analysis Notes 212
Exercise 13 Ethics and analysis Notes 213
Exercise 14 q1 Salaries journal Test 214
Exercise 14 q2 General ledger Test 215
Exercise 14 q3 Theory Test 215
H GJ: YEAR END ADJUSTMENTS
Exercise 1 Depreciation Notes 216
Exercise 2 Depreciation Notes 218
Exercise 3 Trading stop deficit Notes 220
Exercise 4 Trading stock surplus Notes 221
Exercise 5 Consumable goods on hand Notes 222
Exercise 6 Prepaid expenses Notes 223
Exercise 7 Prepaid expenses Notes 224
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Exercise 8 Prepaid expenses Notes 225

Exercise 9 Accrued expense Notes 226
Exercise 10 Accrued expense Notes 227
Exercise 11 Income received in advance Notes 228
Exercise 12 Income received in advance Notes 228
Exercise 13 Accrued income Notes 230
Exercise 14 Accrued income Notes 231
Exercise 15 GJ Notes 232
Exercise 15 Accounting equation Notes 235
Exercise 16 GJ Notes 236
Exercise 16 Accounting equation Notes 240
Exercise 17 GJ FS notes 241

I FINAL ACCOUNTS
Exercise 1 Capital, Trading Account, Profit and Notes 246
loss account
Exercise 2 Capital, Trading Account, Profit and Notes 247
loss account
Exercise 3 Capital, Trading Account, Profit and Notes 249
loss account
Exercise 4 Capital, Trading Account, Profit and Notes 251
loss account

J. FIXED ASSETS
Question1 Depreciation, General ledger Notes 255
Question 2 Depreciation, assets register, Notes 257
internal control
Question 3 Assets register, internal control, Notes 260
calculations
Question 4 Calculations, internal control Notes 264

K, PROJECTS
Question 1.1 Journals May 2022 268
Question1.2 General ledger May 2022 270
Question 1.1 Debtors and creditors ledger May 2022 271
Question 1.2 GAAP Principles May 2022 272
Question 1.3 Internal cont4rol May 2022 273

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Section A Accounting equation May 2023 282

Section B General Ledger and internal control May 2023 283
Section C Debtors ledger and terms May 2023 288

E. JUNE EXAM PAPERS

Question 1 GAAP, VAT June exam 2018 299
Accounting equation
Question 2 General ledger June exam 2018 301
Analysis
Question 3 Debtors ledger June exam 2018 305
Question 4 Salaries journal June exam 2018 306
Theory, Internal control
Question 5 GJ June exam 2018 308

Question 1 Accounting equation June exam 2019 310

Question 2 GAAP June exam 2019 311

VAT
Question 3 Salaries scale, Calculations June exam 2019 312
Internal control, Wages Journal
Question 4 General journal June exam 2019 315
Theory
General Ledger
Question 5 Debtors reconciliation June exam 2019 317
Internal control

Question1 Concepts and cash journals June 2022 328

Question 2 Debtors reconciliation June 2022 330

Question 3 General ledger June 2022 331

Question 4 Salaries journal June 2022 333

Question 5 GAAP June 2022 334

Question 5 AOL June 2022 334

Question 6 General journal June 2022 335

Question1 Journals June 2023 348

Question 2 GAAP and Accounting equation June 2023 350

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Question 3 Debtors reconciliation June 2023 351

Question 4 General Ledger June 2023 353

Question 5 Salaries June 2023 356

Question 6 General journal June 2023 358

Question1 Concepts and accounting equation June 2024 373

Question 2 General ledger June 2024 374

Question 3 Debtors reconciliation June 2024 377

Question 4 Journals June 2024 383

Question 5 Salaries/wages June 2024 379

Question 6 GAAP, General journal June 2024 381

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A.
INDIGENOUS BOOK
KEEPING

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A.
INDIGENOUS BOOKKEEPING
EXERCISE 1 DATE:__________

Complete the following table

Mark-up Cost price Sales price Profit

a) 33⅓ % R200 266.67 R66,6
7
b) 66 % R36,14 R60 R23,8
6
c) 69,23% R78 R132 R54
d) 66⅖% R46,88 R78 R31,
12

EXERCISE 2 DATE:__________
Assets = Liabilities + Owners equity OR Owners equity = Assets - Liabilities
Complete the following table

NO ASSETS = Liabilities Owners’

R + Equity
R R
2 800 1 200 R1 600
2. 8 000 3 100 4 900
3. 8 760 4 240 4 520
4. 9 870 3 370 6 500
5. 6 210 1 850 4 360
6. 12 040 4 010 8 030
7. 11 130 4 210 6 920
8. 15 484 2 872 12 612
9. 12 450 7 420 5 030
10. 8 780 2 370 6 410

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EXERCISE 3: INDIGENOUS AND INFORMAL BOOKKEEPING DATE:__________

3.1 Give ONE reason why this business is considered to be an informal one. (2)
 Does not keep records
 Not registered

3.2 Suggest TWO ways in which Mr Jonas can better his competition. (4)
 Advertise more
 Sell high quality products
 Sell at reasonable prices

3.3 Calculate the cost price of hamburgers sold at the end of the week
(Monday to Friday). (4)

(120 xR20) = R2 400

3.4 Calculate the total sales for the week. (3)

(120 x R30) = R3 600

3.5 Calculate the mark-up percentage used by Mr Jones. (4)

Sales Pr ice  Cost Pr ice 100

Cost Pr ice x 1

3 600  2 400 100

2400 x 1

=50%

3. Calculate the number of hamburgers that went missing. (4)

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(25 x 5) = 125 – 120 = 5

3.7 State TWO ways in which he could avoid this (see 3.6) in future. (4)
 Better control
 Employ an assistant
 Count the number of unsold hamburgers each day
 Lock every thing

3.8 Mr Jonas want to buy used cooking oil from the local fries shop. He feels that this
will overcome the increase in prices. He also wants to keep his selling price at R30
a hamburger. Do you agree with this plan? Explain. (3)
NO
It is unethical
If he used old cooking oil it may cause health problems for his customers

INTERNAL CONTROL

QUESTION 4 DATE:__________
Complete the table by filling in the missing words.
TYPE OF DESCRIPTION
CONTROL
1 DETECTIVE A
Control that is put in place to let you know if something
undesirable has happened
2 DIRECTIVE B Control that is implemented to cause or encourage a
desirable event to occur or to discourage an undesirable
event from taking place
3 PREVENTATIVE C Control that is put in place to stop something from
happening
4 CORRECTIVE D Implement to fix the effects of undesirable events

TIPE KONTROLE BESKRYWING

1 OPSPOREND A Kontrole wat jou waarsku dat iets ongewoons gebeur het
2 B Kontrole om gewenste gebeurtenisse te veroorsaak of om
VOORSKRIFTELIK ongewenste gebeurtenisse te ontmoedig
3 VOORKOMEND C Kontrole wat verhoed dat iets gebeur
4 KORREKTIEWE D Maatreëls om die gevolge van ongewenste gebeurtenisse
reg te stel

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QUESTION 5 DATE:__________

a) Do you think that the employees’ use of the company’s computer

network is wrong? Justify your answer. (2)
The personal use of the company’s computer network without the permission of the
employers is wrong. It is a form of stealing

b) Discuss why this scenario is an example of an ethical dilemma. (4)

 Is it ethical and correct for the company to monitor employees’ computer use without
their
knowledge or permission
 The computers belong to the company but the employees are allowed to have their
privacy
 The can monitor the computers but they need to ask the employees permission

c) Do you think it is ethical to monitor employees’ IT uses without their

consent? Justify your answer. (2)
Enige goed gemotiveerde antwoord

d) Identify 2 other possible solutions to this problem. (4)

 Inform employees before the time that their computers can be monitored
 Have an agreement about computer use and both parties sign it

QUESTION 6 DATE:__________

Match the term or phrase in column A with its definition in Column B.

COLUMN A COLUMN B
A Historic cost concept 3
B Prudence concept 1
C Materiality concept 5
D Business entity concept 6
E Going concern concept 4
F Matching concept 2
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PROJECT: TERM 1 - 2020

TOTAL: 50 TIME: 1 HOUR
ACCOUNTING - GRADE 10
TASK 1: PRESENTATION - 2020 TERM 1
MARKING GUIDELINE
QUESTION 1

1.1 Explain the concept “indigenous bookkeeping”

Valid explanation 

To design and formulate your own accounting and accounting

systems and operate in the informal sector
1

1.2 Provide TWO practical examples of informal businesses and

formal business in your area.

Any TWO different examples  

Informal sector Formal sector

Garden services Bakery
Vendors (fruit etc.) Grocery store
Cleaning service Clothing stores
Repair shop etc. Pet shop etc. 4

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1.3 Provide ONE difference between a formal business and an

informal business for each heading on the table:

Informal Formal
Registration Unregistered. Registered.
of the
business
Capital Own funds/short term Capital is contributed/
contribu- borrowing/Loan sharks Sell shares/Funds from
tions partner/ Mortgage loans.
Trading Not many stock/ Availa- Purchased for cash/ cre-
stock bility of capital to buy dit. High stock levels
stock maintained.
Fixed assets Minimal. Normally Fixed assets belong to
household belongings. the business/ Separate
Table/chair. from personal.
Selling price Mainly sold for cash. Cash or credit
Debtors kept to the
minimal

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1.4.1 Explain how this sector contributes to the economy. Provide

TWO points.

Any TWO relevant points Part marks can be awarded  

Provide a service to other people

Self-employed/Provide jobs
Reduces crime. /Addresses socio-economic problems 4
1.4.2 Give TWO shortcomings of the people operating such
business ventures.
Any TWO relevant factors Part marks can be awarded  

4
May not have sufficient capital/Cash flow problems

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Usually lack the skills and knowledge of running a business

May not be able to manage their finances
No continuity
Could be dangerous/High crime rate

1.4.3 Calculate the total amount of money spent by Harry on

Monday.
5 x R21 = R105 
6 x R20 = R120 
9 x R15 = R135 
1 x R35 = R 35 
Total spent: R395  operation one part correct 5

1.4.4 Calculate the total cash received from sales.

5 x 14 = 70 – 7 = 63 x 2 = R126  operation one part correct
6 x 10 = 60 – 4 = 56 x 3 = R168  operation one part correct
9 x 30 = 270 – 84 = 186 x 1 = R186  operation one part correct
Total : R480  operation one part correct 7

1.4.5 Calculate the value of his closing stock

7 x 1,50  = 10,50
4 x 2,00  = 8,00 
84 x 0,50  = 42,00 
Total : 60,50  7

1.4.6 Calculate the total profit on sales of fruit.

See 1.4.4 See 1.4.3 See 1.4.3

480  – (395  – 60,50 )

145,50 operation one part correct 4

1.4.7 Provide TWO suggestions that Harry can do to improve the

business.
Any TWO valid suggestions Part marks can be awarded  

4
Try to get the store where he buys from to deliver/save on taxi fee
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Increase the price of the apples and oranges

Get more variety to sell
Open a second Fruit Stall/extent to other towns
Improve the image of the store.
REKENINGKUNDE - GRAAD 10
TAAK 1: AANBIEDING - 2020 KWARTAAL 1
NASIENRIGLYN

VRAAG 1

1.1 Verduidelik die begrip “inheemse boekhouding”

Geldige verduideliking 
Ontwerp jou eie rekeningkunde en rekeningkundige stelsels en dryf handel in die
informele sektor
1
1.2 Verskaf TWEE praktiese voorbeelde van informele besighede en formele
besighede in jou gebied.

Enige TWEE verskillende voorbeelde  

Informele sektor Formele sektor
Tuindienste Bakkery
Verkoper (vrugte ens.) Kruidenierswinkel
Skoonmaakdienste Klerewinkels
Herstelwinkel ens. Troeteldierwinkel ens. 4

1.3 Verskaf EEN verskil tussen ‘n formele besigheid en ‘n informele besigheid by

elk van die onderstaande by die onderstaande tabel:
Informeel Formeel
Registrasie Ongeregistreer. Geregistreer. 10
van die
besigheid
Kapitaal- Eie fondse/Korttermyn- Kapitaal word bygedra/
bydraes lenings by ander Verkoop aandele/Fondse
mense/Geldskieters van vennote/ Verband-
lenings.
Handels- Nie baie Koop kontant/krediet aan/
voorraad voorraad/beskikbaarheid Hoë voorraadvolumes kan
van kapitaal om voorraad te gehandhaaf word.
koop
Vaste Minimaal. Gewoonlik Vaste bate wat aan
bates huishoudelike besittings. besigheid behoort/ Apart
Tafel/stoel. van personeel

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Verkoop- Verkope hoofsaaklik Kontant of krediet

prys kontant. Minimaal aan
debiteure

1.4.1 Verduidelik hoe hierdie sektor tot die ekonomie bydrae. Verskaf TWEE
punte.

Enige TWEE relevante punte Deelpunte kan toegeken word  

Verskaf ‘n diens aan ander mense

Werk vir homself/ Verskaf werk
Verminder misdaad /Spreek sosio-ekonomiese probleme aan 4
1.4.2 Gee TWEE tekortkominge van die mense wat in die informele sektor
handeldryf.

Enige TWEE relevante faktore Deelpunte kan toegeken word  

Mag nie genoegsame kapitaal hê nie/Kontantvloeiprobleme

Tekort aan vaardigheid en kennis om ‘n besigheid te bestuur
Nie in staat om hulle finansies te bestuur nie
Geen kontinuïteit
Kan gevaarlik wees/Hoë misdaadsyfer

4
1.4.3 Bereken die totale bedrag wat Harry Maandag spandeer het.

5 x R21 = R105 
6 x R20 = R120 
9 x R15 = R135 
1 x R35 = R 35  5
Totaal spandeer: R395  bewerking een deel korrek
1.4.4 Bereken die totale kontant uit verkope ontvang

5 x 14 = 70 – 7 = 63 x 2 = R126  bewerking een deel korrek

6 x 10 = 60 – 4 = 56 x 3 = R168  bewerking een deel korrek
9 x 30 = 270 – 84 = 186 x 1 = R186  bewerking een deel korrek
Totaal : R480  bewerking een deel korrek 7

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1.4.5 Bereken die waarde van die slotvoorraad.

7 x 1,50  = 11,60 
4 x 2,00  = 21,60 
84 x 0,50  = 21,00 
Totaal : 54,20  7

1.4.6 Bereken die totale wins met verkoop van vrugte.

Sien 1.4.4 Sien 1.4.3 Sien 1.4.3

480  – (395  – 54,20 )

340,80 twee punte

= 139,20  bewerking een deel korrek 4

1.4.7 Voorsien TWEE voorstelle wat Harry kan doen om sy onderneming te

verbeter.

Enige TWEE geldige voorstelle. Deelpunte kan toegeken word  

Poog om by die winkel waarby hy koop om dit te laat aflewer.
Verhoog die prys van appels en lemoene.
Kry ‘n groter verskeidenheid om te verkoop.
Open ‘n tweede Vrugtestalletjie/brei uit na ander dorpe.
Verbeter die beeld van die winkel. 4

TOTALE PUNTE: 50

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ACCOUNTING
GRADE 10
TASK 1
PRESENTATION
MARKING GUIDELINE
2021 TERM 1
MARKS: 50 TIME: 1 hour

QUESTION 1

1.1 Calculate the total amount spent on purchasing of on stock by

Bennie.

(12 x 13) (9 x 14) (6 x 18) (40 x 7)

312 + 156 + 126 + 108 + 280 = R982 one part correct

6

1.2.1 Calculate his total sales for the week.

20 Cokes x R16,25 = R 325,00 

10 Fanta Orange x R16,25 = 162,50 
6 Sparletta x R17,50 = 105,00 
1 Ginger Beer x R22,50 = 22,50 
24 Water x R10,00 = 24000 
= 855,00 
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1.2.2 Calculate the profit he made on the sales for the week.

Cost of sales
20 Cokes x R13,00 = R 260,00 
10 Fanta Orange x R13,00 = 130,00 
6 Sparletta x R14,00 = 84,00 
1 Ginger Beer x R18,00 = 18,00 
24 Water x R7,00 = 168,00 
= 660,00 
Sales R 855,00 
Cost of sales (660,00) 
Gross profit 195,00 

14

Or coke 20 x 3,25 = 65
Fanta 10 x 3,25 = 32,5
Sparletta 6 x 3,5 = 21
Ginger beer 1 x 4,50 = 4,5
Water 24 x 3 = 72 TOTAL 195
1.2.3 List any THREE additional expenses that Bennie may have in
his informal business.

Any THREE expenses 

 Paying rent to keep his stock safe.

 Electricity if he has a fridge for storage.
 Transport cost to shops to buy his stock.
 Telephone to contact suppliers to check prices.
 Wages in he appoint someone to help him 3

1.3 Bennie is excited about his business and profit made in the
first week and wants to expand his operations. Provide TWO

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suggestions that he can use to improve his sales and his

profit.

Any TWO suggestions. Part marks can be awarded  

 Look for cheaper suppliers

 Buy for bulk and receive discounts
 Stop the slow selling of Ginger beer. / Sell only products which
sell good (Coke, Fanta, Sparletta and Water)
 Increase his mark-up percentage (25% may be too low).
 Negotiate to buy on credit.
4

1.4.1 What advice would you offer him concerning the management
of his business?

 Must keep his personal affairs separate from the business

affairs
 He should draw a salary for his personal use and record the
amount he takes as an expense.
 Must open a bank account in the name of his business to have
better control of his funds. 4

1.5 Explain how the informal sector is important for the economy.
Provide TWO points.

Any TWO relevant points. Part marks can be awarded  

 Contribute to the economy growth

 Provide a service to other people
 Self-employed OR provide jobs for other people
 Reduces crime.
 Addresses socio-economic problems 4

1.6 Provide TWO examples of informal businesses and formal

business in your area.

Any TWO different examples  

Informal sector Formal sector

Garden services Bakery
Vendors (fruit etc.) Grocery stores
Cleaning service Clothing stores
Repair shop / Tuck shops Pet shop etc. 4

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1.6 Provide TWO examples of informal businesses and formal

business in your area.

Any TWO different examples  

Informal sector Formal sector

Garden services Bakery
Vendors (fruit etc.) Grocery stores
Cleaning service Clothing stores
Repair shop / Tuck shops Pet shop etc. 4

ACCOUNTING
GRADE 10
TASK 1
PRESENTATION
MARKING GUIDELINE
2021 TERM 1
MARKS: 50 TIME: 1 hour

QUESTION 1

1.1 Calculate the total amount spent on purchasing of on stock by

Bennie.

(12 x 13) (9 x 14) (6 x 18) (40 x 7)

312 + 156 + 126 + 108 + 280 = R982 one part correct

6

1.2.1 Calculate his total sales for the week.

20 Cokes x R16,25 = R 325,00 

10 Fanta Orange x R16,25 = 162,50 
6 Sparletta x R17,50 = 105,00 
1 Ginger Beer x R22,50 = 22,50 
24 Water x R10,00 = 240,00 
= 855,00 
11

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1.2.2 Calculate the profit he made on the sales for the week.

Cost of sales
20 Cokes x R13,00 = R 260,00 
10 Fanta Orange x R13,00 = 130,00 
6 Sparletta x R14,00 = 84,00 
1 Ginger Beer x R18,00 = 18,00 
24 Water x R7,00 = 168,00 
= 660,00 

Sales R 855,00 
Cost of sales (660,00) 
Gross profit 195,00 
14

1.2.3 List any THREE additional expenses that Bennie may have in
his informal business.

Any THREE expenses 

 Paying rent to keep his stock safe.

 Electricity if he has a fridge for storage.
 Transport cost to shops to buy his stock.
 Telephone to contact suppliers to check prices.
 Wages in he appoint someone to help him 3

1.3 Bennie is excited about his business and profit made in the
first week and wants to expand his operations. Provide TWO
suggestions that he can use to improve his sales and his
profit.

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Any TWO suggestions. Part marks can be awarded  

 Look for cheaper suppliers

 Buy for bulk and receive discounts
 Stop the slow selling of Ginger beer. / Sell only products which
sell good (Coke, Fanta, Sparletta and Water)
 Increase his mark-up percentage (25% may be too low).
 Negotiate to buy on credit.
4

1.4.1 What advice would you offer him concerning the management
of his business?

 Must keep his personal affairs separate from the business

affairs
 He should draw a salary for his personal use and record the
amount he takes as an expense.
 Must open a bank account in the name of his business to have
better control of his funds. 4

1.5 Explain how the informal sector is important for the economy.
Provide TWO points.

Any TWO relevant points. Part marks can be awarded  

 Contribute to the economy growth

 Provide a service to other people
 Self-employed OR provide jobs for other people
 Reduces crime.
 Addresses socio-economic problems 4

1.6 Provide TWO examples of informal businesses and formal

business in your area.

Any TWO different examples  

4
Informal sector Formal sector
Garden services Bakery
Vendors (fruit etc.) Grocery stores
Cleaning service Clothing stores

25
 26

Repair shop / Tuck shops Pet shop etc.

TOTAL MARKS

50

B.
CASH TRANSACTIONS
COMBINED EXERCISES CRJ
AND CPJ

26
 27

EXERCISE 1 DATE:__________

Cash Receipts Journal of Trident Stores for June 2017/ Kontantontvangstejoernaal van trident Winkels vir Junie 2017 CRJ/KOJ
Sundry A/Diverse R
DOC DAY Details Fol Analysis of R Bank Current I Amount Details
DOK DAG Besonderhede Ontleding v O. Lopende I Bedrag Besonderhede
BS 1 Mr Trendit 100 000 100 000 Capital/Kapitaal
BS First West Bank 50 000 50 000 Loan: First west Bank
R'001 3 DVD Rentals 400 400 400 Rent Income
CRT1-50 4 Cash 7 200 7 200 7 200
R'002 15 DVD Rentals 400 400 Rent Income
CRT 51-80 Cash 16 200 16 600 16 200
BS 28 First West Bank 120 120 Interest Income
174 320 23 400 150 920
Cash Payments Journal of Trident Stores June 2017/ Kontantbetalingsjoernaal vanTrident Winkels vir JUnie 2017 CPJ/kbj
Sundry A/Diverse R
DOC DAY Details Fol Bank Wages Cons stores Amount Details
DOK DAG Besonderhede Lone Verbrukersg Bedrag Besonderhede
EFT 001 2 Macro 250 250
EFT 002 9 Cash 6 60 660
EFT 003 10 Municipality 1 200 1 200 Water and electricity
EFT 004 11 Independent N 780 780 Advertisements
EFT 005 17 Macro 1 150 1150
EFT 006 18 Cash 3 200 3 200
BS 25 Macro 5 500 5 500 Equipment
12 740 3 860 1 400 7 480

Oefening 2
27
 28

Kontantontvangstejoernaal van Sand Winkels vir April 2018 KOJ

Ontleding van Lopende Diverse rekeninge
Dok da Besonderhede fol ontvangste Bank inkomste Bedrag fol Besonderhede
Doc g Analysis of Current income
receipt
BS 1 Sallie Sand 100 000 100 000 Kapitaal/Capital
Krr 3 Kontant/Cash 15 000 15 000
/CRT56/58
K/R26 B Cliff 5 000 20 000 5 000 Huur inkomste
Rent income
BS 10 KP Bank 50 000 50 000 Lening/loan: KP Bank
Krr59/65 12 Kontant/Cash 8 000 8 000
K/r27 P Waters 2 000 10 000 2 000 Kommissie inkomste
Commission income
180 000 23 000 157 000

Kontantbetalingsjoernaal van Sand Winkels vir April 2018 KBJ

28
 29

Naam van fol Bank Toerusting Skryfbehoeftes Water & Diverse rekeninge
dok dag Begunstigde Equipment Stationery Elektrisiteit Bedrag fol Besonderhede
EFT001 2 Munisipaliteit 1 150 1 000 150 Besigheidslisensie
Trading license
EFT002 8 Makro 7 620 5 400 2 220 Consumable goods
Verbruikersgoedere
BS 11 CAN 143 143
EFT003 18 PK Groothand 6 375 6 375
EFT004 19 Game 5 500 5 000 500
EFT005 26 Munisipaliteit 1 200 1200
EFT006 27 B Thomas 5 000 5 000 Salaris/Salaries
EFT007 30 KP Bank 800 800 Lening/Loan: KP
Bank
27 788 16 775 643 2 200 8 170

EXERCISE 3
29
 30

CASH RECEIPTS JOURNAL OF CALIBRE TRADERS – MAY 2018 CRJ

Doc. Analysis of Cost of Sundry accounts
D Details Fol Bank Sales
no. receipts sales Amount Fol Details
88 3 Bella Bank 60 000 60 000 60 000 Loan: Bella Bank
 6 Sales 3 990 3 990 2 660
89 X. Yonda 1 500 5 490 1 500 Rent income
B/S Dwe Bank 90 90 90 Interest income

CASH PAYMENTS JOURNAL OF CALIBRE TRADERS – MAY 2018 CPJ

Doc. Trading Sundry accounts
no. D Details Fol Bank Wages Equipment
stock Amount Fol Details
66 2 Telkom 860 860 Telephone
67 4 BBGT Suppliers 11 780 11 780
68 5 Dwe Bank 12 000 12 000 Fixed Deposit
69 7 BB Transport 320 320
70 9 XL Bazaar 11 200 3 210 7 990
71 12 Bella Bank 2 875 2 325 Loan: Bella Bank
550 Interest on loan
B/S 29 ST Bank 145 145 Bank charges
50 50 Interest on overdraft
*SO VV Insurers 230 230 Drawings

30
 31

OEFENING 3
KONTANTBETALINGSJOERNAAL VAN CALIBRE HANDELAARS – MEI 2018 KOJ
Ontleding Diverse Rekeninge
Dok. Koste van
D Besonderhede Fol van Ontvang- Bank Verkope BeDTag Fol Besonderhede
nr. Verkope
stes
88 3 Bella Bank 60 000 60 000 60 000 Lening: Bella Bank
 6 Verkope 3 990 3 990 2 660
89 X. Yonda 1 500 5 490 1 500 Huurinkomste
B/S Dwe Bank 90 90 90 Rente inkomste

KONTANTBETALINGSJOERNAAL VAN CALIBRE HANDELAARS – MEI 2018 KBJ

Dok. Naam van Handels- Diverse Rekeninge
nr. D Fol Bank Lone Toerusting
Begunstigde voorraad BeDTag Fol Besonderhede
66 2 Telkom 860 860 Telefoon
67 4 BBGT Verskaffers 11 780 11 780
68 5 Dwe Bank 12 000 12 000 Vaste Deposito
69 7 BB Vervoer 320 320
70 9 XL Bazaar 11 200 3 210 7 990
71 12 Bella Bank 2 875 2 325 Lening: Bella Bank
550 Rente op Lening
B/S 29 ST Bank 145 145 Bankkoste
50 50 Rente op Oortrekking
*SO VV Versekeraars 230 230 Onttrekking

31
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EXERCISE 4
CASH RECEIPTS JOURNAL OF JZ STORES – MARCH 2018 CRJ
Doc. Analysis of Cost of Sundry accounts
D Details Fol Bank Sales
no. receipts sales Amount Fol Details
 4 Sales 2 240 2 240 2 240 1 960
7 BB Bank 30 000 30 000 30 000 B2 Loan: BB Bank
 10 Sales 2 760 2 760 2 020
88 J. Zulu 15 000 17 760 15 000 B1 Capital
 21 Sales 2 580 2 580 2 150
89 A. Brown 2 450 5 030 2 450 N3 Rent income
55 030 7 580 6 130 47 450
B3 N1 N2/B4
CASH PAYMENTS JOURNAL OF JZ STORES – MARCH 2018 CPJ
Doc. Sundry accounts
no. D Details Fol Bank Trading stock Wages Stationery
Amount Fol Details
111 6 Buggie Stores 22 260 22 260
112 Speedy Ltd 1 200 1 200
113 16 Cash 2 400 2 400
114 17 BNN Stores 1 520 1 520
115 19 NYT Traders 7 980 7 980
116 20 MYTO Traders 4 540 320 4 220 B5 Equipment
117 24 Cash 2 640 2 640
B/S 28 LK Bank 215 215 N6 Bank charges
118 30 BB Bank 2 300 2 000 B2 Loan: BB Bank
300 N7 Interest on loan
119 LK Bank 10 000 10 000 B6 Fixed Deposit

32
 33

OEFENING 4
KONTANTBETALINGSJOERNAAL VAN JZ WINKELS – MAART 2018 KOJ
Ontleding Diverse Rekeninge
Koste van
Dok. nr. D Besonderhede Fol van Ontvang- Bank Verkope
Verkope BeDTag Fol Details
stes
 4 Verkope 2 240 2 240 2 240 1 960
7 BB Bank 30 000 30 000 30 000 B2 Lening: BB Bank
 10 Verkope 2 760 2 760 2 020
88 J. Zulu 15 000 17 760 15 000 B1 Kapitaal
 21 Verkope 2 580 2 580 2 150
89 Verkope 2 450 5 030 2 450 N3 Huurinkomste
55 030 7 580 6 130 47 450
B3 N1 N2/B4

KONTANTBETALINGSJOERNAAL VAN JZ WINKELS – MAART 2018 KBJ

Dok. Naam van Handels- Skryfbe- Diverse Rekeninge
D Fol Bank Lone
nr. Begunstigde voorraad hoeftes BeDTag Fol Details
111 6 Buggie Winkels 22 260 22 260
112 Speedy Bpk 1 200 1 200
113 16 Kontant 2 400 2 400
114 17 BNN Winkels 1 520 1 520
115 19 NYT Handelaars 7 980 7 980
116 20 MYTO Handelaars 4 540 320 4 220 B5 Toerusting
117 24 Kontant 2 640 2 640
B/S 28 LK Bank 215 215 N6 Bankkoste
118 30 BB Bank 2 300 2 000 B2 Lening: BB Bank
300 N7 Rente op Lening
119 LK Bank 10 000 10 000 B6 Vaste Deposito
55 055 31 440 5 040 1 840 16 735
B3 B4 N4 N5
33
 34

EXERCISE 5 DATE:__________

Petty cash journal of Mac Traders for February 2023 PCJ

Details fo Petty cash Wages Stationery Consuamble Sundry accounts
doc day l goods Amount fol Details
32 2 Star printers 49 49
33 5 Alvie 150 150
34 7 checkers 13 13
35 10 Alvie 150 150
36 11 Mr Mac 20 20 Drawings
37 18 Zandile traders 50 50
38 20 Alvie 150 150
39 23 Bokse R Us 50 50 Packing material
40 25 Cash 30 30 donation
662 450 99 13 100

34
 35

EXERCISE 6 DATE:__________

Petty cash journal of Glomail and Sons for June 2022 PCJ
KLEINKASJOERNAAL VAN GLOMAIL EN SEUNS JUNIE 2022 KKJ
Details fol Petty cash Wages Stationary Consumable goods Sundry accounts/diverse rek
doc day Kleinkas Lone skryfbehoeftes Verbruikersgoedere Amount fol Details
50 12 Bongani 300 300
51 17 Fixit 230 40 190 Repairs/herstelwerk
52 19 Bongani 300 300
53 21 Mr Tap 60 60 Repairs/herstelwerk

890 600 40 250

Cash receipts journal Glomail and Sons for June 2022

35
 36

Analyssis of Sundry accounts

doc day Details fol receipt Bank Sales Cost of sales Amount Amount Amount
Verkope Koste van
verkope
CRT15 5 Cash 10 800 10 800 10 800 7 200
CRT16 15 Cash 75 75 75 50
BS 27 United Bank 83 900 80 000 Fixed deposit
3 900 Interest income
Rente inkomste
BS 28 Lovet 400 400 400 commission income
Kommisie inkomste
95 175 10 875 7250 84 300
Cash payments journal Glomail and Sons for June 2022
Details fol Bank Water and Stationary Wages Sundry accounts
doc day electricity Amount fol details
EFT5 3 Nokra wholesales 34 240 33 390 340 510 Consumable goods
0
EFT5 7 Cash 500 500
1
BS 9 Mr Glow 200 200 Drawings/onttrekkings
BS 23 United Bank 100 100 Bank
charges/bankkoste
EFT5 25 Mr Poor 10 000 10 000 Salary/salaris
2
BS 30 Municipality 1 000 1 000 Water and electricity
BS Vodacom 900 500 Cell phone/selfoon
400 Drawings/ontrekkings

36
 37

46 940 33 390 340 500 12 710

37
 38

EXERCISE 7 DATE:__________

ALGEMENE GROOTBOEK VAN TERRY SE T HEMDE

GENERAL LEDGER OF TERRY’s T SHIRTS
BALANSTAAT AFDELING/BALANCE SHEET SECTION
Dt/dr Kt/CR
KAPITAAL/CAPITAL B1
Apr 30 Balance/Saldo od 126000 Apr 1 Balance/Saldo bd 20 000
Bank KOJ/crj 106 000
126 000 126 000
Mei 1 Balance/Saldo od 126000

ONTTREKKINGS/DRAWINGS B2
Apr 1 Saldo ab 500 Apr 30 Balance/Saldo 0d 11 000
16 Bank CPJ 2 500
28 Bank CPJ 8 000
11 000 10 500
Mei 1 Saldo ab 11 000

Voertuie/Vehicles B3
Apr 1 Balance bd 100 000 Apr 30 Balance/Saldo 0d 150 000
Bank KBJ 50 000
150 000
Mei 1 Saldo ab 150 000

Trading stock/Handelsvoorraad B1
Apr 1 Saldo/Balance bd 5 000 Apr 31 Cost of Sales CRJ 6 800
31 Bank KBJ 12 000 Balance cd 10 200
17 000 17 000

May 1 Balance bd 10 200

Bank B4
Apr 1 Balance/Saldo bd 40 000 Apr 30 Diverse Rekeninge KBJ 79 250

38
 39

Sundry Accounts CPJ

Diverse Rekeninge
Sundry Accounts CRJ 126 215 Balance Cd 86 965

166 215 166 215

May 1 Balance bd 86 965

LOAN: ABSA B5
Apr 30 Bank CPJ 5 000 Apr 1 Balance/Saldo bd 10 000
Saldo od 15 000 19 Bank KOJ 10 000
10 000 10 000

May 1 Saldo a/b 15 000

NOMINAL SHEET SECTION

Verkope/Sales N1
APr 1 Total bd 6 000
30 Bank KOJ 10 200
pencil 16 200

Koste van verkope/Cost of sales N2

Apr 1 Total bd 2 000
30 Trading stock CRJ 6 800
pencil 8 800
Interest income/Rente inkomste N3
Apr 1 Totaal ab 115
29 Bank CRJ 15
pencil 130

Advertensie/Advertisement N4
Apr 1 Totaal ab 300
Apr 30 Bank KBJ 560
860

Telefoon/Telpehone N5
2 Bank CPJ 420

Petrol N6
39
 40

11 Bank CPJ 300

24 Bank CPJ 400
pencil 700
Bank charges N7
Apr 29 Bank CPJ 70

EXERCISE 8
ALGEMENE GROOTBOEK VAN NORTJE SE KOFFIEWINKEL
GENERAL LEDGER OF NORTJE’s COFFEE SHOP
BALANSTAAT AFDELING/BALANCE SHEET SECTION
Dt/dr Kt/CR
KAPITAAL/CAPITAL B1
Dec 31 Balance co 140 000 Dec 1 Balance/Saldo bd 100 000
Bank KOJ 40 000
140 000 140 000
Jan 1 Balance co 140 000

TOERUSTING/EQUIPMENT B2
Dec 1 Balance bd 2 000 Dec 31 Balance co 14 120
3 Bank CPJ 10 860
26 Bank Cpj 1 260
14 120 14 120
Jan 1 Balance co 14 120

Trading stock/Handelsvoorraad B1
Dec 1 Saldo/Balance bd 1 500 Dec 31 Cost of Sales CRJ 7 760
4 250
31 Bank KBJ 10 510 Balance cd
12 010 12 010

Jan 1 Balance bd 4 250

Bank B4
Sundry Accounts
Dec 31 Total receipts CRJ 51 637 Dec 1 Balance bd 300
Diverse Rekeninge
Sundry Accounts KBJ
31 Total payments CPJ 25 176

40
 41

Balance cd 26 161
51 637 51 637

Jan 1 Balance bd 26 161

NOMINAL SHEET SECTION

Verkope/Sales N1
Dec 1 Total bf 3 000
KOJ
30 Bank crj 9 857
pencil 12 857
Koste van verkope/Cost of sales N2
Dec 1 Total bd 2 500
30 Trading stock CRJ 7 760
pencil 10 260
Rent Income N3
Dec 1 Total bd 1200
Dec 31 Bank CRJ 1 780
2 980
Stationery/skryfbehoeftes N3
Dec 1 Total bd 400
31 Bank CPJ 626
pencil 1026
Packing material/verpakkingsmateriaal N4
21 Bank CPJ 285

Wages/Lone N5
Dec 31 Bank CPJ 1 560

Telefoon/Telpehone N6
29 Bank CPJ 75

EXERCISE 9
ALGEMENE GROOTBOEK VAN Nagel traders
GENERAL LEDGER OF Nagel traders
BALANSTAAT AFDELING/BALANCE SHEET SECTION
Dt/dr Kt/CR
KAPITAAL/CAPITAL B1

41
 42

Oct 31 Saldo/Balance od 200 000 OCT 1 Balance/Saldo bd 100 000

Bank KOJ 100 000
200 000 200 000
Nov 1 Saldo/balance ab 200 000

ONTTREKKINGS/DRAWINGS B2
Oct 1 Saldo/Balance ab 1 800 Oct 31 Saldo/balance od 1 900
22 Bank CPJ 100
1 900 1 900
Oct 31 Saldo/Balance od 1 900

TOERUSTING/EQUIPMENT B3
29 Bank CPJ 3 720

Trading stock/Handelsvoorraad B1
Oct 1 Saldo/Balance bd 400 Oct 31 Cost of Sales CRJ 934
31 Bank KBJ 1 100 Balance cd 566
1 500 1 500

Nov 1 Balance bd 566

Bank B4
Diverse Rekeninge KBJ
OCT 1 Balance bd 6 780 OCT 31 Sundry Accounts CPJ 10 135
31 Sundry Accounts CRJ 101 626
Balance cd 98 271
108 406 108 406

Nov 1 Balance bd 98 271

NOMINAL SHEET SECTION

Verkope/Sales N1
Oct 1 Total bd 5 600
30 Bank KOJ 1 626
pencil 7 226
Koste van verkope/Cost of sales N2
Oct 1 Total bd 4 800

42
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30 Trading stock CRJ 934

pencil 5 734
Stationery/skryfbehoeftes N3
Oct 1 Total bd 300
31 Bank CPJ 660
pencil 960
Wages/lone N4
Oct 1 Totaal ab 650
OCT 31 Bank CPJ 2 800
3 450

Consumable goods/Verbruikersgoedere N5
31 Bank CPJ 255

Huur uitgawe/rent expense N6

Oct 11 Bank CPJ 1 500

ACCOUNTING EQUATION DATE:______

EXERCISE 10
AKTIWITEIT 2 (Boekhouding / BEL)
Eienaarsekwitei BEL
Nr Rek. gedebiteer Rek. gekrediteer Bedrag Bates Laste punt
t
.1 Voertuie  Kapitaal  200 000 + + 0 
.2 Onttrekkings  Skryfbehoeftes  320 0 ± 0 
50 000x95%
.3 Handelsvoorraad  Bank  47 500  ± 0 0 
.4 1. Bank  Verkope  21 000 + + 0 
2. Koste v Verkope  Handelsvoorraad  14 000  - - 0 
43
 44

.5 Kleinkas  Bank  1 000 ± 0 0 

Voertuiguitgawes 
.6 Kleinkas  560 - - 0 
(of Brandstof)
.7 Donations  Kleinkas  150 - - 0 
.8 Kleinkas  Bank  (1000 - 560-150) 290  ± 0 0 
.9 Verbruiksgoedere  Handelsvoorraad  4 200 - - 0 
.10 Bank  Lening: VSB Bank  70 000 + 0 + 
Lening: VSB Bank 
.11 Rente op lening 
(70 000 x 12/100 ÷ 12)
700 0 - + 
.12 Lening: VSB Bank  Bank  1700 - 0 - 
(13) (13) (6) Een punt vir beide elemente (13)

Owner's AOL
No A/c Debited A/c Credited Amount Assets Liabi-lities mark
Equity
.1 Vehicles  Capital  200 000 + + 0 
.2 Drawings  Stationery  320 0 ± 0 
50 000x95%
.3 Trading stock  Bank  47 500  ± 0 0 
.4 1. Bank  Sales  21 000 + + 0 
2. Cost of Sales  Trading stock  14 000  - - 0 
.5 Petty Cash  Bank  1 000 ± 0 0 
Vehicle expenses 
.6 Petty Cash  560 - - 0 
(or Fuel)
.7 Donations  Petty Cash  150 - - 0 
.8 Petty Cash  Bank  (1000 - 560-150) 290  ± 0 0 
.9 Consumable stores  Trading stock  4 200 - - 0 
.10 Bank  Loan: VSB Bank  70 000 + 0 + 
Loan: VSB Bank 
.11 Interest on loan 
(70 000 x 12/100 ÷ 12)
700 0 - + 
.12 Loan: VSB Bank  Bank  1700 - 0 - 
(13) (13) (6) One mark for both elements (13)

EXERCISE 11 DATE:_________________________

Owners
Account Liabilitie
Account credited Amount Assets equity/
No debited s
Rek gekred Bedrag Bates Eienaar
Rek gedeb Laste
s
Capital
1. Bank 10 000 +10 000 +10 000 0
Kapitaal
Equipment ±5000=
2. Bank 5 000 0 0
Toerusting 0

44
 45

3. Bank Lening/Loan:Smith 100 000 +10 000 0 +10 000

4 1. Bank Sales 800 +800 +800 0
2. Cost of Sales Trading stock 600 -600 -600 0
Trading stock
5 Handelsvoorraa Bank 13 200 ±13 200 0 0
d
6 Bank charges Bank 120 -120 -120 0
Interest on over Bank 50 -50 -50 0
Insurance Bank 2 000 -2 000 - 2000 0
Loan/Lening:
7 Bank 2 000 -2 000 - 2000
Smith Bank
Interest on loan
Bank 100 -100 -100
Rente op lening

EXERCISE 12
Analyse the following transaction according to the headings on the ANSWER SHEET.

Example: Paid the water and electricity account by cheque, R2 360

NO JRL DOCUMENT ACCOUNT DEBITED ACCOUNT CREDITED ASSETS EQUITY LIABILITIES

Cheque Water and
Eg CPJ Bank - 2 360 - 2 360 0
counterfoil electricity
4.1 CRJ Receipt Bank Capital +120 000 +120 000 0

45
 46

4.2 CPJ EFT Equipment Bank ± 7 500 0 0

4.3 CPJ EFT Telephone Bank - 1 240 - 1 240 0

4.4 CRJ CRT Bank Fee income +7 730 + 7 730 0

4.5 CPJ EFT Drawings Bank - 260 - 260 0

4.6 CPJ EFT Stationery Bank - 330 - 330 0

4.7. CRJ Receipt Bank Rent Income + 6 500 + 6 500 0

4.8 CPJ EFT Trading stock Bank ± 12 540 0 0

4.9 CPJ EFT Wages Bank - 500 - 500 0

4.10 CRJ CRT Bank Sales + 6 000 + 6 000 0

Cost of sales Trading Stock - 4 000 - 4 000 0

Ontleed die volgende transaksie volgens die opskrifte op die ANTWOORDBLAD.

Voorbeeld: Betaal die water- en elektrisiteitsrekening per EFO, R2 360

GEE REKENING EIENAARS
JRL DOKUMENT REKENING GEKREDITEER BATES LASTE
N GEDEBITEER -BELANG
Water en
Bv KBJ EFO Bank - 2 360 - 2 360 0
elektrisiteit
4.1 KOJ Kwitansie Bank Kapitaal +120 000 +120 000 0

4.2 KBJ EFO Toerusting Bank ± 7 500 0 0

4.3 KBJ EFO Telefoon Bank - 1 240 - 1 240 0

Fooi inkomste / Diensgeld /
4.4 KOJ KRR Bank +7 730 + 7 730 0
Lopende inkomste
4.5 KBJ EFO Onttrekkings Bank - 260 - 260 0

4.6 KBJ EFO Skryfbehoeftes Bank - 330 - 330 0

4.7. KOJ Kwitansie Bank Huurinkomste + 6 500 + 6 500 0

4.8 KBJ EFO Handelsvoorraad Bank ± 12 540 0 0

4.9 KBJ EFO Lone Bank - 500 - 500 0

4.10 KOJ KRR Bank Verkope + 6 000 + 6 000 0

Koste van verkope Handelsvoorraad - 4 000 - 4 000 0

46
 47

TRIAL BALANCE
Exercise 13 DATE:___________
Trial balance of Minnie Traders for the month ended 31 May 2023
proefbalans of Minnie Handelaars vir die maand geeïndig 31 Mei 2020
FOL DEBIT CREDIT
BALANSSTAAT AFDELING/BALANCE
SHEET
Kapitaal/capital B1 63 000
Onttrekkings/dtawings B2 1 300
Toerusting/equipment B3 32 500
Voertuie/vehicles B4 34 000
Debiteurekontrole/debtors control B5 3 100
Bank B6 2 150
Handelsvoorraad/trading stock B7 18 200
Spaarrek/savings account B8 25 000
Lening: feetjie/Loan Fairy B9 24 500
Krediteure/creditors control B10 5 375

Nominale afdeling/nominal sheet section

Verkope/sales N1 42 500
Koste van verkope/cost of sales N2 21 000
Debiteure-afslag/debtors control N3 500
Huur inkomste/Rent income N4 4 000
Kommissie inkomste/commission income N5 500
Herstelwerk/repairs N6 90
Telefoon/telephone N7 170
Advertensies/advertisements N8 1 310
Posgeld/postage N9 15
Skryfbehoeftes/stationaey N10 540

139 875 139 875

47
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EXERCISE 14 DATE:_________
Trial balance of Donald Traders for the month ended 31 March 2020
FOL DEBIT CREDIT
Kapitaal/capital B1 100 000
Ontrekkings/drawings B2 2 000
Grond en geboue/land and buildings B3 50 000
Toerusting/equipment B4 20 200
Voertuie/vehicles B5 10 800
Bank B6 ???28 565
Handelsvoorraad/trading stock B7 1 000
Debiteure kontrole/Debtors control B8 5 000
Kleinkas/petty cash B9 75
Wisselgeld/cash float B10 25
Lening: SPAAR/Loan: Savings B11 20 000
Krediteurekontrole/creditors control B12 330

Nominale afdeling
Verkope/sales N1 6 000
Koste van verkope/Cost of sales N2 3 000
Debiteure afslag/debtors allowance N3 250
Huur inkomste/rent income N4 300
Skryfbehoeftes/stationary N5 150
Handelslisensie/trading license N6 200
Lone/wages N7 650
Salarisse/salaries N8 4 250
Telefoon/telephone N9 230
Verbruikersgoedere/consumable N10 20
goods
Verpakkingsmateriaal/packing material N11 15
Rente op lening/interest onloan N12 200

126 630 126 630

98 065 126 630

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EXERCISE 15 DATE:______________
Trial balance of Sport Traders for the month ended 31 May 2023
FOL DEBIT CREDIT
Capital/kapitaal B1 100 000
Drawings/Ontrekkings B2 1 300
Equipment/toerusting B3 32 500
Vehicles/voertuie B4 34 000
Fixed deposit/vaste deposito B5 10 000
Land and building/grond en geboue B6 50 000
Bank B7 2 150
Debtors control/debiteurekontrole B8 3 100
Trading stock/Handelsvoorraad B9 18 200
Loan:BUZZ/Lening BUSS B10 31 535
Creditors control/Krediteurekontrole B11 5 375

Nominal sheet section

Sales/verkope N1 42 000
Cost of sales/koste van verkope N2 28 000
Debtors allowance/debiteureafslag N3 750
Rent income/Huur inkomkste N4 4 000
Interest income/rente inkomste N5 1 000
Repairs/Herstelwerk N6 90
Telephone/telefoon N7 170
Advertisements/advertensie N8 1 310
Consumbale goods/Verbruikersgoedere N9 300
Stationary/skryfbehoeftes N10 540
Interest on loan/Rente op lening N11 1 500

183 910 183 910

183 910 152 375

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C. Bookkeeping of a sole trader: Credit

EXERCISE 1 DATE:___________________
CASH RECEIPTS JOURNAL OF JABU SHOES FOR JULY 2016 CRJ
Debtors control Sundry accounts
Doc. Analysis of Cost of
D Details Fol Bank Sales Discount
No. receipt sales Receipts Amount Fol Details
allowed

BS 6 K Khuma 840 840 840 25

CRT2 8 M Zulu 3562,50 3562,50 3562,50 2 500
BS 12 D Pada 200 200
BS 16 M Zulu 475 475 25
R54 25 D Pada 400 400 400
R55 27 Mr Khuma 704 704 704 96
BS 30 R Majola 1 500 1 500 120

7681,5 3562,50 2 500 4 119 266

50
 51

DEBTORS JOURNAL OF JABU SHOES FOR JULY 2016 DJ

Inv. No. D Debtor Fol Sales Cost of sales
112 10 D Pada 400 266,67
113 K Khuma 980 653.33
114 R Majola 200 133.33
115 20 R Majola 3 800 2533,33

5 380 3586,66

DEBTORS ALLOWANCE JOURNAL OF JABU SHOES FOR JULY 2016 DAJ

C/N No. D Debtor Fol Debtors Cost of Sales
allowance
45 11 K Khuma 180 120
46 21 R Majola 175

355 120

EXERCISE 2
DEBTORS JOURNAL OF YN TRADERS FOR MARCH 2017 DJ
Inv. No. D Debtor Fol Sales Cost of sales
Y15 5 O Cruise 1 460 730
Y16 12 M Martin 1 900 950

3 360 1 680

DEBTORS ALLOWANCE JOURNAL OF YN TRADERS FOR MARCH 2017 DAJ

C/N No. D Debtor Fol Debtors Cost of Sales
allowance
C21 7 O Cruise 280 140
C22 15 M Martin 140

420 140

51
 52

CASH RECEIPTS JOURNAL OF YN TRADERS FOR MARCH 2017 CRJ

Debtors control Sundry accounts
Doc. Analysis of Cost of
D Details Fol Bank Sales Discount
No. receipt sales Receipts Amount Fol Details
allowed

K45 6 O Cruise 1 170 1 170 1 170 30

BS 20 O Crooke 180 180 20

KRR15 25 M Martin/kontant 2 100 2 100 2 100 1 050

K46 28 O Cruise 500 500 500
BS 30 M Martin 2 910 2 910 150

6 860 2 100 1 050 4 760 200

52
 53

EXERCISE 3

CASH RECEIPTS JOURNAL OF LD TRADERS FOR OCT 2018 CRJ

Debtors control Sundry accounts
Analysis of Cost of
Doc. No. D Details Fol Bank Sales Discount
receipt sales Receipts Amount Fol Details
allowed

CRT 99 3 Cash 3 500 3 500 3 500 2 800

BS 8 F Frankin 11 400 11 400 600
R77 12 S Smith 1 100 1 100 1 100
BS 20 R Roux 4 000 4 000 400
BS 30 S Smith 500 500 60

20 500 3 500 2 800 17 000 1 060

53
 54

DEBTORS JOURNAL LD TRADERS FOR OCT 2018 DJ

Inv. No. D Debtor Fol Sales Cost of sales
M22 5 R Roux 5 400 4 320
M23 F Frankin 900 720
M24 15 F Frankin 2 250 2 000
M25 25 S Smith 1 200 960

9 750 8 000

DEBTORS ALLOWANCE JOURNAL LD TRADERS FOR OCT 2018 DAJ

C/N No. D Debtor Fol Debtors Cost of Sales
allowance
33 10 R Roux 540 432
34 F Frankin 65

605 432

54
 55

EXERCISE 4
CASH RECEIPTS JOURNAL OF PREMIUM STORES – MARCH 2018 CRJ
Debtors control Sundry accounts
Doc. Analysis of Cost of
D Details Fol Bank Sales Discount
no. receipts sales Receipts Amount Fol Details
Allowed
01 1 B. Banana 3 000 3 000 3 000 220
 4 Sales 5 430 5 430 5 430 3 110
02 10 M. Julius 2 500 2 500 2 500 Rent income
03 20 A. Apple 750 750 750
BS 27 Bank 90 90 Interest income

11 680 5 430 3 110 3 750 220 2 590

CASH PAYMENTS JOURNAL OF PREMIUM STORES – MARCH 2018 CPJ

Doc. Trading Sundry accounts
no. D Details Fol Bank Wages Stationery
stock Amount Fol Details
144 5 VB Traders 10 670 10 250 420
145 22 Telcom 520 520 Telephone
BS 27 Bank 75 75 Bank charges
146 28 Cash 1 860 1 860
11 265 10 250 1 860 420 595

55
 56

DEBTORS JOURNAL OF PREMIUM STORES – MARCH 2018 DJ8

INV NO DATE NAME OF DEBTORS FOL SALES COST OF SALES
008 3 A. Apple 1 320 860
009 C. Carrot 1 800 1 440
010 12 B. Banana 750 430

3 870 2 730

DEBTORS ALLOWANCES JOURNAL OF PREMIUM STORES – MARCH 2018 DAJ8

C/N NO DATE NAME OF DEBTORS FOL DEBTORS
COST OF SALES
ALLOWANCES
45 15 A. Apple 230 110
46 21 B. Banana 120 -

350 110

56
 57

OEFENING 4
KONTANTONTVANGSTEJOERNAAL VAN PREMIUM WINKELS – MAART 2018 KOJ
Ontleding Koste Debiteurekontrole Diverse Rekeninge
Dok.
D Besonderhede Fol van Bank Verkope van Ontvang Korting
no. Bedrag Fol Besonderhede
Ontvangstes Verkope stes toegestaan
01 1 B. Banana 3 000 3 000 3 000 220
KRR 4 Verkope 5 430 5 430 5 430 3 110
02 10 M. Julius 2 500 2 500 2 500 Huurinkomste
03 20 A. Apple 750 750 750
B/S 27 Bank 90 90 Rente-inkomste

11 680 5 430 3 110 3 750 220 2 590

KONTANTBETALINGSJOERNAAL VAN PREMIUM WINKELS – MAART 2018 KBJ

DoK. Handels Skryf- Diverse Rekeninge
no. D Besonderhede Fol Bank Lone
voorraad behoeftes Bedrag Fol Besonderhede
144 5 VB Handelaars 10 670 10 250 420
145 22 Telkom 520 520 Telefoon
BS 27 Bank 75 75 Bankkoste
146 28 Kontant 1 860 1 860

11 265 10 250 1 860 420 595

57
 58

DEBITEUREJOERNAAL VAN PREMIUM WINKELS – MAART 2018 DJ8

Fakt. No Dag Naam van Debiteur FOL Verkope Koste van
verkope
008 3 A. Apple 1 320 860
009 C. Carrot 1 800 1 440
010 12 B. Banana 750 430

3 870 2 730

DEBITEUREAFSLAGJOERNAAL VAN PREMIUM WINKELS – MAART 2018 DAJ8

K/N No Dag Naam van Debiteur FOL Debiteure- Koste van
afslag Verkope
45 15 A. Apple 230 110
46 21 B. Banana 120 -

350 110

58
 59

EXERCISE 5
CASH PAYMENTS JOURNAL OF OWEN STORES FOR MAY 2018 CPJ
Creditors control Sundry Accounts
Doc.
D Details Fol Bank Discount
No. Payments Amount Fol Details
received
EFT20 5 Tricon 3000 3 000 150
EFT21 25 Moosa 1 400 1 400 180
EFT22 30 BLT 2 848,50 2 848,50 316,50

7 248,50 7 248,50 646,50

59
 60

CREDITORS JOURNAL– OF OWEN STORES FOR MAY 2018 CJ

Inv. Creditors Trading Sundry accounts
D Creditors Fol Consumables Equipment
no. control stock Amount Fol Details
235 3 Moosa 2 450 2 140 310
236 12 Moosa 2 682 1 333 450 899 Drawings
237 14 Tricon 589 589

5 721 3 473 310 1 039 899

CREDITORS ALLOWANCE JOURNAL– OF OWEN STORES FOR MAY 2018 CAJ

Creditors Trading Sundry accounts
DN D Creditors Fol Consumables Equipment
control stock Amount Fol Details
20 7 Moosa 245 214 31
21 14 Moosa 450 450
22 18 Tricon 120 120

815 334 31 450

EXERCISE 6
60
 61

CASH PAYMENTS JOURNAL OF CHER MUSIC SHOP – MARCH 2018 CPJ

Creditors control Sundry Accounts
Doc. No. D Details Fol Bank Discount
Payments Amount Fol Details
received
EFT112 4 FM Music 5 000 5 000 250
EFT113 10 Musica 2 400 2 400 400
EFT114 12 CD Traders 1 800 1 800 200
EFT115 27 Musica 4 450 4 450 260
EFT116 30 FM Music 1 997,50 1 997,50 352,50
EFT117 31 CD Traders 1 200 1 200

16 847,50 16 847,50 1 462.50

CREDITORS JOURNAL– CHER MUSIC SHOP – MARCH 2018. CJ

Creditors Trading Sundry accounts
Inv D Creditors Fol Equipment
control stock Amount Fol Details
111 5 CD Traders 4 800 2 300 2 500
112 6 Musica 4 200 4 200
113 15 CD Traders 6 800 6 800
114 18 Musica 1 710 1 710

17 510 8 210 9 300

CREDITORS ALLOWANCE JOURNAL OF CHER MUSIC SHOP – MARCH 2018 CAJ

DN D Creditors Fol Creditors Trading Equipment Sundry accounts

61
 62

control stock Amount Fol Details

2 7 Musica 1 200 1 200
3 16 CD Traders 680 680

1 880 1 200 680

FM: 7 600 - 5 000- 250 =2 350 -352,50(15%) =1997,5

Musica: 2 800+ 4 200 – 1200-2400-400+1710 = 4710

EXERCISE 7
62
 63

CASH RECEIPTS JOURNAL OF TIRED (MOEG) TRADERS - JUNE 2017 CRJ

Debtors control Sundry accounts
Doc. Analysis of Cost of
D Details Fol Bank Sales Discount
No. receipt sales Receipts Amount Fol Details
allowed

CRT1 1 Cash 2 100 2 100 2 100 1 400

R59 9 P Jones 285 285 285 15

2 385 2 100 1 400 285 15

CASH PAYMENTS JOURNAL OF TIRED (MOEG) TRADERS - JUNE 2017 CPJ

Creditors control Sundry Accounts
Doc. Trading
D Details Fol Bank Stationery Discount
No. Stock Payments Amount Fol Details
received
EFT76 15 T Mazana 1 200 620 150 430 70
EFT77 25 BM Repairs 225 225 15

1 425 620 150 655 85

CREDITORS JOURNAL– TIRED (MOEG) TRADERS - JUNE 2017 CJ

Inv. Creditors Trading Sundry accounts
D Creditors Fol Stationery Equipment
no. control stock 63
 64

46 1 LK Traders 930 930

47 5 King Stationers 450 450
48 10 BM Repairs 240 240 Repairs
49 23 TH Consumables 6 345 275 6 070

7 965 930 725 6 070 240

CREDITORS ALLOWANCE JOURNAL– TIRED (MOEG) TRADERS - JUNE 2017 CAJ

Creditors Trading Sundry accounts
DN D Creditors Fol Stationery Equipment
control stock Amount Fol Details
20 16 Kings Stationers 15 15
21 30 TH Consumables 185 185

200 15 185

64
 65

DEBTORS JOURNAL OF TIRED (MOEG) TRADERS - JUNE 2017 DJ

Inv. No. D Debtor Fol Sales Cost of sales

32 3 P Jones 1 720 1 376
33 M Prins 1 215 972
34 9 B Smith 5 600 4 480

8 535 6 828

DEBTORS ALLOWANCE JOURNAL OF TIRED (MOEG) TRADERS - JUNE 2017 DAJ

C/N No. D Debtor Fol Debtors Cost of Sales
allowance
48 12 P Jones 80 64
49 17 B Smith 280

360 64

65
 66

EXERCISE 8

CASH RECEIPTS JOURNAL OF PARTY PLANET FOR MARCH 2014

CRJ
Analysis Debtors control Sundry accounts
Cost of
Doc. No. D Details Fol of Bank Sales Discount
sales Receipts Amount Fol Details
receipts Allowed
CRT 5 2 Cash 3 276 3 276 2 340
R57 K Kotze 960 4 236 960
BS 6 C Burger 1 558 1 558 82
CRT 6 Cash 9 072 9 072 9 072 6 480
BS 29 Girls High 2 700 2 700 30

17 566 12 348 8 820 5 218 112

66
 67

CASH PAYMENTS JOURNAL OF PARTY PLANET FOR MARCH 2014

CPJ
Creditors control Sundry accounts
Trading
Doc. No. D Details Fol Bank Discount
Stock Payments Amount Fol Details
received
EFT277 3 EJ MOTORS 68 000 68 000 Vehicles/Voertuie
BS 9 Cash 4 500 4 500 Wages/lone
EFT278 10 August 6 004 6 004 316
EFT279 17 EJ Motors 3 610 3 610 190
EFT280 19 August 5 184 5 184
EFT281 Speedy 330 330
BS 26 Cash 5 000 4 500 Wages
500 Drawings

92 628 5 514 9 614 506 77 500

67
 68

CREDITORS JOURNAL OF PARTY PLANET FOR MARCH 2014 CJ

Sundry accounts
Inv. Creditors Trading
D Creditor Fol Fo
no. control stock Amount Details
l
92 5 Marais Ltd 5 920 5 920
93 14 E J MOTORS 1 700 680 Repairs/Herstelwerk
1 020 Fuel/Brandstof

7 620 5 920 1 700

CREDITORS ALLOWANCES JOURNAL OF PARTY PLANET FOR MARCH CAJ

Sundry accounts
D/N Creditors Trading
D Creditor Fol Fo
no. control stock Amount Details
l
20 7 Marais ltd 230 230
21 15 EJ Motors 70 70 Repairs/Herstelwerk

300 230 70

68
 69

DEBTORS JOURNAL OF PARTY PLANET FOR MARCH 2014 DJ

Inv. No. D Debtor Fol Sales Cost of Sales
112 16 Paarl Girls High 2 800 2 000
113 18 J Ranjit 882 630

3 682 2 630

DEBTORS ALLOWANCES JOURNAL OF PARTY PLANET MARCH 2014 DAJ

C/N No. D Debtor Fol Debtors Cost of Sales
Allowance
55 20 J Ranjit 112 80
56 28 Paarl Girls High 70

182 80

EXERCISE 9 DATE:_________________

GENRAL LEDGER OF CAMERON TRADERS

BALANCE SHEET SECTION
DEBTORS CONTROL
Apr 1 Balance bd 2 755 Apr 30 Debtors Allow DAJ 300
30 Sales DJ 8 655 Bank CRJ 2 921
Discount Allowed CRJ 84
Balance c/d 8 105
11 410 11 410
Ma
y 1 Balance b/d 8 105

TRADING STOCK
Apr 1 Balance bd 5 848 Apr 30 Cost of Sales DJ 3 462
30 Cost of sales DAJ 20 Cost of sales CRJ 976
Balance c/d 1 430

5 868 5 868
May 1 Balance b/d 1 430

NOMINAL SECTION

69
 70

SALES
Apr 1 Total bd 19 325
30 Debtors Control DJ 8 655
Bank CRJ 1 220
potlood 29 200

COST OF SALES
Apr 1 Total bd 8 308 30 Trading Stock DAJ 20
30 Trading S DJ 3 462
Trading Stock CRJ 976
potlood 12 746

DEBTORS ALLOWANCE
Apr 1 Total bd 176
30 Debtors contrl DAJ 300
476

DISCOUNT ALLOWED
Apr 1 Total bd 394
30 Debtors control CRJ 84
478

DEBTORS LEDGER OF Cameron Traders

M Murray DL1
70
 71

Date Details Fol Debit Credit Balance

Apr 1 Total bd 1 300 1 300
2 Receipt 52 CRJ 1 250 50
Discount Allowed CRJ 50 0
10 Invoice 20 DJ 3 215 3 215
N SAULS DL2

Date Details Fol Debit Credit Balance

Apr 1 Total bd 550 550
5 Invoice 19 DJ 300 850
7 Credit note 5 DAJ 50 800
1 Receipt 54 CRJ 766 34
0
Discount allowed CRJ 34 0
2 Invoice 22 DJ 890 890
0
R BRINK DL3

Date Details Fol Debit Credit Balance

Apr 1 Total bd 905 905
1 Invoice 21 DJ 1 250 2 155
7
2 Credit note 6 DAJ 250 1 905
0
2 Receipts 55 CRJ 905 1 000
3
2 Invoice 23 DJ 3 000 4 000
7
DEBTORS LIST
M Murray DL1 3 215
N Sauls DL2 890
R Brink DL3 4 000
8 105

71
 72

EXERCISE 10
GENERAL LEDGER OF DQ TRADERS
BALANCE SHEET SECTION
DEBTORS CONTROL
Nov 1 Balance bd 1 880 Nov 30 Debtors allowance DAJ 116
30 Sales DJ 2 380 Bank CRJ 1976.20
Discount Allowed CRJ 33.80
Balance c/d 2 134
4 260 4 260
Des 1 Balance b/d 2 134

TRADING STOCK
Nov 1 Balance b/d 21 580 Nov 30 Cost of Sales DJ 1 785
Cost of Sales DAJ 67.50 Cost of sales CRJ 6 875

Bank CPJ 5 900 Balance cd 18 887,50

27547,50 27547,50
Dec 1 Balance b/d 18 887,50

NOMINAL SECTION
SALES
Nov 1 Total bd 15 000
30 Debtors DJ 2 380
Bank CRJ 9166.67
potlood 26546.67

COST OF SALES
Nov 1 Total bd 11 250 Nov 30 Trading Stock DAJ 67.50
30 Trading stock DJ 1 785
Trading Stock CRJ 6 875
potlood 19 910 67,5

DISCOUNT ALLOWED
Nov 1 Total bd 250

72
 73

30 Debtors control CRJ 33.80

283,80

DEBTORS ALLOWANCE
Nov 1 Total bd 600
30 Debtors Control DAJ 116
potlood 716

EXERCISE 9
DEBTORS LEDGER OF DQ TRADERS

Date Details Fol Debit Credit Balance

Nov 1 Saldo ab 520 520
4 Kwitansie 001 KO 500 20
J
Korting Toeg KO 20 -
J
13 Faktuur 3 DJ 1 080 1 080

H WAIN DL1

Date Details Fol Debit Credit Balance

Nov 1 Saldo ab 360 360
1 Faktuur 001 DJ 520 880
11 Kredietnota 2 DAJ 26 854

J MEILKLE DL2

Date Details Fol Debit Credit Balance

73
 74

Nov 1 Saldo ab 1 000 1 000

14 Kwitansie 3 KO 8 00 200
J

B BOTHA DL3

T HOLDT DL 4

Date Details Fol Debit Credit Balance

Nov 1 Faktuur 2 DJ 780 780
9 Kredietnota 1 DAJ 90 690
1 Kwitansie 2 KOJ 676,20 13,80
2
Korting T KOJ 13,80 -

DEBTORS LIST
H WAIN DL1 1 080
J MEIKLE DL2 854
B BOTHA DL3 200
T HOLDT DL4
2 134

EXERCISE 11

GENERAL LEDGER OF Ngrini Traders

BALANCE SHEET SECTION

74
 75

CREDITORS CONTROL
Aug 30 Bank CPJ 37 544 Aug 1 Balance b/d 9 775
Discount received CPJ 630 30 Sundry accounts CJ 169 263
Sundry accounts CAJ 2 443
Balance c/d 138 421
179 038 179 038
Sep 1 Balance b/d **138 421

TRADING STOCK
Aug 1 Balance b/d 2 000 Aug 30 Creditors control CAJ 2 443
Creditors Control CJ 169 263 Balance c/d 168 820

171 263 171 263

Sep 1 Balance b/d 168 820

NOMINAL SECTION

DISCOUNT RECEIVED
Aug 1 Total b/d 100
31 Creditors control CPJ 630

potlood 730

CREDITORS LEDGER OF NGRINI TRADERS

POLOKWANE MOTORS CL1

Date Details Fol Debit Credit Balance

Aug 1 Balance b/d 250 (250)

75
 76

Invoice 552 CJ 129 000 128 750

2 EFT 724 CPJ 25 000 103 750

7

MOOSA LTD CL2

Date Details Fol Debit Credit Balance

Aug 1 Balance b/d 2 750 2 750

3 Invoice 553 CJ 11 000 13 750

8 Invoice 556 CJ 429 14 179

1 EFT 718 CPJ 2 640 11 539

6

Discount Received CPJ 110 11 429

1 Debit note 110 CAJ 74 11 355

8

ABBA TRADERS CL 3
Date Details Fol Debit Credit Balance
Aug 1 Balance b/d 1 250 1 250

6 Invoice 555 CJ 230 1 480

8 Debit note 108 CAJ 34 1 446

15 Invoice 559 CJ 9 000 10 446

NGOZI TRADERS CL 4
Date Details Fol Debit Credit Balance
Aug 1 Balance b/d 5 125 5 125
3 Invoice 554 CJ 5 754 10 879
5 Debit note 107 CAJ 455 10 424
1 EFT 717 CPJ 9 904 520

76
 77

4
Discount received CPJ 520 0
1 Invoice 558 CJ 4 450 4 450
5

MPONGO TRADERS CL 5
Date Details Fol Debit Credit Balance
Aug 1 Balance b/d 900 900
1 Invoice 557 CJ 9 400 10 300
2
1 Debit note 109 CAJ 1 880 8 420
5

Creditors List
Polokwane Motors CL1 103 750
Moosa Ltd CL2 11 355
Abba Traders CL3 10 446
Ngozi Traders CL4 4 450
Mpongo Traders CL5 8 420
**138421

EXERCISE 12

GENERAL LEDGER OF ZZ STORES

BALANCE SHEET SECTION
CREDITORS CONTROL

77
 78

Jan 30 Bank CPJ 5 550 Jan 1 Balance b/d 9 950

Discount received CPJ 110 30 Sundry accounts CJ 12 955
Sundry accounts CAJ 810
Balance c/d 16 435
22 905 22 905
Feb 1 Balance b/d **16 435

TRADING STOCK
Jan 1 Balance b/d 18 900 Jan 30 Creditors control CAJ 670
Creditors Control CJ 7 435 Balance c/d 3 1385
12 Bank CPJ 120
15 Bank CPJ 5 600

32 055 32 055
Feb 1 Balance b/d 31385

NOMINAL SECTION

DISCOUNT RECEIVED
Jan 1 Total b/d 580
31 Creditors control CPJ 110

potlood 690

CREDITORS LEDGER OF ZZ STORES

DENNISON TRADERS CL1

78
 79

Date Details Fol Debit Credit Balance

Jan 1 Balance bd 6 560 6 560

12 Invoice 556 CJ 2 350 8 910

13 EFT 15 CPJ 3 000 5 910

20 DN 51 CAJ 140 5 770

23 Invoice 559 CJ 3 340 9 110

BENNIE BAKERS CL2

Date Details Fol Debit Credit Balance

Jan 1 Balance bd 2 280 2 280

7 Invoice 555 CJ 1 615 3 895

12 Debit note 50 CAJ 670 3 225

17 EFT17 CPJ 1 000 2 225

22 EFT 19 CPJ 500 1 725

Discount Received CPJ 50 1 675

BROWN WHOLESALERS CL3

Date Details Fol Debit Credit Balance

Jan 1 Balance bd 1 110 1 110

5 EFT 12 CPJ 1 050 60

Discount Received CPJ 60 0

23 Invoice 558 CJ 980 980

79
 80

UNBELIEVABLE STORES CL4

Date Details Fol Debit Credit Balance

Jan 1 Invoice 557 CJ 4 670 4 670
7

Creditors List
Dennison Traders CL1 9 110
Bennie Bakers CL2 1 675
Brown Wholesalers CL3 980
Unbelievable Stores CL4 4 670
**16 435

EXERCISE 13

GENERAL LEDGER OF MNGUNI STORES

BALANCE SHEET ACCOUNTS
DR BANK B1 CR
2022 1 Balance b/d 17 220 2022 30 Sundry accounts/ CPJ 27 480
Apr Apr
Total payments
30 Sundry account/ CRJ 25 855 Balance c/d 15 595
Total receipts

80
 81

43 075 43 075
Mei 1 Balance b/d 15 595

DR TRADING STOCK B2 CR
2022 1 Balance b/d 10 870 2022 30 Cost of sales CRJ 5 230
Apr Apr

30 Bank CPJ 2 030 Creditors Control CAJ 5 870

Creditors Control CJ 21 500 Cost of sales DJ 7 925
Petty cash PCJ 980 Balance c/d 16 815
Cost of sales DAJ 460
35 840 35 840
Mei 1 Balance b/d 16 815

DR DEBTORS CONTROL B CR
2022 1 Balance b/d 10 100 2022 30 Bank CRC #7 680
Apr Apr RJJ
30 Petty cash PCJ 70 Discount allowed KOJ #350
Sales DJ 12 680 Debtors allowances DAJ 980
Balance c/d 13 840
22 850 22 850
Mei 1 Balance b/d 13 840 # can combine 8 030

DR CREDITORS CONTROL B CR
2022 30 Bank CPJ #15 880 2022 1 Balance b/d 18 970
Apr Apr

Discount received CPJ #1 120 30 Sundry accounts/ CJ 31 400

Total sales
Sundry accounts/ CAJ 8 420
Total returns
Balance c/d 24 950
50 370 50 370
# can combine 17 000 Mei 1 Balance b/d 24 950

81
 82

NOMINAL ACCOUNTS
DR SALES N1 CR
2022 1 Total b/d 67 770
Apr

30 Bank CRJ 12 675

Debtors control DJ 12 680
93 125

DR COST OF SALES N2 CR
2022 1 Total b/d 34 330 2022 30 Trading stock DAJ 460
Apr Apr

30 Trading stock CRJ 5 230 Total c/d 47 025

Trading stock DJ 7 925
47 485 47 485
Mei 1 Total a/b 47 025

OEFENING 13

ALGEMEN GROOTBOEK VAN MNGUNI WINKELS

BALANSTAATREKENINGE AFDELING
DT BANK B1 KT
2022 1 Saldo a/b 17 220 2022 30 Diverse rekening/ KBJ 27 480
Apr Apr
Totale betalings
30 Diverse rekening/ KOJ 25 855 Saldo o/d 15 595
Totale ontvangste
43 075 43 075
Mei 1 Saldo a/b 15 595

82
 83

DT HANDELSVOORRAAD B2 KT
2022 1 Saldo a/b 10 870 2022 30 Koste van verkope KOJ 5 230
Apr Apr

30 Bank KBJ 2 030 Krediteurekontrole KAJ 5 870

Krediteurekontrole KJ 21 500 Koste van verkope DJ 7 925
Kleinkas KKJ 980 Saldo o/d 16 815
Koste van verkope DAJ 460
35 840 35 840
Mei 1 Saldo a/b 16 815

DT DEBITEUREKONTROLE B KT
2022 1 Saldo a/b 10 100 2022 30 Bank KOJ #7 680
Apr Apr

30 Kleinkas KKJ 70 Korting toegestaan KOJ #350

Verkope DJ 12 680 Debiteure-afslag DAJ 980
Saldo o/d 13 840
22 850 22 850
Mei 1 Saldo a/b 13 840 # kan saamvoeg 8 030

DT KREDITEUREKONTROLE B KT
2022 30 Bank KBJ #15 880 2022 1 Saldo a/b 18 970
Apr Apr

Korting ontvang KBJ #1 120 30 Diverse rekening/ KJ 31 400

Totale aankope
Diverse rekening/ KAJ 8 420
Totale terugsendings
Saldo o/d 24 950
50 370
# kan saamvoeg 17 000 Mei 1 Saldo a/b 24 950

83
84

84
 85

NOMINALE REKENING AFDELING

DT VERKOPE N1 KT
2022 1 Totaal a/b 67 770
Apr

30 Bank KOJ 12 675

Debiteurekontrole DJ 12 680
93 125

DT KOSTE VAN VERKOPE N2 KT

2022 1 Totaal a/b 34 330 2022 30 Handelsvoorraad DAJ 460
Apr Apr

30 Handelsvoorraad KOJ 5 230 Totaal o/d 47 025

Handelsvoorraad DJ 7 925
47 485 47 485
Mei 1 Totaal a/b 47 025

EXERCISE 14
DEBTORS LEDGER OF Hutties Traders
M KOCK DL1

Date Details Fol Debit Credit Balance

Jan 1 Balance bd 1 000 1 000
5 Invoice F123 DJ 1 000 2 000
6 Credit note 1 DAJ 350 1 650
1 Receipt 21 CRJ 900 750
5
Discount allowed CRJ 100 650
2 Invoice 262 DJ 2 800 3 450
0
3 Receipt 30 CRJ 1 200 2 250
0

85
 86

EXERCISE 15
DEBTORS LEDGER OF DRAKIE TRADERS
LONDIWE Radebe
DL1

Date Details Fol Debit Credit Balance

Feb 1 Balance bd 1 400 1 400

4 Receipt 45 CRJ 1 200 200

Discount allowed CRJ 200 -

7 Invoice 56 DJ 2 800 2 800

8 Credit note CN12 DAJ 400 2 400

1 Invoice 78 DJ 3 420 5 820

5

2 Receipt 89 CRJ 1 000 4 820

1

2 Receipt 101 CRJ 3 615 1 205

9

Discount Allowed CRJ 1 205 0

EXERCISE 16
CREDITORS LEDGER OF Zandri Traders
Waltons CL1

Date Details Fol Debit Credit Balance

Jun 1 Balance bd 8 500 8 500
5 Invoice W123 CJ 3 500 12 000
1 Debit note 12 CAJ 500 11 500
2
1 EFT 11 CPJ 8 000 3 500
5
Discount received CPJ 500 3 000
2 Invoice 246 CJ 5 400 8 400
0
3 EFT 20 CPJ 1 500 6 900
1
Discount received CPJ 100 6 800

86
 87

EXERCISE 17
CREDITORS LEDGER OF Ferrum Traders
Sipho Traders CL1

Date Details Fol Debit Credit Balance

Mrch 1 Balance bd 6 600 6 600

5 Invoice DD22 CJ 13 330 19 930

7 Debit note V7 CAJ 130 19 800

1 EFT 212 CPJ 6 200 13 600

2

Discount received CPJ 400 13 200

2 Invoice DD40 CJ 15 000 28 200

0

2 Debit note V12 CAJ 1 500 26 700

1

2 EFT 214 CPJ 2 000 24 700

9

Discount received CPJ 105 24 595

EXERCISE 18
GENERAL LEDGER OF SABELO

BALANCE SHEET SECTION

DEBTORS CONTROL
Sep 1 Balance bd 22 349 Sep 30 Debtors allowance DAJ 4 800
30 Sales DJ 28 480 Bank CRJ 17 800
Discount Allowed CRJ 680
Balance cd 27 549
50 829 50 829
Oct 1 Balance bd 27 549

87
 88

CREDITORS CONTROL
Sep 30 Sundry accounts CAJ 9 170 Sep 1 Balance bd 5 000
Bank CPJ 10 000 30 Sundry Accounts CJ 41 710
Discount Received CPJ 160
Balance cd 27 380
46 710 46 710
Oct 1 Balance bd 27 380

TRADING STOCK
Sep 1 Balance bd 12 420 Sep 30 Cost of sales DJ 22 784
30 Cost of sales DAJ 1 780 Cost of sales CRJ 10 160
Bank CPJ 26 670 Creditors control CAJ 2 700
Creditos control CJ 20 715 Balance cd 25 941
61 585 61 585

Oct 1 Balance bd 25 941

88
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EXERCISE 19

1: POSTING TO THE GENERAL LEDGER

1.1
(a)
12 675  + 7 680  + 5 545  = 25 900 

(b)
27 500  – 1 350  – 7550  – 4 260  = 14 340 

(c)
21 500 + 4 500 + 3 180 + 2 220 = 31 400 

(d)
8 420 – 3 050 – 720 – 1 200 = 3 450 

(e) 16
8 800  x 175%  = 15 400 

1.2
GENERAL LEDGER OF MNGUNI STORES
BANK
2016 2016
1 Balance b/d 11 970 30 Total payments  CPJ 27 500
April April

30 Total Receipts  CRJ 25 900  Balance c/d 10 370 

37 870  37 870

May 1 Balance b/d 5 595 8

DEBTORS CONTROL
2016 2016
April
1 Balance b/d 13 750 April
30 Debtors Allowances  DAJ 980

30 Sales  DJ 15 400 Bank  CRJ 7 680

Discount Allowed  CRJ 350
Balance c/d 20 140 

29 150 29 150
May 1 Balance b/d 20 140  13

89
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CREDITORS CONTROL
2016 Total Allowances / 2016
30
Sundry Accounts 
CAJ 8 420 April
1 Balance b/d 21 870
April
Total Purchases /
Bank  CPJ 7 550 30
Sundry Accounts 
CJ 31 400

Discount Received  CPJ 1 120

Balance c/d 36 180

53 270 53 270
May 1 Balance b/d 36 180
13

OEFENING 19
OORBOEK NA DIE ALGEMENE GROOTBOEK

1.1
(a)
12 675  + 7 680  + 5 545  = 25 900 

(b)
27 500  – 1 350  – 7550  – 4 260  = 14 340 

(c)
21 500 + 4 500 + 3 180 + 2 220 = 31 400 

(d)
8 420 – 3 050 – 720 – 1 200 = 3 450 

(e) 16
8 800  x 175%  = 15 400 

1.2
ALGEMENE GROOTBOEK MNGUNI WINKELS
BANK
2016 2016
1 Saldo a/b 11 970 30 Diverse rekeninge  KBJ 27 500
April April

30 Diverse rekeninge  KOJ 25 900  Saldo a/b 10 370 

37 870  37 870

Mei 1 Saldo a/b 5 595 8

90
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DEBITEUREKONTROLE
2016 2016 DAJ
April
1 Saldo o/b 13 750 April
30 Debiteure-afslag 

980

30 Verkope  DJ 15 400 Bank  KOJ 7 680

Korting toegestaan  KOJ 350
Saldo a/b 20 140 

29 150 29 150
Mei 1 Saldo o/d 20 140  14

KREDITEUREKONTROLE
2016 2016
30 Diverse rekeninge  KAJ 8 420 April
1 Saldo a/b 21 870
April

Bank  KBJ 7 550 30 Diverse rekeninge  KJ 31 400

Korting ontvang  KBJ 1 120
Saldo o/d 36 180

53 270 53 270
Mei 1 Saldo a/b 36 180
12

91
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EXERCISE 20

BILL BOOK STORES

2.1 (a) CPJ 

(b) Creditors control 
(c) Petty cash 
(d) CAJ 
(e) Cost of sales  5
Section of the General Ledger
Balance sheet accounts 

Part of the financial statement

Asset / Current assets 
2
Percentage returns
5 196
x 100 = 15%  (one part correct)
34 640
3
Comment:
15% is too high.
Either the business is not making appropriate orders to satisfy the customers /
Or customers are dissatisfied with the goods (quality / condition etc)
Poor quality goods could have resulted in many damages.
2
Explanation for R224:

Correction of error
Stationery was posted in error to the trading stock account 
2

DETAILS DEBIT CREDIT

Drawings  460 
Trading Stock  460 

Correct balance
75 780  – 460  = 75 320 

92
 93

OEFENING 20

BILL BOEK WINKELS

20.1 (a) KBJ 

(b) Krediteurekontrole 
(c) Kleinkas 
(d) KAJ 
(e) Koste van verkope  5
Afdeling van die Algemene
Grootboek Balansstaatrekeninge

Deel van die finansiële staat

Bate / Bedryfsbates
2
Persentasie opbrengste
5 196
x 100 = 15%(een deel korrek)
34 640
3
Opmerking:
15% is te hoog.
Óf die besigheid maak nie gepaste bestellings om die kliënte tevrede te stel nie /
Of kliënte is ontevrede met die goedere (kwaliteit / toestand, ens.)
Goedere van swak gehalte kon baie skade tot gevolg gehad het.
2
Verduideliking vir R224:

Regstelling van fout

Skryfbehoeftes is verkeerdelik in die handelsvoorraadrekening gepos
2

BESONDERHEDE DEBIET KREDIET

Onttrekkings  460
Handelsvoorraad  460

Korrekte saldo
75 780– 460= 75 320

93
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EXERCISE 21
CONTROL TEST

Accounting Grade 10
ANSWERSHEET
Question 1
CASH RECEIPTS JOURNAL of Tristan traders for January 2016 CRJ
Debtors control Sundry accounts
Doc Da Details Analysis Bank Sales Cost of Receipts Discount Amount Details
y of Sales Allowed
Receipts
13 2 K Sharp 680 680 680
CRT 7 B Mncube 430 430 430 253R
6
CRT 9 Cash 2 300 2 300 2 1 353R
7 300
BS 12 E Hsu 1 140 1 140 1 140 60R

94
 95

CASH PAYMENTS JOURNAL of Tristan traders for January 2016 CPJ

Creditors control Sundry accounts
Doc Day Details Bank Wages Amount Discount
Received
34 8 Cash 3 500 3 500
35 9 Sipho suppliers 900 900
36 30 Siphon suppliers 700 700 70R

CREDITORS JOURNAL of Tristan traders for January 2016 CJ

Sundry accounts
Inv Day Creditor Creditors Trading Amount Details
nr control stock
X16 7 King wholesalers 250 250
S53 17 Sipho wholesalers 1 425 1 425R
X25 25 King wholesalers 2 580 2 100 480R Drawings

CREDITORS ALLOWANCE JOURNAL

Sundry accounts
Debit Day Creditor Creditors Trading stock Amount Details
note control
54 30 King wholesalers 350 350

95
 96

DEBTORS JOURNAL
Invoice Da Debtor Sales Cost of Sales
nr y
23 2 E Hsu 765R 450
24 11 B Mncube 340 200R
25 15 K Sharp 780 459R
26 B Mncube 350 206R

DEBTRORS ALLOWANCE JOURNAL

Credit Da Debtor Debtor Cost of Sales
note y allowance
14 12 B Mncube 70 41R
15 19 K Sharp 39 

96
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Question 2
DT  KT
General ledger of Sabelo stores
Balance Sheet section
Debtors control
Sep 1 Balance bd 22 349 Sep 3 Bank CRJ 17 800
0
680
Discount allowed CRJ
sales DJ 28 480 Debtors DAJ 4 800
allow
Balance cd 27 549
50 829 50 829
Oct 1 Balance bd 27 549

Trading stock
Sep 1 Balance bd 12 Sep 30 Cost of CRJ 10 160
420 s
30 Bank CPJ 26 Cost of Dj 22 784
670 s
Creditors CJ 20 Creditors CAJ 2 700
c 715 c
Cost of DAJ 1 780 Balance cd 25 941
S
61 585 61 585
Oct 1 Balance bd 25
941R

97
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Question 3
3.1
Creditors ledger of Mavalane Traders
Sozamma Stores
Month Day Details Folio Debit Credit Balance
Mrch 1 Balance bd 15 750 15 750
4 Invoice 203 CJ 12 000 27 750R
11 Debit note 15 CAJ 2 550 25 200

17 EFT 56 CPJ 15 500 9 700
Discount received CPJ 250R 9 450
27 Invoice 225 CJ 5 630 15 080

3.2
Trade discount: Off the selling price when goods are bought on credit
Discount received: when you pay your account promptly

Question 4
4.1
A R1 900
B Invoice
C DAJ
D R69

98
 99

D.
GENERAL JOURNAL
(GJ)

ALGEMENE
JOERNAAL
99
 100

INTEREST ON OVERDUE ACCOUNTS FROM DEBTORS

EXERCISE 1 DATE:___________
Interest income GJ 13,50

Debtors control

Debtors control GJ 13,50

Interest income

GENERAL JOURNAL
Debtors control Creditors control
Doc D Details Fol Debit Credit
Debit Credit Debit Credit

J Joubert 13,50 13,50

Interest Income 13,50

Charge interest on overdue

account

6 18
150 x 12 x 100 = R13,50

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Debtors control
Interest income
Debiteurekontrol 13,50 +13,50 +13 50
Rente inkomste
e

100
 101

INTERST ON OVERDUE ACCOUNT OF CREDITORS

EXERCISE 2 DATE:______________

Creditors control
Interest expense GJ 200

Creditors control GJ 200

Interest expense

GENERAL JOURNAL
Debtors control Creditors control
Doc D Details Fol Debit Credit
Debit Credit Debit Credit

Interest expense 200

Natasha Stores 200 200

Interest charged on overdue

account

15 4
4 000 x 100 x 12 = R200

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Interest
Creditors control 200 -200 +200
expense

101
 102

BAD DEBTS
EXERCISE 3 DATE:______________

Debtors control
Bad debts GJ 150

Bad debts
Debtors control GJ 150

GENERAL JOURNAL
Debtors control Creditors control
Doc D Details Fol Debit Credit
Debit Credit Debit Credit

Bad debts 150

B Jones 150 150

Write bad debts off

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Debtors
Bad debts 150 -150 -150
control

102
 103

EXERCISE 4 DATE:______________

Bank
Debtors control CRJ 40

Debtors control
Bank CRJ 40
Bad debts GJ 60

Bad debts
Debtors control GJ 60

GENERAL JOURNAL
Debtors control Creditors control
Doc D Details Fol Debit Credit
Debit Credit Debit Credit
Bad debts 60
J Jeremo 60 60
Write bad debts off

40
R100 x 100 =40

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Debtors
Bank 40 ±40
control
103
 104

Debtors
Bad debts 60 -60 -60
control

BAD DEBTS RECOVERED

EXERCISE 5 DATE:_________
Bank
15 Bad debts recovered CRJ 24

Bad debts recoverd

15 Bank CRJ 24

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Badt debts
Bank 24 +24 +24
recovered

104
 105

DRAWINGS OF STOCK BY THE OWNER

EXERCISE 6 DATE:_____________

Trading stock Gj 550

Drawings

Drawings GJ 550

Donation GJ 100

Trading stock

Trading stock Gj 100

Donation

GENERAL JOURNAL

Debtors Creditors control

Doc D Details Fol Debit Credit control

Debit Credit Debit Credit

Drawings 550

Trading stock 550

Owner take trading stock

Donation 100

Trading stock 100

Trading stock donated

105
 106

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Drawings Trading stock 550 -550 -550
Donation Trading stock 100 -100 100

CORRECTION OF ERROR
EXERCISE 7 DATE:____________

Debtor (B Lewis)
Aug 31 Debtor (P Lewis) GJ 175

Debtor (P Lewis)
Sales DJ 175 Debtors (B Lewis) GJ 175

GENERAL JOURNAL
Debtors control Creditors control
Doc D Details Fol Debit Credit
Debit Credit Debit Credit
B Lewis 175 175
P Lewis 175 175
Correction of error

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s

106
 107

Debtors Debtors
175 ±175
control control

EXERCISE 8 DATE:____________
Equipment
Sep 15 Bank CPJ 180 Sep 30 Repairs GJ 180

Repairs
Sep 30 Equipment GJ 180

GENERAL JOURNAL
Debtors control Creditors control
Doc D Details Fol Debit Credit
Debit Credit Debit Credit
Repairs 180
Equipment 180
Correction of error

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
repairs Equipment 180 -180 -180

107
 108

EXERCISE 9 DATE;_____________

Creditors control
Stationery
Jul 31 (372-327) GJ 45 Jul 15 Stationary CJ 372

Stationery
Jul 15 Creditors control CJ 372 Jul 31 Creditors control GJ 45

GENERAL JOURNAL
Debtors control Creditors control
Doc D Details Fol Debit Credit
Debit Credit Debit Credit
AB Stationers 45 45
Stationery 45
Correction of error

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Creditors
Stationary 45 +45 -45
control

108
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INTERST ON LOAN CAPITALISED

EXERCISE 10 DATE:________________

Loan: Eersterust Bank

Balance bd 30 000
Interest on loan GJ 4 500

Interest on loan
Feb 28 Loan: Eersterust GJ 4 500

General Journal
Debtors control Creditors control
Doc D Details Fol Debit Credit
Debit Credit Debit Credit

Interest on loan 4 500

Loan: Eersterust 4 500
Interest on loan
capitalised

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Loan:Eersterus
Interst on loan 4500 -4500 +4500
t

109
 110

EXERCISE 11 DATE:___________________

Fixed deposit
Balance bd 50 000
Interest on fixed dep GJ 5 000

Interest on fixed deposit

Fixed deposit GJ 5 000

General Journal
Debtors control Creditors control
Doc D Details Fol Debit Credit
Debit Credit Debit Credit
Fixed deposit 5 000
Interest on fixed deposit 5 000
Interest capitalised

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Interest on
Fixed deposit 5 000 +5 000 +5 000
fixed deposit

EXERCISE 12 DATE:_______GENERAL JOURNAL OF Beattrix Traders – April 2011 AJ √

110
 111

Debtors Creditors
Doc d Details Fol Debit Credit control control
Debit Credit Debit Credit
3 Drawings√ 280
Trading stock√ 280
Owner took trading
stock for own use√
7 Bad debts√ 230√
A Sameuls√ 230√ 230√
Write bad debts off
15 B Ben √ 13.33√ 13.33√

J Jack 10.13√ 10.13√

F Fredericks 261.33√ 261.33√

Interest Income 284.79√

Charge interest
19 Drawings√ 120√
Stationery√ 120√
Owner took drawings
for own use
20 Sales√ 180√
H Huang√ 180√ 180√
Correction of error
23 Repairs√ 160√
Land and building√ 160√
Correction of error
26 Wages√ 550√
Salaries√ 550√
Correction of error
29 K Kong√ 530√ 530√
H Kong√ 530√ 530√
Correction of error

Date:____________________ ACCOUNTING EQUATION

Account Account Owners Liabilitie
No Amount Assets
debited credited equity s

111
 112

3 Drawings Trading stock 280 -280 -280

7 Bad debts Debtors control 230 -230 -230
15 Debtors control Interest income 284,79 +284,79 +284,79
19 Drawings Stationary 120 ±120
20 Sales Debtors control -180 -180 -180
Land and
23 Repairs 160 -160 -160
building
26 wages Salaries 550 ±550
29 Debtors control Debtors control 530 ±530

EXERCISE 13 DATE:_________________
GENERAL JOURNAL of Get Set Suppliers for April 2012 GJ
J/V D Details Fol Debit Credit Debtors control Creditors control

112
 113

Debit Credit Debit Credit

1 3 Drawings/Ontrekkings 60
Stationary/skryfbehoeftes 60

2 5 Bad debts/Oninbare skulde 1 260

M Boucher 1 260 1 260

3 6 R Ponting 40 40
Interest I/Rente I 40

4 10 Repairs 1 280
Vehicles 1 280

5 12 Discount received 378

Lara Leaders 378 378

7 14 Graham Nicols 5 060 5 060

Nicols Graham 5 060 5 060

8 16 Donations/donasies 45
Trading Stock/Handelsv 45

9 17 Interest ex 17,5
CoetzeeTraders 17,5 17,5

10 18 Interest E/Rente uit 358

Loan/Lening 358

11 20 Fix deposit/Vaste deposito 14 400

Interest I/Rente I 14 400
23 116 23 116 478 175 5 060 5 060

DATE:_______________________
ACCOUNTING EQUATION
113
 114

Account Owners Liabilitie

No Account debited Amount Assets
credited equity s
3 Drawings Tradings tock 100 -100 -100
5 Bad debts Debtors control 1260 -1260 -1260
Bank Debtors control 840 ±840
6 Debtors control Interest income 40 +40 +40
10 repairs Vehicles 1280 -1280 -1280
Discount
12 Creditors control 378 -378 +378
received
14 Creditors control Creditors control 5 060 ±5 060
16 Donation Trading stock 45 -45 -45
17 Interest exp Creditors control 17,5 -17,5 +17,5
18 Interest exp Loan 358 -358 +358
20

EXERCISE 14 DATE:_________________
GENERAL JOURNAL OF MAMBI TRADERS – JULY 2018
Debtors Ledger Creditors Ledger
Doc D Details Fol Debit Credit
Debit Credit Debit Credit

114
 115

4 L. Nadia 16,80 16,80

Interest Income 16,80
6 Drawings 520
Trading stock 520
7 Bad debts 1 280
X. Zola 1 280 1 280
8 K. Johan 96 96
J. Prieanka 416 416
Interest income 512
9 Drawings 180
Stationery 180
11 Interest expense 230
BV Suppliers 230 230
12 J Mandi 1 500 1 500
J Nandi 1 500 1 500
15 Repairs 2 450
Land and Building 2 450
20 Bad debts 4 810
V. Naughty 3 210 3 210
R. Sally 1 660 1 660
24 Noble Traders 560 560
Noble Suppliers 560 560
27 Bad debt 700 700
Sly Sally 700

OEFENING 14 DATUM:_________________
ALGEMENE JOERNAAL VAN MAMBI HANDELAARSSE– JULIW 2018
Dok D Besonderhede Fol Debiet Krediet Debiteuregrootboe Krediteuregrootbo
k ek
Debiet Krediet Debiet Krediet
115
 116

4 L. Nadia 16,80 16,80

Rente inkomste 16,80
6 Onttrekkings 520
Handelsvoorraad 520
7 Oninbare skuld 1 280
X. Zola 1 280 1 280
8 K. Johan 96 96
J. Prieanka 416 416
Rente inkomste 512
9 Onttrekkings 180
Skryfbehoeftes 180
11 Rente uitgawes 230
BV Verskaffers 230 230
12 J Mandi 1 500 1 500
J Nandi 1 500 1 500
15 Herstelwerk 2 450
Grond en geboue 2 450
20 Oninbare skuld 4 810
V. Naughty 3 210 3 210
R. Sally 1 660 1 660
24 Noble Handelaars 560 560
Noble Verskaffers 560 560
27 Oninbare skuld 700 700
Sly Sally 700

E.
116
 117

RECONCILIATIONS

VERSOENINGS

117
 118

Exercise 1 DATE:_____________

1.1 DEBTORS RECONCILIATION

DETAILS DEBTORS
CONTROL
Balance 21 020
) – 4 790
0
( – 2 210
– 280
-1 110 one mark – 1 110 one mark OR – 2 220
0
) + 630 11
One part correct 12 150

1.1 DEBITEURE REKONSILIASIE

BESONDERHEDE DEBITEURE
KONTROLE
Saldo 21 020
(i) – 4 790

(ii) 0

(iii) – 2 210

(iv) – 280

(v) -1 110 een punt – 1 1101 een punt OF – 2 220

(vi) 0
11
(vii) + 630

Een deel korrek 12 150

118
 119

2 1.2 DEBTORS LIST FOR 31 MAY 2019

DEBTORS AMOUNTS
M. Mary (3 810 – 1 500) 2 310
P. Papers (4 790 – 4 790)  0
G. Gordons (8 340 + 400) 8 740
D. Daniels (2 690 – 1 110– 1 110 + 600 + 30) 1 100
–2 220 two marks + 630 two marks
16
12 150

1.2 DEBITEURE LYS OP 31 MEI 2019

DEBITEURE BEDRAE
M. Mary (3 810 – 1 500) 2 310
P. Papers (4 790 – 4 790)  0
G. Gordons (8 340 + 400) 8 740
D. Daniels (2 690 – 1 110– 1 110 + 600 1 100
+ 30)
–2 220 twee punte + 16
630 twee punte
12 150

5. 1.3 Mention TWO measures that should be implemented by the

3 business before they can grant credit to customers.

Any TWO valid points  

 Salary advice slip/ Proof of income
 Proof of residence/Address
 Contact details of family or friends
 Bank statement/ Bank balance
 Identity document
 Credit references/ Credit history
 Email address
4

119
 120

5. 1.4 Name TWO ways in which you can encourage debtors to pay their
4 accounts on time.

Any TWO valid points  

 Receive discount for prompt payment
 Charge interest
 Sent statements regularly
 Contact debtor by phone, e-mail, WhatsApp
 Gift for early payment
4

1.3 Noem TWEE maatreëls wat ‘n onderneming moet implementeer voordat hul krediet aan
klante toestaan.

Enige TWEE geldige punte  

 Salaris advies/ Bewys van inkomste

 Bewys van woonadres
 Kontakbesonderhede van familie en vriende
 Bankstaat
 Identiteitsdokument/kaart
 Kredietverwysings/Kredietgeskiedenis
 Epos adres

1.4 Noem TWEE maniere waarop debiteure aangemoedig kan word om hul rekeninge
betyds te betaal.

Enige TWEE geldige punte  

 Ontvang korting vir voortydige betalings/ Gee geskenk vir vroegtydige betaling
 Belas met rente
 Stuur state gereeld uit
 Kontak debiteur per foon, e-pos, of “whats-up”

TOTALE PUNTE

120
 121

35

EXERCISE 2 DATE:______________

2.1 Provide ONE reason why the balance in the Debtors’ Control Account must
agree with the balance of the Debtors’ List.

Any ONE reasons 

 Prepared from the same source documents

 Posted from the same journals

2.2 List the corrections that the bookkeeper must make to the Debtors' Control
Account on 31 October 2019 in the General Ledger.
8 450 1 mark 150 1 mark

48 900 + 6 400  – 8 600  = 46 700  operation one part correct

2.3 Prepare the correct Debtors List on 31 October 2019.

D. Damien (15 800 + 6 400   22 200*

8 450 1 mark 150 1 mark

N. Nocanda (8 600– 8 600  0*

M. Mochela (12 400+ 4 489 – 900  15 989*
1 050 1 mark 1050 1 mark
8 511*
K. Katlego (10 900– 4 489  + 2 100 

operation one part correct 46 700*

18

TOTAL MARKS

121
 122

25

VRAAG 2

2.1 Verskaf EEN rede waarom die saldo van die Debiteurekontrolerekening
met die saldo van die debiteurelys ooreen moet stem.

Enige EEN rede 

 Voorberei vanaf dieselfde brondokumente

 Oorgeboek vanaf dieselfde joernale

2.2 Lys die regstellings wat die boekhouer in die Debiteurekontrolerekenig op 31

Oktober 2019 in die Algemene Grootboek moet maak.

8 450 1 punt 150 1 punt

48 900 + 6 400  – 8 600   = 46 700  bewerking een deel korre

2.3 Stel die korrekte Debiteurelys op 31 Oktober 2019 op.

D. Damien (15 800 + 6 400  22 200*

8 450 1 punt 150 1 punt

N. Nocanda (8 600– 8 600  0*

M. Mochela (12 400+ 4 489 – 900  15 989*
1 050 1 punt 1050 1 punt
8 511*
K. Katlego (10 900– 4 489  + 2 100 
bewerking een deel korrek 46 700*

18

TOTALE PUNTE

122
 123

25

EXERCISE 3 DATE:______________

3.1 Name the source documents that are used to record the following
transactions.
4.1.1 Invoice 
4.1.2 Credit note 
4.1.3 Journal voucher 
4.1.4 Receipt 

3.2.1 Debtors Reconciliation is part of the internal control process. Explain how the
Debtors’ Reconciliation fulfils this internal control function.

Any ONE acceptable answer üü

 Totals from the journals are posted to the Debtors control account while the
individual amounts are posted to the Debtors accounts.
 Reconciliation will ensure that the balance on the Debtors control account
2
equals the total of the Debtors List.

3.2.2 Explain TWO methods what Des Stores can use to make sure that debtors
settle their account on time.
Any TWO acceptable answer ü ü

 Give discount for prompt payment 2

 Charge overdue debtors with interest
 Send SMS/reminders

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 124

3.2.3 Using the information given below calculate the correct balance on the
Debtors Control account and the Debtors List.
DEBTORS CONTROL ACCOUNT
Balance in the beginning 26 266
(i) 4 000 
(ii) (1 800) 

(iv) 0 
(v) 0 
(vi) 4 750 
(vii) 160 
333376 

3.2.3 DEBTORS LIST

A. Ape (6 000 + 160 ) see above 6 160 *

B. Bear (15 100 – 1 800  + 5 300) 18 600 *
C. Cat (9 456 – 1 540  – 5 300) *
- 770 1 mark - 770 1 mark 2 616
D. Dog (1 250 +  + 4 750) *
1 500 1 mark + 200 1 mark 6 000
*
TOTAL * one part correct 33376 15

VRAAG 3

3.1 Noem die brondokumente wat gebruik word om die volgende transaksies te
boekstaaf.

124
 125

2.1.1 Faktuur 
2.1.2 Kredietnota 
2.1.3 Joernaalbewys 
2.1.4 Kwitansie 

125
 126

3.2.1 Debiteureversoening is deel van de interne kontroleproses. Verduidelik hoe

die Debiteureversoening die interne kontrole funksie vervul.

Enige EEN aanvaarbare antwoordüü

 Totale van die joernale word oorgeboek na die Debiteurekontrole- rekening,

terwyl die individuele bedrag oorgeboek word na die Debiteure rekenings.
 Versoening sal verseker dat die saldo op die Debiteurekontrolerekening
gelykstaande is aan die totaal van die Debiteurelys.
2

3.2.2 Verduidelik TWEE metodes wat Des Winkels kan gebruik om te verseker dat
debiteurE hulle rekeninge betyds vereffen.

Enige TWEE aanvaarbare antwoordeü ü

 Gee korting vir betaling betyds ontvang.

 Hef rente op debiteure wat agterstallig is.
 Stuur SMS/herinneringe.

3.2.3 Gebruik die inligting wat hier onder gegee is en bereken die korrekte saldo op
die Debiteurekontrolerekening en die Debiteurelys.

DEBITEUREKONTROLEREKENING 26 266
Saldo aan die begin
(i) 4 000 
(ii) (1 800) 
(iii)
(iv) 0 
(v) 0 
(vi) 4 750 
(vii) 160 
10
35 076 

126
 127

3.2.3 DEBITEURELYS

A. Ape (6 000 + 160 ) sien hierbo 6 160 *

B. Bear (15 100 – 1 800  + 5 300) 18 600 *
C. Cat (9 456 – 1 540  – 5 300) *
- 770 1 punt - 770 1 punt 2 616
D. Dog (1 250 + 4 750) *
1 500 1 punt + 200 1 punt 6 000
TOTAAL* een deel korrek 33376 * 15

TOTALE PUNTE

33

EXERCISE 4 DATE
4.1
(a) Bank 

(b) DJ (Debtors Journal) 

(c) Debtors Allowances 

(d) CRJ (Cash Receipts Journal) 

4

4.2 Provide the source documents that will support the entries for R11 420
and R22 000 on the credit side of the Debtors Control account.

R11 420 Credit Note 

R22 000 Duplicate Receipt / EFTs 

2

4.3  Give ONE reason (example) for the entry of R9 500 on the credit side
of the control account.

Any one valid explanation 

Bad debts / transfer of balance from CL to DL / correction of error 2

 Give ONE reason (example) for the entry of R4 700 on the debit side
of the control account.

Any one valid explanation 

Interest income / discount allowed cancelled / transfer of balance from CL to DL / correction

of error. 2

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4.4 Explain why the balance on the Debtors Control Account in the General
Ledger should be the same as the total on the Debtors’ List.

Any valid explanation 

All amounts involving debtors are posted from the journals to the individual debtor’s ledger
accounts and the journal totals are posted to the Debtors’ Control account in the General
Ledger. The same information posted to SL and GL.
The Debtors Control Account is a summary of the Debtors’ List.
2

4.5 Show how each entry would affect the Debtors Control account and/or
the Debtors List. Indicate the change by showing the increase (+) or
decrease (-).

No. DEBTORS CONTROL DEBTORS LIST

i + 2 400 

ii - 410  - 410 
Or “0” for
iii ± 670 
no change

iv + 900  + 900  8

OEFENING 4 DATUM:__________

4.1
(a) Bank 

(b) DJ (Debiteurejoernaal) 

(c) Debiteure-afslag 

(d) KOJ (Kontantontvangstejoernaal) 

4

4.2 Verskaf die brondokumente wat die inskrywings vir R11 420 en R22 000
op die kredietkant van die Debiteurekontrolerekening sal ondersteun.

R11 420 Kredietnota 

R22 000 Duplikaatkwitansie / EFO's 

2

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4.3  Gee EEN rede (voorbeeld) vir die inskrywing van R9 500 op die
kredietkant van die kontrolerekening.

Enige geldige verduideliking

Oninbare skulde / oordrag van saldo van KG na DG / regstelling van fout 2

Gee EEN rede (voorbeeld) vir die inskrywing van R4 700 op die
debietkant van die kontrolerekening.

Enige geldige verduideliking

Rente-inkomste / afslag toegelaat gekanselleer / oordrag van saldo van KG na DG /

regstelling van fout. 2

4.4 Verduidelik waarom die saldo op die Debiteurekontrolerekening in die

Algemene Grootboek dieselfde moet wees as die totaal op die Debiteurelys.

Enige geldige verduideliking

Alle bedrae waarby debiteure betrokke is, word vanaf die joernale na die individuele
debiteuregrootboekrekeninge oorgeboek en die joernaaltotaal word na die
Debiteurekontrolerekening in die Algemene Grootboek oorgeboek. Dieselfde inligting word
oorgeboek na die DG en AJ.
Die Debiteurekontrolerekening is 'n opsomming van die Debiteurelys. 2

4.5 Wys hoe elke inskrywing die Debiteurekontrolerekening en/of die

Debiteurelys sal beïnvloed. Dui die verandering aan deur die toename
(+) of afname (-) te wys.

Ge DEBITEUREKONTROLE DEBITEURE LYS

en.
i + 2 400 

ii - 410  - 410 
Of "0" vir
iii geen ± 670 
verandering

iv + 900  + 900  8

EXERCISE 5 DATE_____________
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 130

5.1 Explain why the owner was concerned that the Debtors control account and the Debtors List
does not agree. Provide TWO points.  

Checking the balances is an internal control measure.

Errors and omissions are easily identified and corrective action taken.
It ensures information is reliable. Debtors are given correct information.
They will have confidence in the business.
4

5.2 The owner feels that it is a waste of time to reconcile the 2 balances as the errors will be
corrected in time. Explain to him why this is not a good policy and briefly discuss 2 negative
implications for the business if they do not complete the reconciliation and correct any
differences.

THREE valid points   

Errors must be corrected as early as possible as statements must go to debtors.
If the business use internet facilities, debtors would be able to check their accounts,
Debtors would not be pleased with incorrect information
It may make cash management difficult, if money is not collected at regular intervals
The image of the business may be compromised if false/incorrect info is given.
6

5.3 Calculate the correct balance as per the Debtors Control account.

15 260 – 560 + 2 910  – 1 310  = 16 300

5.4 GENERAL JOURNAL OF SAMSUNG STORES FOR MAY 2020 GJ

Debtors control
Doc Day Details Fol Dr Cr
Dr Cr

JV1 31 J. Rhodes 880 880

N. Nair 880 880
JV2 N. Nair 340 340
M. Buthelezi 340 340
JV3 N. Nair 90 90
M. Buthelezi 90 90
JV4 N. Nair 1 600 1 600
Equipment 1 600
2 910 1 310

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5.5 Correct balance on each debtor’s account and work out the new Debtors’ List total.

J. Rhodes 8 400 + 880 9 280 

M. Buthelezi 2 600 – 340 - 90 2 170 
N. Nair 3 700 – 880 + 340 +90+ 1
4 850 
600
TOTAL 16 300  11

OEFENING 5 DATUM:__________

5.1 Verduidelik waarom die eienaar bekommerd was dat die Debiteurekontrolerekening en die
Debiteurelys nie ooreenstem nie. Verskaf TWEE punte. 

Vergelyk die saldo’s as ‘n interne kontrole maatreël.

Weglatings en foute word maklik opgespoor en regstellende stappe word ge .
Dit verseker dat inligting betroubaar is. Debiteure word die korrekte inligting gegee.
Hulle sal vertroue in die besigheid hê.
4

5.2 Die eienaar voel dat dit ‘n mors van tyd is om die 2 saldo’s te versoen aangesien die foute
betyds reggestel sal word. Verduidelik aan hom hoekom dit nie ‘n goeie beleid is nie en
bespreek kortliks 2 negatiewe implikasies vir die besigheid as hulle nie die rekonsiliasie voltooi
en enige verskille regstel nie.

DRIE geldige punte   

Foute moet so vinnig as moontlik opgespoor word, sodra state aan debiteure gestuur word.
Indien die besigheid internet fasiliteite gebruik, sal Debiteure in staat wees om hulle saldo’s te
sien.
Debiteure sal nie gelukkig wees nie, indien foutiewe inligting aan hulle gestuur word.
Dit kan kontantbestuur moeilik maak as geld nie gereeld ingevorder word nie.
Die beeld van die besigheid kan skade lei as vals inligting gegee word.
6

5.3 Bereken die korrekte saldo in die Debiteurekontrole rekening.

15 260 – 560 + 2 910  – 1 310  = 16 300

5

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 132

5.4 Algemene Joernaal van Samsung Winkels vir Mei 2020. AJ

Debiteurekontrole
Dok Dag Besonderhede Fol Dt Kt
Dt Kt

JV1 31 J. Rhodes 880 880

N. Nair 880 880
JV2 N. Nair 340 340
M. Buthelezi 340 340
JV3 N. Nair 90 90
M. Buthelezi 90 90
JV4 N. Nair 1 600 1 600
Toerusting 1 600
2 910 1 310

5.5 Korrekte saldo van elke debiteur en bereken die nuwe Debiteure lys totaal.

J. Rhodes 8 400 + 880 9 280 

M. Buthelezi 2 600 – 340 - 90 2 170 
N. Nair 3 700 – 880 + 340 +90+ 1 600 4 850 
TOTAAL 16 300 
11

EXERCISE 6 DATE_____________

6.1.1 Indicate the corrections that must be made to the Creditor's Control account
in the General Ledger and Creditors' list by showing the amounts with: + for
increase; - for decrease.

CREDITORS CREDITORS
CONTROL LIST
Pre-adjustment balance 21 105 25 315
A -1000 
B -2000  -2000 
C -810 

D +9000 
E +4600 
Allocate marks even if totals do not 27 105  27 105  15
agree

Operation on part correct. Provincial totals added in.

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OEFENING 6 DATUM:__________

6.1.1 Toon die verbeteringe aan wat aan die Krediteurekontrolerekening in die
Algemene grootboek en die Krediteurelys gedoen moet word deur die bedrae
soos volg aan te dui: + toename; - afname.

KREDITEURS- KREDITEURELYS
KONTROLE
Vooraansuiweringsaldo 21 105 25 315
A -1 000 
B -2 000  -2 000 
C -810 

D +9 000 
E +4 600 
Ken punte toe al kom totale nie ooreen 27 105  27 105 
nie

Bewerking een deel korrek. Vooraansuiweringstotale bygetel

15

TOTALE PUNT

15

EXERCISE 7 DATE:______________
7.1.1 The Creditors' Control Account reflected a balance of R58 620 while the total of
the Creditors' List from the Creditors' Ledger reflected a total of R58 800.
Briefly explain why it is important that these two figures agree.

 The control account is a summary of the creditors list therefore the two have to
agree otherwise there is an error
 To facilitate good internal control whereby one process serves as a check on
another (i.e. division of duties)
 To check that the recording and posting has been done correctly
 To detect and correct any omissions, errors and/or fraud
 To control the individual creditors accounts so that correct payments are made to
them
2
 To ensure correct information before making payment to creditors

7.1.2 List the corrections that the bookkeeper must make to the Creditors' Control

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Account in the General Ledger. If no entry is applicable, you must write 'NO
ENTRY'.
The tick must apply to the figure and the positive/negative effect. Assume no + sign is positive.

Balance R58 620

(i) – 7 500 (I mark) – 300 (1 mark) OR – 7 800 
(ii) + 9 500 
(iii) + R245 
(iv) No entry 
(v) – 6 200 (I mark) – 6 200 (1 mark) OR – R12 400 
(vi) No entry 
(vii) – R245 
(viii) + R490 
Final R48 410 
balance Any figure 11

7.1.3 PREPARE A CORRECT CREDITORS' LIST ON 31 OCTOBER 2018.

R
7 500 1 mark 300 1 mark
Khan Traders (7 800 – 7 800) NIL *
– 6 200 (I mark) – 6 200 (1 mark 4 155 *
Thankful Stores (25 700 – 8 900  – 12 400  –
245
Cassios Traders (11 400 + 9 500 + 245 21 145 *
Young Wholesalers (13 900 + 8 900  – 180 + 490  23 110 *
48 410 *
* operation one part correct 16

7.2 Provide THREE points for good internal control over creditors.

Any three valid points   

 Prevent errors from occurring.

 Ensure that creditors are paid on time to make use of discounts.
 Make full use of credit terms to assist cash flow.
 Division of duties.
 Reconcile the balance on the creditors control account with the total of
creditors' list.
 Conduct internal audits to minimise the possibility of fraud or error.
 The statement of account individual creditors must be reconciled with their
accounts in the creditor’s ledger.
6

TOTAL MARKS

35
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VRAAG 7
7.1.1 Die krediteurekontrolerekening reflekteer ‘n saldo van R58 620 terwyl die totaal
van die krediteurelys R58 800 reflekteer. Verduidelik kortliks waarom dit
belangrik is dat die twee bedrae ooreenstem.
 Die kontrolerekening is ‘n opsomming van die krediteurelys daarom moet die
twee ooreenstem of daar is ‘n fout.
 Om goeie interne kontrole te verseker waarby die een proses as ‘n kontrole oor
die ander een (dit is verdeling van pligte).
 Kontroleer of die opstel en oorboeking korrek gedoen is.
 Spoor en korrigeer enige weglatings, foute en/of bedrog op.
 Om kontrole oor individuele krediteure se rekeninge te doen sodat die korrekte
betalings gedoen word
 Om te verseker dat inligting korrek is voordat betalings aan krediteure gedoen
2
word.

7.1.2 Maak ’n lys van die regstellings wat die boekhouer moet maak aan die
krediteure-kontrolerekening in die algemene grootboek. Indien geen inskrywing
van toepassing is nie, skryf ‘GEEN INSKRYWING”.
Die regmerk moet aangewend word vir die bedrag en die positiewe/negatiewe effek daarvan. Aanvaar geen + teken
is positief.

Saldo R58 620

(i) – 7 500 (I punt) – 300 (1 punt) OF 
– 7 800
(ii) + 9 500 
(iii) + 245 
(iv) GEEN INSKRYWING 
(v) – 6 200 (I punt) – 6 200 (1 punt) OF – R12 400 
(vi) GEEN INSKRYWING 
(vii) – R245 
(viii) + R490 
Finale saldo Enige bedrag R48 410  11

22.1.3 STEL DIE KORREKTE KREDITEURELYS OP 31 OKTOBER 2018 OP.

R
7 500 1 punt 300 1 punt
Khan Handelaars (7 800 – 7 800) NUL *
– 6 200 (I punt) – 6 200 (1 punt 4 155 *
Thankful Winkels (25 700 – 8 900  – 12 400 
– 245
Cassios Handelaar (11 400 + 9 500 + 245 21 145 *
Young Groothandelaar (13 900 + 8 900  – 180 + 23 110 *
490 
48 410 *
* bewerking een deel korrek 16

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7.2 Verskaf DRIE punte van goeie interne kontrole oor krediteure.

Enige drie geldige punte   

 Voorkom foute en weglating.
 Verseker dat krediteure betyds betaal word om korting te ontvang.
 Maak ten volle gebruik van krediettermyn om kontantvloei te verbeter.
 Verdeling van pligte.
 Versoen die saldo van die krediteurekontrole rekening met die lys van krediteure.
 Hou interne oudits om die moontlikheid van bedrog en foute te verminder.
 Die rekeningstaat van individuele krediteure moet versoen word met hulle
6
rekeninge in die grootboek.
TOTALE PUNTE

35

EXERCISE 8 DATE:______________
8.1 Explain why the Creditors Control account balance and the Creditors list total
should be equal.
Valid explanation 
The control account and the individual creditors accounts are updated from the same set
of documents and the same journals.

Information from the journals relevant to creditors are posted to the control accounts. The
same information is posted to the individual creditors ledger accounts. 2

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8.2 Corrections to the Creditors Control account

DETAILS DEBIT SIDE CREDIT SIDE
Balance on 1 October 2018 48 735
Credit purchases of stock 72 480
Journal credits 1 450
Bank and discount received 62 910
Total returns and allowances 3 510
Journal debits 2 250

Additional information (i) 2 000 

(ii) - -
(iii) 90 
(iv) 960 
(v) - -

(vi) 2 120 

TOTAL OF EACH COLUMN 67 720  126 785 

Balance on 31 October 2018 57 065 
11

8.3 CREDITORS' LIST ON 31 OCTOBER 2018

CREDITOR DEBIT CREDIT
Green Stores 14 255
Becker Ltd (13 505 + 10 000)  23 505
operation
Suns Warehouse (5 685 - 90 - 960)
 4 635
Lamb Suppliers (8 940 - 1 460)  7 480
operation
Brown Stores (–1 315  + 1 460 )
 145
operation
ZZ Distributors (–2 120  + 2 120 )
 0
Best Bakery (9 615  - 1 285 - 1 285) operation

- 2 570 (2 marks)  7 045

Operation
 57 065 18
ZZ Warehouse: The zero can be indicated in either the debit or credit column.

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8.4 Charl wants to improve the management of his creditors.

Provide TWO internal control measures that he can use to achieve his goal.

TWO valid points  

 Regular audits; check documents and accounts to minimise errors in recording.

 Consider a computerised recording system for more efficiency.
 Make early payments to take advantage of discounts
 Division of duties – shared responsibilities. One checking on the other.
4

OEFENING 8 DATUM:__________________________

8.1 Verduidelik waarom die Krediteurekontrolerekening en die totaal van die

Krediteurelys dieselfde moet wees.

Geldige verduideliking: 

Die kontrolerekening en die individuele krediteure-rekeninge word vanaf dieselfde stel

dokumente en joernale opgeskryf/opdateer.

Inligting van die joernale wat van toepassing is op krediteure word na die
kontrolerekening oorgeboek. Dieselfde inligting word ook na individuele krediteure
grootboekrekening oorgeboek.
2

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8.2 Regstellings in die Krediteurekontrolerekening

BESONDERHEDE DEBIETKANT KREDIETKANT

Saldo op 1 Oktober 2018 48 735
Kredietaankope van voorraad 72 480
Joernaalkrediete 1 450
Bank en korting ontvang 62 910
Totale terugsendings en afslag 3 510
Joernaaldebiete 2 250
Addisionele inligting: (i) 2 000 
(ii) - -
(iii) 90 
(iv) 960 
(v) - -
(vi) 2 120 

TOTAAL VAN ELKE KOLOM 67 720  126 785 

Saldo op 31 Oktober 2018 57 065  11

23.3 KREDITEURELYS OP 31 OKTOBER 2018

KREDITEUR DEBIET KREDIET
Green Winkels 14 255
Becker Bpk (13 505 + 10 000)  23 505
bewerking
Suns Pakstoor (5 685 – 90 – 960)
 4 635
Lamb Verskaffers (8 940 – 1 460)  7 480
bewerking
Brown Winkels (–1 315 + 1 460)
 145
bewerking
ZZ Verspreiders (–2 120 + 2 120)
 0
Best Bakery (9 615 – 1 285 – 1 285) bewerking

– 2 570 (2 punte)  7 045

Bewerking
 57 065 18

ZZ Verspreiders: Die nul kan in die debiet- of kredietkolom aangedui word.

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8.4 Charl wil die bestuur van sy krediteure verbeter. Verskaf TWEE interne beheer
maatreëls wat hy kan gebruik om sy doel te bereik.

TWEE geldige aspekte:  

 Gereelde oudits; kontroleer dokumente en rekeninge om optekenings foute tot 'n

minimum te beperk.
 Oorweeg 'n gerekenardiseerde optekenstelsel / rekenaarprogram/sagteware om
doeltreffendheid/effektiwiteit te verbeter.
 Maak betalings vroegtydig om die voordeel van kortings te benut.
 Verdeling van pligte - deel verantwoordelikheid. Een persoon kontroleer 'n ander een
se werk.
4

TOTALE PUNTE

35

EXERCISE 9 DATE:______________

9.1 Calculation of the correct Journal totals: Show (+) or (-) in the workings
WORKINGS TOTAL
CJ: Credit
R72 480 – 90 72 390
purchases
CAJ: Returns /
R3 510 + 960 4 470
Allowances
CPJ: Payments R62 060 – 2 120 59 940
CPJ: Discount
R850 850
received
GJ : Journal debits R2 250 2 250
GJ: Journal credits R1 450 1 450

140
 141

GENERAL LEDGER OF KARL TRADERS

Dr CREDITORS' CONTROL Cr
(48 735 + 2 000)
2020 30 Bank 59 940 2020 1 50 735
Apr Apr Balance b/d
Total/Sundry
Discount Received 850 purchases
30 72 390
Sundry returns 4 470 Journal credits 1 450
Journal debits 2 250
Balance c/d 57 065
124 575 124 575
2020
1 Balance b/d 57 065
May

9.2 CREDITORS' LIST ON 31 OCTOBER 2018

CREDITOR CREDIT
Groen Stores 14 255
Bender Ltd (13 505 + 10 000) 23 505
Sunday Warehouse (5 685 - 90 - 960) 4 635
Lambie Suppliers (8 940 - 1 460) 7 480
Geel Stores (–1 315 + 1 460) 145
GHT Distributors (–2 120 + 2 120) 0
Tasty Bakery (9 615 - 1 285 - 1 285) 7 045
57 065
OEFENING 9 DATUM:__________
9.1 Berekeninge van die regte joernaal totale: Dui (+) of (-) aan in
berekeninge.
BEREKENINGE TOTAAL
KJ: Krediet aankope R72 480 – 90 72 390
KAJ:
Terugsendings / R3 510 + 960 4 470
Afslag
KBJ: Betalings R62 060 – 2 120 59 940
KBJ: Korting
R850 850
ontvang
AJ : Joernaal
R2 250 2 250
debiete
AJ: Joernaal
R1 450 1 450
krediete

ALGEMENE GROOTBOEK VAN KARL TRADERS

141
 142

Dt KREDITEUREKONTROLE Kt
2020 2020 (48 735 + 2 000)
Apr
30 Bank 59 940 Apr
1
Saldo a/b 50 735
Totale/Diverse
Korting ontvang 850
30 aankope 72 390
Diverse
terugsendings
4 470 Joernaal krediete 1 450
Joernaal debiete 2 250
Saldo a/d 57 065
124 575 124 575
2020
Mei
1 Saldo a/b 57 065

9.2 KREDITEURE LYS OP 31 OKTOBER 2018

KREDITEUR KREDIET
Groen Winkels 14 255
Bender Bpk (13 505 + 10 000) 23 505
Sunday Stoor (5 685 - 90 - 960) 4 635
Lambie Verspreiders (8 940 - 1 460) 7 480
Geel Winkels (–1 315 + 1 460) 145
GHT Verspreiders (–2 120 + 2 120) 0
Tasty Bakkery (9 615 - 1 285 - 1 285) 7 045
57 065

142
 143

F.
March exam papers
GRADE 10

ACCOUNTING

MARCH 2017

ANSWER BOOK

QUESTION 1

1.1.1 Fixed deposit

1.1.2 Bank charges 

1.1.3 Bad debts 

1.1.4 Long term liability 

1.2 Analysis of transactions

No Account Account Amount Assets Owner’s Liabilities
 144
debited credited equity
e.g. Repairs Bank R1 500 – – 0

1.2.1 Equipment Bank 3 500 ± 0 0

1.2.2 Bank Debtors control 950 ± 0 0

 
1.2.3 Bank Sales 5 000 + + 0
 
Cost of sales Trading stock 4 000 – – 0
 
1.2.4 Bank charges Bank  240 – –- 0


25

QUESTION 2

2.1.1 Formal 

2.1.2 Informal 

2.1.3 Informal 

2.1.4 Formal 

2.1.5 Formal 

144
 145
2.2.1 CREDITORS JOURNAL OF TIPTOP TRADERS FOR NOVEMBER 2016
Doc Day Creditors Creditors Trading stock Stationery Sundry account
no control Amount Details
231 10 Anzani Traders 4 590 4 310 280
232 15 BJ Suppliers 4 320 4 320
233 17 Allsorts Traders 2 390 2 150 60 180 Equipment
234 21 Warwick Ltd 374 211 163 Packaging material
235 26 Kirachi Garage 155 800 155 800 Vehicle 
167 474 10 780 551 156 143

17
2.2.2 CREDITORS ALLOWANCES JOURNAL OF TIPTOP TRADERS FOR NOVEMBER 2016
Doc Day Creditors Creditors Trading stock Stationery Sundry account
no control Amount Details
75 13 Anzani Traders 141 125 16
76 19 Allsorts Traders 215 215
77 25 Warwick Ltd 11 11
367 340 27

8
TOTAL MARKS

30

145
 146
QUESTION 3

3.1.1 C - Business entity 

3.1.2 E - Historical cost

3.1.3 A - Matching 

3.1.4 B - Going concern

3.1.5 D - Materiality 
5

3.2.1 GENERAL LEDGER OF ZIMBA TRADERS

BANK
2017 2017 28 Total payments  CPJ 114 557
1 Balance b/d 35 000 Feb 
Feb Sundry Acc
28 Total receipt  CRJ 92 450
Sundry Acc 
Balance c/d 12 893


127 450 127 450

2017 1 Balance b/d 12 893
Mar

5
DEBTORS’ CONTROL ACCOUNT
2017 61 982 2017 28 Bank CRJ 42 386
Feb 1 Balance b/d  Feb Discount received
28 Sales  DJ 40 320 Debtors DAJ 3 135
 allowances 
Journal/ sundry GJ 3 400 Journal/sundry GJ 2 800
debits  credits  
Balance c/d 59 901


105 702 105 702
2017 1 Balance b/d 59 901
Mar

12

OR
 147

JACK & JILL TRADERS

Date Details Fol. Debit Credit Balance
2016 1 Account rendered 14 560
Aug
5 Invoice no 341 DJ 19 700 34 260

9 Credit note no 402 DAJ 1 200 33 060

14 Receipt no G07 CRJ 13 104 19 956

Discount allowed CRJ 1 456 18 500

17 Invoice no 988 DJ 24 900 43 400

20 Receipt no G23 CRJ 13 400

30 000

12

The debit side of the Debtors column in the General Journal includes debtors who
3.4 are written off as irrecoverable (bad debts). Mention 3 control measures which can
be implemented to avoid/reduce bad debts
3.4.1 Offer discount for prompt payment 

3.4.2 Send regular reminders 

3.4.3 Charge interest on overdue accounts

Any acceptable answer

OR

147
 148

3.3 DEBTORS LEDGER OF SHOES SUPPLIERS

JACK & JILL TRADERS

Date Details Fol. Debit Credit Balance
2016 1 Account rendered 14 560
Aug
5 Invoice no 341 DJ 19 700 34 260

9 Credit note no 402 DAJ 1 200 33 060

14 Receipt no G07 CRJ 13 104 19 956

Discount allowed CRJ 1 456 18 500

17 Invoice no 988 DJ 24 900 43 400

20 Receipt no G23 CRJ 13 400

30 000

18

DO NOT MARK 3.4

TOTAL MARKS

40

TOTAL MARKS: 100

REKENINGKUNDE
148

MAART 2017
 149

VRAAG 1

1.1.1 Vaste deposito

1.1.2 Bankkostes

1.1.3 Oninbare skulde

1.1.4 Langtermyn lening

1.2 Ontleding van transaksies

Nr Rekening Rekening Bedrag Bates Eienaars- Laste

Debiteer Krediteer belang
Vb Herstelwerk Bank R1 500 – – 0

1.2.1 Toerusting Bank 3 500 ± 0 0

1.2.2 Bank Debiteure- 950 ± 0 0

 kontrole

1.2.3 Bank Verkope 5 000 + + 0
 
Koste van Handels- 4 000 – – 0
verkope voorraad
 
1.2.4 Bankkostes Bank 240 – –- 0

25
TOTALE PUNTE

30

VRAAG 2
149
 150

2.1.1 Formeel

2.1.2 Informeel

2.1.3 Informeel

2.1.4 Formeel

2.1.5 Formeel

150
 151

2.2.1KREDITEUREJOERNAAL VAN TIPTOP HANDELAARS VIR NOVEMBER 2016

Dok Dag Krediteure Krediteure- Handels- Skryf- Diverse rekeninge
nr kontrole voorraad behoeftes Bedrag Besonderhede
231 10 Anzani Handelaars 4 590 4 310 280
232 15 BJ Verskaffers 4 320 4 320
233 17 Allsorts Handelaars 2 390 2 150 60 180 Toerusting
234 21 Warwick Bpk 374 211 163 Verpakkingsmateriaal
235 26 Kirachi Handelaars 155 800 155 800 Voertuie
167 474 10 780 551 156 143

17
2.2.2 KREDITEUREAFSLAGJOERNAAL VAN TIPTOP HANDELAARS VIR NOVEMBER 2016
Dok Dag Krediteure Krediteure- Handels- Skryf- Diverse rekeninge
nr kontrole voorraad behoeftes Bedrag Besonderhede
75 13 Anzani Handelaars 141 125 16
76 19 Allsorts Handelaars 215 215
77 25 Warwick Bpk 11 11
367 340 27

8
TOTALE PUNTE

30

151
 VRAAG 3

3.1.1 C - Entiteitsbeginsel

3.1.2 E - Historiese kosprysbeginsel

3.1.3 A - Paringsbeginsel

3.1.4 B - Lopende-saak-beginsel

3.1.5 D - Wesenlikheidsbeginsel
5

3.2.1 ALGEMENE GROOTBOEK VAN ZIMBA HANDELAARS

BANK
2017 2017 28 Diverse rek. KBJ 114 557
1 Saldo a/b 35 000 Feb 
Feb Totale betalings
28 Diverse rek KOJ 92 450 Saldo o/d 12 893
Totale  
ontvangstes

127 450 127 450

2017 1 Saldo a/b 12 893
Mar

DEBITEUREKONTROLE
2017 Saldo 61 982 2017 28 Bank KOJ 42 386
Feb 1 a/b  Feb Korting toegestaan
28 Verkope DJ 40 320 Debiteureafslag DAJ 3 135
 
Diverse rek AJ 3 400 Diverse rek AJ 2 800
Joernaal deb.  Joernaal krediete 
Saldo o/d 59 901


105 702 105 702

2017 1 Saldo a/b 59 901
Mar

12
 153

3.3 DEBITEURE GROOTBOEK VAN SKOEN GROOTHANDELAARS

JACK & JILL HANDELAARS

Datum Besonderhede Fol. Debiet Krediet Saldo
2016 1 Saldo 14 560
Aug
5 Faktuur 341 DJ 19 700 34 260

9 Krediet nota nr 402 DAJ 1 200 33 060

14 Kwitansie nr G07 KOJ 13 104 19 956

Korting toegestaan KOJ 1 456 18 500

17 Faktuur nr 988 DJ 24 900 43 400

20 Kwitansie nr G23 KOJ 13 400

30 000

12

3.4 Die debiet kant van die Debiteure kolom in die Algemene Joernaal sluit die
Debiteure in wat as oninbaar afgeskryf is. Noem drie kontrole matreëls wat
geimplementeer kan word om oninbare skulde te probeer voorkom
3.4.1 Gee afslag vir betalings wat betyds gemaak word.

3.4.2 Stuur aanmanings aan die debiteure

3.4.3 Hef rente op agterstallige rekeninge

Enige aanvaarbare antwoord

TOTALE PUNTE

40

153
 154

ACCOUNTING

MARCH 2018

QUESTION 1

1.1 1.1.1 E 
1.1.2 A 
1.1.3 D 
1.1.4 C 

1.2.1 DEBTORS JOURNAL OF THIPANYANE TRADERS – JANUARY 2018 DJ-4

Doc Day Debtor Fol Sales Cost
No of sales
212 5 G. Ntusimi 4 500 3 000
213 16 N. Sicwetsha 1 200 800
214 28 B. Ben 960 640

154
1.2.2 CASH RECEIPTS JOURNAL OF THIPANYANE TRADERS – JANUARY 2018
Doc Day Details Fol Analysis Bank Sales Cost Debtors control Sundry accounts
No of of sales Receipts Discount Amount Fol Details
receipts allowed
B/S 3 POP Bank 60 000  60 000 Loan: POP
Bank
CRR 12 Sales 15 000 15 000 15 000 10 000
11
03 18 B Mashiane 970  970  970 50 

B/S 29 TT Bank 120  120 Interest

income

14

155
1.2.3 CASH PAYMENTS JOURNAL OF THIPANYANE TRADERS – JANUARY 2018
Doc Day Details Fol Bank Creditors control Equip- Trading Sundry accounts
No Payments Discount ment stock Amount Fol Details
received
B/S 4 SLY Bank 15 000 15 000 Fixed Deposit 
334 9 Ncakane Stores 6 480 6 480
335 14 S Tshehla 320 320
B/S 15 Rakotsoana Store 15 730 8 400 7 330

337 25 Thateng Traders 7 600 7 600 400

B/S 29 T T Bank 400 400 Bank Charges
BT Insurers 365 365 Drawings

16

TOTAL MARKS

40

156
QUESTION 2

2.1 2.1.1 Business entity 

2.1.2 Historic cost 
2.1.3 Matching 
2.1.4 Going concern 
2.1.5 Materiality  5

2.2.1 GENERAL LEDGER OF NOSI TRADERS

BALANCESHEET ACCOUNT SECTION
BANK
2018 1 Balance 13 555 2018 28 Sundry account CPJ 111 700
Feb Feb Total payments 5
28 Sundry account CRJ 106 500
Total receipts 5 Balance 8 355

120 055 120 055

Mrc 1 Balance 8 355 6

157
2.2.2 TRADING STOCK
2018 1 2018 28 CRJ 44 200
Feb Balance 75 456 Feb Cost of sales 5
28 CPJ DJ 36 000
Bank 5 56 910 Cost of sales 5
CJ
Creditors Control 5 64 400 Balance 116 566

196 766 196 766

9
Mrc 1 Balance 116 566

2.2.3 DEBTORS CONTROL

2018 1 2018 28 Bank CRJ 13 620
Feb Balance 43 210 Feb 5
28 DJ
Sales 5 54 000 Balance 83 590

97 210 97 210

Mrc 1 Balance 83 590

6

158
2.2.4 SALES
2018 1 Total
Feb 88 600
2018 28 Bank CRJ
Feb 5 66 300

Debtors control 54 000

208 900

TOTAL MARKS

30

159
QUESTION 3

3.1 ACCOUNTING EQUATION

No. Account debited Account credited Assets Owner’s Liabilities

equity
3.1.1 Equipment  Creditors control  + 6 456  0 + 6 456 
3.1.2 Drawings  Petty Cash  – 350  – 350  0
3.1.3 Debtors control  Sales  + 9 000  + 9 000  0
Cost of sales  Trading stock  – 6 000  – 6 000  0
3.1.4 Bank  Debtors control  ± 950  0 0
20

3.2 INTERNAL CONTROL AND ETHICS

3.2.1 Provide a reason why the owner suspect that stock is being stolen.

 High stock deficit

 Staff behaving suspicious  
2

3.2.2 Suggest TWO internal control measures the owner can employ to resolve this problem

 Division of duties to ensure that no one is solely responsible for ordering goods.
 Providing employee lockers to their belongings while on duty.
 Security checks when they enter and leave the premises.
 Using uniforms during working hours.  
2

160
3.2.2 Provide THREE points that you would include in the business code of ethics which will make it clear to the
staff as to what is acceptable and unacceptable conduct.

 All gifts must be disclosed to management (transparency)

 Gifts and tokens of appreciations become the property of the business.
 Business must only be discussed in the work environment (through appointments).
 All meetings must be recorded (minutes) or special forms provided.
 Employees not abiding by business policy will face disciplinary action/dismissal.   
6

TOTAL MARKS

30

161
 REKENINGKUNDE

MAART 2018

VRAAG 1

1.1
1.1.1 E 
1.1.2 A 
1.1.3 D 
1.1.4 C 

1.2.1 DEBITEUREJOERNAAL VAN THIPANYANE HANDELAARS – JANUARIE 2018 DJ-4

Dok Dag Debiteur Fol Verkope Koste van
nr. verkope
212 5 G. Ntusimi 4 500 3 000

213 16 N. Sicwetsha 1 200 800

214 28 B. Ben 960 640

162
1.2.2 KONTANTONTVANGSTEJOERNAAL VAN THIPANYANE HANDELAARS – JANUARIE 2018
Dok. Dag Besonderhede Fol Ontleding Bank Verkope Koste Debiteurekontrole Diverse rekeninge
nr. van van Ontvang- Korting Bedrag Fol Besonderhede
ontvangste verkope ste toegestaan
B/S 3 POP Bank 60 000  60 000 Lening: POP Bank

KRR 12 Kontant 15 000 15 000 15 000 10 000

11
03 18 B Mashiane 970  970  970 50 

B/S 29 TT Bank 120  120 Rente inkomste

14

1.2.3 KONTANTBETALINGSJOERNAAL VAN THIPANYANE HANDELAARS – JANUARIE 2018

Dok Dag Besonderhede Fol Bank Krediteurekontrole Toerus- Handels Diverse rekeninge
163
. nr. Betaling Korting ting - Bedrag Fol Besonderhede
ontvang voorraa
d
B/S 4 SLY Bank 15 000 15 000 Vaste
 Deposito: SLY Bank

334 9 Ncakane 6 480 6 480
Winkels
335 14 Tshehla 320 320
Vervoerders
B/S 15 Rakotsoana 15 730 8 400 7 330
Winkels
337 25 Thateng 7 600 7 600 400
Handelaars
B/S 29 TT Bank 400 400 Bankkoste
BT Verseke- 365 365 Onttrekkings
raars

16
TOTALE PUNTE

40

164
VRAAG 2

2.1 Besigheidsentiteit
2.1.1 
2.1.2 Historiese koste 
2.1.3 Paringsbeginsel 
2.1.4 Lopende saak 
2.1.5 Wesenlikheidsbeginsel 
5

2.2.1 ALGEMENE GROOTBOEK VAN NOSI HANDELAARS

BALANSSTAATREKENINGE-AFDELING
BANK
2018 13 555 2018 Diverse rekening KBJ 111 700
Feb 1 Saldo Feb 28 Totale betalings 5
Diverse rekening KOJ 106 500
28 Totale ontvangstes 5 Saldo 8 355

120 055 120 055

Mrt 1 Saldo 8 355 6

165
2.2.2 HANDELSVOORRAAD
2018 2018 KOJ 44 200
Feb 1 Saldo 75 456 Feb 28 Koste van verkope 5
KBJ DJ 36 000
28 Bank 5 56 910 Koste van verkope 5
KJ
Krediteurekontrole 5 64 400 Saldo 116 566

196 766 196 766

Mrt. 1
9
Saldo 116 566

2.2.3 DEBITEUREKONTROLE
2018 2018 KOJ 13 620
Febr 1 Saldo 43 210 Febr 28 Bank 5
DJ
28 Verkope 5 54 000 Saldo 83 590

97 210 97 210

Mrt. 1 Saldo 83 590

6

166
2.2.4 VERKOPE
2018 Totaal
Febr 1 88 600
Bank KOJ
28 5 66 300
DJ
Debiteurekontrole 5 54 000

208 900
4

TOTALE PUNTE

30

167
VRAAG 3

3.1 REKENINGKUNDIGE VERGELYKING

Nr. Rekening gedebiteer Rekening gekrediteer Bates Eienaars- Laste

belang
3.1.1 Toerusting  Krediteurekontrole  + 6 456  0 + 6 456 
3.1.2 Onttrekkings  Kleinkas  – 350  – 350  0
3.1.3 Debiteurekontrole  Verkope  + 9 000  + 9 000  0
Koste van verkope  Handelsvoorraad  – 6 000  – 6 000  0
3.1.4 Bank  Debiteurekontrole  ± 950  0 0 20

3.2 INTERNE KONTROLE EN ETIEK

3.2.1
Gee ‘n rede waarom die eienaar vermoed dat voorraad gesteel word.
 Hoë voorraadtekort
 Personeel se gedrag is agterdogtig  
2

3.2.2 Stel TWEE interne kontrole maatreëls voor wat die eienaar kan instel om die probleem op te los.

 Verdeling van pligte.

 Voorsien vir die werkers sluitkaste on besittings toe te sluit terwyl hul aan diens is.
 Sekuriteitskontrole wanneer hulle perseel betree en verlaat.
 Gebruik uniforms gedurende werksure  
2

168
3.2.2 Gee DRIE punte wat jy in jou besigheid se gedragskode sal insluit om dit vir die werkers duidelik te maak wat
aanvaarbaar en onaanvaarbare gebruike is.

 Alle geskenke moet by bestuur verklaar word (deursigtigheid)

 Geskenke en tekens van waardering word die eiendom van die besigheid.
 Besighede moet slegs in werksomstandighede bespreek word (deur afsprake).
 Alle vergadering moet gerekordeer word (notules) of gebruik spesiale vorm verskaf.   
 Werkers wat nie die besigheid se beleid eerbiedig nie moet dissiplinêr gestraf word/ontslaan word.

TOTALE PUNTE

30

169
 GRAAD 10 - TOETS

REKENINGKUNDE - MAART 2022

PUNTE: 100

NASIENBEGINSELS:
Strafpunte vir vreemde items is slegs van toepassing indien ‘n kandidaat nie punte op ‘n ander plek in
die vraag vir daardie item verloor het nie (geen vreemde-item-strafpunte vir misplaaste items nie).
Geen dubbelpenalisering toegepas nie.
2. Strafpunte vir plasing of swak aanbieding (bv. Besonderhede) is slegs van toepassing indien die
kandidaat punte vir die bedrae vir daardie item verdien het.
3. Tensy ander vermeld ken volpunte toe vir korrekte antwoord. Indien die antwoord foutief is, merk die
bewerkings.
4. Indien ‘n vooraansuiweringsyfer as ‘n finale syfer getoon word, ken die bewerkingspunt toe vir daardie
syfer (nie die metodepunt vir die antwoord nie). Let wel: As syfers aangedui in memo vir komponente of
bewerkings, dra hierdie nie die metode punt van die finale antwoord ook nie.
5. Tensy anders getoon, moet die positiewe of negatiewe effek van enige syfer in ag geneem word om
die punt toe te ken. Indien geen + of – teken of hakie voorsien is nie, aanvaar dat die syfer positief is.
6. Waar aangedui word, ken deelpunte toe om die kwaliteit van antwoorde van kandidate te differensieer.
7. As die kandidaat meer as die verwagte aantal antwoorde gee, kontroleer all antwoorde en gee die
voordeel aan die leerder. Strawwe kan toegepas word vir vreemde inskrywings as kandidate volpunte
verdien vir die vraag (maks. -2 per vraag)
8. Hierdie memorandum is nie vir verspreiding in die publiek nie' omdat sekere items dalk verkeerd
gehanteer is. Aanpassings is gemaak a.g.v. sekere vrae
9. Waar strafpunte toegepas word, kan die punte vir daardie afdeling van die vraag nie as 'n negatiewe
syfer getoon word nie. Waar metodepunte toegeken word vir bewerking, moet die nasiener die
redelikheid van die bewerking ondersoek voor die punt toegeken word.
10. Waar metodepunte toegeken word vir bewerking, moet die nasiener die redelikheid van die bewerking
ondersoek voor die punt toegeken word.
11. 'Bewerking' beteken kontroleer bewerking. 'Een deel korrek' beteken bewerking en een deel korrek. Let
wel: kontroleer bewerking moet +, -, x, ÷, wees of per memo.
12. In bewerkings, moet nie punte toeken nie vir bewerking as teller en noemer omgeruil is – hierdie is ook
van toepassing op verhoudings.
13. Met die toekenning van metodepunte, maak seker dat kandidate nie volpunte kry vir enige vir enige
item wat foutief is nie, ten minste gedeeltelik. Dui aan met 'n .
14. Wees bedag daarop dat party kandidate geldige alternatiewe buite die memorandum verskaf. Neem
kennis dat een kommentaar meer as een aspek kan aanspreek
15. Kodes: f = vreemde item; p = plasing/aanbieding.

Hierdie nasienriglyne bestaan uit 5 bladsye.

Kopiereg voorbehou Blaai om asseblief

 VRAAG 1

1.1.1 KONTANTONTVANGSTEJOERNAAL VAN SKILLIE HANDELAARS – FEBRUARIE 2022 KOJ2

Dok Dag Besonder- Fol Ontleding Bank Verkope Koste Debiteurekontrole Diverse rekening
Nr. hede van van Ontvang- Korting Bedrag Fol Besonderhede
ontvang- verkope ste Toege-
ste staan
1 3 Eybers Bank 320 000 320 000 Lening
KRR 5 Verkope 43 200 43 200 43 200 24 000
#12
2 7 I. Ingemar 12 825  675 
825
3 23 M. Nel 24 600 24 600

4 26 VX Agentskap 16 600 16 600 Huurinkomste

# 13 500
alternatief

16

Kopiereg voorbehou Blaai om asseblief

 1.1.2 KONTANTBETALINGSJOERNAAL VAN SKILLIE HANDELAARS – FEBRUARIE 2022 KBJ2
Dok Dag Besonderhede Fol Bank Handels- Verbrui Krediteurekontrole Diverse rekening
nr. voorraad ksgoed Betaling Korting Bedrag Fol Besonderhede
ere
ontvang
1 1 Postnet 2 980 2 980 Telefoon
2 9 Bell Winkels 22 600 22 600 1 400
3 12 Mduma Verskaffers 44 900 36 500 8 400
4 13 Fast Carriers 3 500 3 500
5 14 Paper and Co 2 690 2 690 Skryfbehoeftes
6 16 Jonas Winkels 48 650 14 450 34 200 Toerusting
B/S 28 Eybers Bank 2 250 1 020 Bankkostes
Rente op
1 230
oortrekking
B/S BB Versekeraars 8 500 2 000 Onttrekkings
6 500 Versekering
#1 375
alternatief

29
TOTALE PUNTE

45

Kopiereg voorbehou Blaai om asseblief

 173

VRAAG 2

ALGEMENE GROOTBOEK VAN LITCHFIELD WINKELS

BANK
2022 2022 Diverse rekening KOJ
Feb 1 Saldo 45 900 Feb 28 Totale betaling 1 165 300
2022 Diverse rekening KOJ
Feb 28 Totale ontvangste 1 Saldo 67 100
186 500

232 400 232 400

6
Mar 1 Saldo 67 100

HANDELSVOORRAAD
2022 2022 Koste van DJ
Saldo
Feb 1 88 400 Feb 28 verkope 1 66 900
Koste van DAJ Koste van KOJ
28 verkope 1 15 000 verkope 1 75 000
KBJ Krediteure- KAJ
Bank 1 96 500 kontrole 1 5 200
Krediteure- KJ

kontrole 1 91 000 Saldo 143 800

290 900 290 900

10
Mrt 1 Saldo 143 800

KREDITEUREKONTROLE
2022 KBJ 2022
Feb 28 #Bank 1 #29 700 Feb 1 Saldo 94 200
#Korting KBJ KJ
ontvang #2 900 28 Diverse rekening 179 000
1 1
Totale aankope
Diverse rekening
KAJ
28 Totale terug- 1 13 780
sendings

Saldo 226 820

273 200 273 200

#bank en korting 32 600 8
2 punte Mrt 1 Saldo 13 300

173
 174

VERKOPE
2022
Feb 1 Totaal 155 800
Debiteure- DJ
28 kotrole 1 107 040
KOJ

Bank 1 120 000

4
382 840

2.2.1 Verskaf die besonderhede vir die inskrywing van R21 000 aan die
kredietkant.
Debiteure-afslag 

2.2.2 Verskaf die besonderhede vir die inskrywing van R17 000 aan die
kredietkant.
Bank 
2.2.3 Verskaf die joernaal folio vir die inskrywing van R42 000 aan die
debietkant.

DJ 
2.2.4 Watter brondokument sal die inskrywing van R21 000 aan die kredietkant
ondersteun?

Kredietnota 
2.2.5 Hoe kan die eienaar verifieer dat die eindsaldo korrek is?
Lys van debiteure 
7

TOTALE PUNTE

35

VRAAG 3

3.1 Pas die AARP beginsel in kolom A met die korrekte beskrywing in kolom B.
Skryf slegs die korrekte letter om die korrekte konsep in jou Antwoordboek
aan te dui.

174
 175

3.1.1 D 
3.1.2 C 
3.1.3 A 
3.1.4 B 
4

3.2
Nr. Rekening gedebiteer Rekening gekrediteer A O L
E.g. Handelsvoorraad Krediteurekontrole + 0 +

(a) Onttrekkings Bank - - 0

(b) Debiteurekontrole Verkope + + 0
Koste van verkope Handelsvoorraad - - 0
(c) Huuruitgawe Bank - - 0
(d) Krediteurekontrole Skryfbehoeftes 0 + -
(e) Bank Kapitaal + + 0
(f) Voertuie Bank ± 0 0 0
(g) Verbruiksgoedere Krediteurekontrole 0 - +
16

TOTALE PUNTE

20

175
 176

GRADE 10 - TEST

ACCOUNTING - MARCH 2022

MARKS: 100
MARKING PRINCIPLES:
1. Unless otherwise stated in the marking guidelines, penalties for foreign items are applied only if the
candidate is not losing marks elsewhere in the question for that item (no penalty for misplaced item).
No double penalty applied.
2. Penalties for placement or poor presentation (e.g. details) are applied only if the candidate is earning
marks on the figures for that item.
3. Unless otherwise stated, give full marks for correct answer. If answer is incorrect, mark workings.
4. If a pre-adjustment figure is shown as a final figure, allocate the part-mark for the working for that
figure (not the method mark for the answer). Note: if figures are stipulated in memo for components of
workings, these do not carry the method mark for final answer as well.
5. Unless otherwise indicated, the positive or negative effect of any figure must be considered to award
the mark. If no + or – sign or bracket is provided, assume that the figure is positive.
6. Where indicated, part-marks may be awarded to differentiate between differing qualities of answers
from candidates.
7. If candidates provide more that the required number of responses, inspect all responses to give
benefit to the candidate. Penalties may be applied for foreign entries if candidates earn full marks on
a question (max -2 per Q).
8. This memorandum is not for public distribution; as certain items might imply incorrect treatment. The
adjustments made are due to nuances in certain questions.
9. Where penalties are applied, the marks for that section of the question cannot be a final negative.
10. Where method marks are awarded for operation, marker must inspect reasonableness of answer.
11. Operation means 'check operation'. 'One part correct' means operation and one part correct. Note:
check operation must be +, -, x, ÷, or per memo.
12. In calculations, do not award marks for workings if numerator & denominator are swapped – this also
applies to ratios.
13. In awarding method marks, ensure that candidates do not get full marks for any item that is incorrect
at least in part. Indicate with a .
14. Be aware of candidates who provide valid alternatives beyond the marking guideline. Note that one
comment could contain different aspects.
15. Codes: f = foreign item; p = placement/presentation.

This marking guideline consists out of 5 pages.

176
 177

1.1.1 CASH RECEIPTS JOURNAL OF SKILLIE TRADERS – FEBRUARY 2022 CRJ2

Doc Day Details Fol Analysis Bank Sales Cost Debtor’s control Sundry accounts
No of of sales Receipts Discount Amount Fol Details
receipts allowed
1 3 Eybers Bank 320 000 320 000 Loan
CRR 5 Sales 43 200 43 200 43 200 24 000
2 7 I. Ingemar 12 825  #12 825 675 
3 23 M. Nel 24 600 24 600
Rent
4 26 VX Agency 16 600 16 600
income

# 13 500
alternative

177
178

16

178
 179

1.1.2 CASH PAYMENTS JOURNAL OF SKILLIE TRADERS – FEBRUARY 2022 CPJ2

Doc Day Details Fol Bank Trading Consu Creditor’s control Sundry accounts
No stock mable Payments Discount Amount Fol Details
stores received

1 1 Postnet 2 980 2 980 Telephone

2 9 Bell Stores 22 600 22 600 1 400
3 12 Mduma Suppliers 44 900 36 500 8 400
4 13 Fast Carriers 3 500 3 500
5 14 Paper and Co 2 690 2 690 Stationery
6 16 Jonas Stores 48 650 14 450 34 200 Equipment
B/S 28 Eybers Bank 2 250 1 020 Bank Charges
Interest on bank
1 230
overdraft
B/S BB Insurers 8 500 2 000 Drawings
6 500 Insurance
#1 375
alternative

29
TOTAL MARKS

45

179
 180

QUESTION 2

GENERAL LEDGER OF LITCHFIELD STORES

BANK
2022 2022 Sundry account CPJ
Feb 1 Balance 45 900 Feb 28 1
Total payments 165 300
2022 Sundry account CRJ
Feb 28 1 Balance 67 100
Total receipts 186 500

232 400 232 400

6
Mar 1 Balance 67 100

TRADING STOCK
2022 2022 DJ
Feb 1 Balance 88 400 Feb 28 Cost of sales 1 66 900
DAJ CRJ
28 Cost of sales 1 15 000 Cost of sales 1 75 000
CPJ Creditors CAJ
Bank 1 96 500 Control 1 5 200
Creditors CJ
Control 1 91 000 Balance 143 800

290 900 290 900

Mar 1 Balance 143 800 10

CREDITORS CONTROL
2022 CPJ 2022
Feb 28 #Bank 1 #29 700 Feb 1 Balance 94 200
#Discount CPJ Sundry account CJ
received 1 #2 900 28 1 179 000
Total purchases
Sundry account CAJ
28 1
Total returns 13 780

Balance 226 820

273 200 273 200

#bank and discount 32 600
2 marks Mar 1 Balance 226 820 8

180
 181

SALES
2022
Feb 1 Total 155 800
DJ
28 Debtors Control 1 107 040
CRJ

Bank 1 120 000

4
382 840

2.2.1 Provide the detail for the entry of R21 000 on the credit side.

Debtor’s allowances 

2.2.2 Provide the detail for the entry of R17 000 on the credit side.

Bank 

2.2.3 Provide the journal folio for the entry of R42 000 on the debit side.

DJ 

2.2.4 Which source document will support the entry of R21 000 on the credit side?

Credit note 

2.2.5 How can the owner verify or confirm that his/her closing balance is correct?

List of debtors 
7

TOTAL MARKS

35

Copyright reserved Please turn over

 182

QUESTION 3

3.1 Match the GAAP principle in column A with the correct concept in
column B. Record only the correct letter to indicate the concept in your
Answer book.

3.1.1 D 
3.1.2 C 
3.1.3 A 
3.1.4 B 
4

3.2
No. Account debited Account credited A O L
E.g. Trading stock Creditor’s control + 0 +
(a) Drawings Bank - - 0

(b) Debtor’s control Sales + + 0

Cost of sales Trading stock - - 0
(c) Rent expense Bank - - 0
(d) Creditor’s control Stationery 0 + -
(e) Bank Capital + + 0
(f) Vehicles Bank ± 0 0 0
(g) Consumable stores Creditor’s Control 0 - + 16

TOTAL MARKS

20

Copyright reserved Please turn over

 183

ACCOUNTING
GRADE 10
MARCH 2023
MARKS: 100
MARKING PRINCIPLES:
1. Unless otherwise stated in the marking guidelines, penalties for foreign items are applied only if the
candidate is not losing marks elsewhere in the question for that item (no penalty for misplaced item).
No double penalty applied.
2. Penalties for placement or poor presentation (e.g. details) are applied only if the candidate is earning
marks on the figures for that item.
3. Unless otherwise stated, give full marks for correct answer. If answer is incorrect, mark workings.
4. If a pre-adjustment figure is shown as a final figure, allocate the part-mark for the working for that
figure (not the method mark for the answer). Note: if figures are stipulated in memo for components of
workings, these do not carry the method mark for final answer as well.
5. Unless otherwise indicated, the positive or negative effect of any figure must be considered to award
the mark. If no + or – sign or bracket is provided, assume that the figure is positive.
6. Where indicated, part-marks may be awarded to differentiate between differing qualities of answers
from candidates.
7. If candidates provide more that the required number of responses, inspect all responses to give
benefit to the candidate. Penalties may be applied for foreign entries if candidates earn full marks on
a question (max -2 per Q).
8. This memorandum is not for public distribution; as certain items might imply incorrect treatment. The
adjustments made are due to nuances in certain questions.
9. Where penalties are applied, the marks for that section of the question cannot be a final negative.
10. Where method marks are awarded for operation, marker must inspect reasonableness of answer.
11. Operation means 'check operation'. 'One part correct' means operation and one part correct. Note:
check operation must be +, -, x, ÷, or per memo.
12. In calculations, do not award marks for workings if numerator & denominator are swapped – this also
applies to ratios.
13. In awarding method marks, ensure that candidates do not get full marks for any item that is incorrect
at least in part. Indicate with a .
14. Be aware of candidates who provide valid alternatives beyond the marking guideline. Note that one
comment could contain different aspects.
15. Codes: f = foreign item; p = placement/presentation.

This Marking Guidelines consists of 6 pages including this page.

Copyright reserved Please turn over

 184

QUESTION 1

1.1.1 Liability 
1.1.2 Asset 
1.1.3 Expense 
1.1.4 Capital 
1.1.5 Bank charges  5

CASH RECEIPTS JOURNAL OF KHABAZELA STORES – FEBRUARY 2023 CRJ7

Doc Day Details Analysis Bank Sales Cost of Debtors Control Sundry accounts
no. of sales Receipts Discount Amount Fol Details
receipts Allowed
B/S 1 ABBA Bank 60 000 60 000 Loan ABBA Bank

B/S 2 M. Khabazele 150 000 150 000 Capital 

CRR 1 2 Sales 22 100 22 100 22 100 13 000
B/S 16 S. Nkamane 750 #750 30
B/S 20 T. Saula 22 215 22 215 
CRR2 20 Sales 16 490 16 490* 16 490 9 700
B/S 28 Mali Bank 225 225 Interest 
* same as sales 271 780 Accept # 780

22

Copyright reserved Please turn over

 185

CASH PAYMENT JOURNAL OF KHABAZELA STORES – FEBRUARY 2023 CPJ 7

Doc Day Details Bank Trading Stationery Creditors control Sundry accounts
Stock Payments Discount Amount Fol Details
received
707 4 Khosi Wholesalers 35 000 34 700 300
708 5 Leqa Deliveries 1 600 1 600
709 6 JMV Bank 45 000 45 000 Fixed deposit: JMV Bank
710 11 Sthembile Traders 2 950 2 950
B/S 12 Telkom 450 450 Telephone 
B/S 26 T. Saula 90 90 Debtors Control
711 27 OT Suppliers 2 750 #2 750 450

B/S 28 Mali Bank 207 207 Bank charges

88 047 Accept # 3
200

23
TOTAL MARKS

50

Copyright reserved Please turn over

QUESTION 2

2.1.1 BANK
2023 1 Balance b/d 18 500 2023 28 Total payments/ CPJ 148 900
Feb Feb Sundry accounts
28 Total receipts/ CRJ 183 080 28 Balance c/d 52 680
Sundry accounts
201 580 201 580
Mar 1 Balance b/d 52 680 4

2.1.2 TRADING STOCK

2023 1 Balance b/d 60 500 2023 28 Cost of sales CRJ 100 000
Feb Feb 7
28 Bank CPJ 80 900 28 Creditors CAJ 13 200
7 7
control
28 Creditors CJ 45 800 28 Cost of sales DJ 33 000
7 7
control
28 Cost of DAJ
7
3 000 28 Balance c/d 44 000 
sales
190 200 190 200
Mar 1 Balance b/d 44 000
9

2.1.3 DEBTORS CONTROL

2023 2023 Bank CRJ # 30 000
Feb 1 Balance b/d 20 100 Feb 28 7

DJ Discount CRJ
28 Sales 7 46 200 Received 7 1 200
Debtors’ DAJ
28 allowances 7 4 200
28 Balance c/d 30 900 

66 300
66 300
2022 1 Balance b/d 30 900 OR # Bank & Discount rec 31 200
Mar
6
 187

2.2.1 The owner discovered that one of the employees includes extra items
that are not paid for when customers purchase goods and arranged for
them to be picked up after work. What would you say to/about this
employee?
Advice 

 It is unethical and illegal

 It is theft/fraud.
 The employee could face disciplinary hearing/charged/dismissed at
work(fired)
 Required to pay back the money.
2
 Could face criminal charges
2.2.2 What can the owner do to ensure that debtors pay their accounts on
time? Suggest any TWO internal control measures.

Two points  

 Send an SMS/emails/personal phone calls to remind them.

 Send monthly statements to all debtors.
 Give them a discount when paying on time and/or settle their account on
credit terms.
 Charge interest for late payment. action. 2
 Threaten them with legal

2.3.1 What is the purpose of preparing the creditors control account?

ONE point 

 A control account is a summary account in the general ledger. The details

that support the balance in the summary account are contained in a
subsidiary ledger.
 To keep correct records of all the creditors and to ensure creditors account
balance is the same as creditors list. 2

2.3.2 Study the given Creditors ledger account and answer the following
questions:
(A) Bank 
(B) CAJ  / GJ
(C) CJ  / GJ 3
How can the owner verify that the closing balance is correct?
ONE point 

 Comparing it to the creditors list.

 By closing off the creditor’s ledger account. 2

TOTAL MARKS

30
 188

QUESTION 3

Owner’s
No. Account debited Account credited Assets Liabilities
equity
3.1.1 Bank Loan +25 000 0 +25 000
± 450
3.1.2 Trading Stock Petty Cash 0 0
OR 0
3.1.3 Creditors Control Stationery 0 + 720 -720
± 1 520
3.1.4 Bank Debtors Control 0 0
OR 0
Discount Allowed Debtors Control - 80 - 80 0
3.1 ACCOUNING EQUATION

TOTAL MARKS

20
 189

REKENINGKUNDE
GRAAD 10
MAART 2023

PUNTE: 100
NASIENBEGINSELS:
1. Strafpunte vir vreemde items is slegs van toepassing indien ‘n kandidaat nie punte op ‘n ander plek in die vraag
vir daardie item verloor het nie (geen vreemde-item-strafpunte vir misplaaste items nie). Geen dubbele
penalisasie toegepas nie.
2. Strafpunte vir plasing of swak aanbieding (bv. Besonderhede) is slegs van toepassing indien die kandidaat punte
vir die bedrae vir daardie item verdien het.
3. Tensy ander vermeld ken volpunte toe vir korrekte antwoord. Indien die antwoord foutief is, merk die bewerkings.
4. Indien ‘n vooraansuiweringsyfer as ‘n finale syfer getoon word, ken die bewerkingspunt toe vir daardie syfer (nie
die metodepunt vir die antwoord nie). Let wel: As syfers aangedui in memo vir komponente of bewerkings, dra
hierdie nie die metode punt van die finale antwoord ook nie.
5. Tensy anders getoon, moet die positiewe of negatiewe effek van enige syfer in ag geneem word om die punt toe
te ken. Indien geen + of – teken of hakie voorsien is nie, aanvaar dat die syfer positief is.
6. Waar aangedui word, ken deelpunte toe om die kwaliteit van antwoorde van kandidate te differensieer.
7. As die kandidaat meer as die verwagte aantal antwoorde gee, kontroleer alle antwoorde en gee die voordeel aan
die leerder. Strawwe kan toegepas word vir vreemde inskrywings as kandidate volpunte verdien vir die vraag
(maks. -2 per vraag)
8. Hierdie memorandum is nie vir verspreiding in die publiek nie' omdat sekere items dalk verkeerd gehanteer is.
Aanpassings is gemaak a.g.v. sekere vrae
9. Waar strafpunte toegepas word, kan die punte vir daardie afdeling van die vraag nie as 'n negatiewe syfer getoon
word nie. Waar metodepunte toegeken word vir bewerking, moet die nasiener die redelikheid van die bewerking
ondersoek voor die punt toegeken word.
10. Waar metodepunte toegeken word vir bewerking, moet die nasiener die redelikheid van die bewerking ondersoek
voor die punt toegeken word.
11. 'Bewerking' beteken kontroleer bewerking. 'Een deel korrek' beteken bewerking en een deel korrek. Let wel:
kontroleer bewerking moet +, -, x, ÷, wees of per memo.
12. In bewerkings, moet nie punte toeken nie vir bewerking as teller en noemer omgeruil is – hierdie is ook van
toepassing op verhoudings.
13. Met die toekenning van metodepunte, maak seker dat kandidate nie volpunte kry vir enige vir enige item wat
foutief is nie, ten minste gedeeltelik. Dui aan met 'n .
14. Wees bedag daarop dat party kandidate geldige alternatiewe buite die memorandum verskaf. Neem kennis dat
een kommentaar meer as een aspek kan aanspreek
15. Kodes: f = vreemde item; p = plasing/aanbieding.

Hierdie nasienriglyn bestaan uit 6 bladsye hierdie bladsy ingesluit.

189
 190

VRAAG 1

1.1.1 Las 
1.1.2 Bate 
1.1.3 Uitgawe 
1.1.4 Kapitaal 
1.1.5 Bankkoste  5

KONTANTONTVANGSTE JOERNAAL VAN KHABAZELA WINKELS – FEBRUARIE 2023 KOJ7

Dok Dag Besonder- Ontleding Bank Verkope Koste Debiteurekontrole Diverse rekeninge
Nr hede van ont- van
Ontvang- Korting Bedrag Fo Besonderhede
vangste verkope
ste toegestaan l
B/S 1 ABBA Bank 60 000 60 000 Lening ABBA Bank 
B/S 2 M. Kabasele 150 000 150 000 Kapitaal
KRR 1 Verkope 22 100 22 100 22 100 13 000
B/S 16 S. Nkamane 750 #750 30
B/S 20 T. Saula 22 215 22 215
KRR2 Verkope 16 490 16 490 16 490 9 700

B/S 28 Mali Bank 225 225 Rente op L/R 
* dieselfde as verkope 271 780 Aanvar # 780

22

190
 191

KONTANTBETALINGSJOERNAAL VAN KHABAZELA WINKELS – FEBRUARIE 2023 KBJ 7

Dok Dag Besonderhede Bank Handels- Skryf- Krediteurekontrole Diverse rekeninge
voorraad behoeftes Betalings Korting Bedrag Fol Besonderhede
ontvang
707 4 Khosi 35 000 34 700 300
Groothandelaars
708 5 Leqa aflewerings 1 600 1 600
709 6 JMV Bank 45 000 45 000 Vaste deposito:
JMV Bank 
710 11 Sthembile 2 950 2 950
Handelaars
B/S Telkom 450 450 Telefoon
B/S 26 T. Saula 90 90 Debiteurekontrole
711 27 OT Verskaffers 2 750 2 750 450

B/S Mali Bank 207 207 Bankkoste

88 047 Aanvaar # 3 200

23
TOTALE PUNTE

50

191
 192

VRAAG 2

2.1.1 BANK
2023 1 Saldo a/b 18 500 2023 2 Totale betalings/ KBJ 148 900
Feb Feb 8 Diverse
rekeninge
28 Totale ontvangste/ KOJ 183 080 Saldo a/d 52 680
Diverse rekeninge
201 580 201 580
4
Mrt 1 Saldo a/b 52 680

2.1.2 HANDELSVOORRAAD
2023 1 Saldo a/b 60 500 2023 28 Koste van KOJ 100 000
Feb Feb 7
verkope
28 Bank KBJ 80 900 Krediteure- KAJ 13 200
7 7
kontrole
Krediteure- KJ 45 800 Koste van DJ 33 000
7 7
kontrole verkope
Koste van DJ 3 000 Saldo a/d 44 000
7
verkope
190 200 190 200
9
Mrt 1 Saldo a/b 44 000

2.1.3 DEBITEUREKONTROLE
2023 28 Saldo a/b 20 100 2023 28 Bank KOJ #30 000
Feb Feb 7

Verkope DJ7 46 200 Korting KOJ 1 200

ontvang 7

Debiteure- DAJ 4 200

afslag 7

Saldo a/d 30 900

66 300 66 300

2022 1 Saldo a/b 30 900 OF # Bank & Korting toe 31 200 6

Mrt

2.2.1 Die eienaar het ontdek dat een van die werknemers ekstra items insluit
waarvoor nie betaal word wanneer klante goedere koop nie en gereël dat
dit ná werk afgehaal word. Wat het jy te sê vir/oor hierdie werknemer?

192
 193

Advies 

 Dit is oneties en onwettig, want dis so goed soos diefstal/bedrog.

 Die werknemer kan dissiplinêr verhoor word/aangekla/afdanking by die
werk in die gesig staar
 Vereis om die geld terug te betaal. 2
 Kan kriminele aanklagte in die gesig staar
Wat kan die eienaar doen om te verseker dat debiteure hul rekeninge
2.2.2 betyds betaal? Stel enige TWEE interne beheermaatreëls aan.

Twee punte  
 Stuur ’n SMS/epos/persoonlike oproep om hulle te herinner.
 Stuur maandelikse state aan alle debiteure.
 Gee hulle afslag wanneer hulle betyds betaal en/of hulle rekeninge vereffen
volgens kredietterme.
 Hef rente vir laat betaling.
 Dreig hul met regstappe. 2

2.3.1 Wat is die doel van die opstel van die krediteurekontrolerekening?
EEN punt 

 'n Kontrolerekening is 'n opsommende rekening in die algemene grootboek.

Die besonderhede wat die saldo in die opsommingsrekening ondersteun,
word in 'n hulpgrootboek vervat.
 Om korrekte rekords van al die krediteure te hou en om te verseker dat 2
krediteurerekeningsaldo dieselfde is as krediteurelys.

2.3.2 Bestudeer die gegewe Krediteuregrootboekrekening en beantwoord die

volgende vrae:
(A) Bank
(B) KAJ / AJ
(C) KJ / AJ 3
Hoe kan die eienaar verifieer dat die eindsaldo korrek is?
EEN punt 

 Vergelyking met die totaal van krediteurelys in die KG.

 Deur die krediteuregrootboekrekening af te sluit. 2

TOTALE PUNTE

30

193
 194

VRAAG 3

Eienaars-
Nr. Rekening gedebiteer Rekening gekrediteer Bates Laste
belang
3.1.1 Bank Lening:  +25 000 0 +25000
± 450 0
3.1.2 Handelsvoorraad Kleinkas 0
OF 0
3.1.3 Krediteurekontrole Skryfbehoeftes 0 + 720 -720
± 1 520
3.1.4 Bank Debiteurekontrole 0 0
OF 0
Korting toegestaan Debiteurekontrole - 80 - 80 0
3.1 REKENINGKUNDIGE VERGELYKING

TOTALE PUNTE

20

G.
194
 195

SALARIES AND
WAGES

195
 196

EXERCISE 1 DATE:_______
R96 000 x R9 000 – R123 000 x R13 500 – R150 000
YEAR INCREMENT ANNUAL SALARY MONTHLY BASIC
SALARY
1 96 000 8 000
2 9 000 105 000 8 750
3 9 000 114 000 9 500
4 9 000 123 000 10 250
5 13 500 136 500 11 375
6 13 500 150 000 12 500

EXERCISE 2
R78 000 x 9360 – 96 720 x 16 926 – 130 572 x 19 428 –
150 000

YEARAA
INCREMENT ANNUAL SALARY MONTHLY BASIC
R SALARY
1 78 000 R 6 500
2 9 360 87 360 7 280
3 9 360 96 720 8 060
4 16 926 113 646 9 470.50
5 16 926 130 572 10 881
6 19 428 150 000 12 500

a) R6 500
b) 2 years
c) 87 360−78 000
x
100
= 12 % or
9 360 100
x 1 = 12 %
78 000 1 78 000
d) 96 720−87 360 100
x 1 = 10,71%
87 360
e) 113 646−96 720 100
x 1 = 17,5%
96 720
f) 150 000−130 572 100
x 1 = 14,88%
130 572
g) R150 000
h) Academic qualifications
Experience
Different job description etc.

196
 197

EXERCISE 3

120 000 x 8 000 – R128 000 x10 000 -R148 000 x 12 000-
R160 000

EXERCISE 4

4.1

4.1 Name TWO methods that the employer can use to improve the productivity
of employees.

Pay production bonuses

Training

4.2 Calculate the PAYE for each of the following

employees.

G Zikwe
164 400x 18% =29 592 ÷12 = R2 466
T Titus
214 800 – 189 880 = 24 920 x 26% = 6479,20 + 34178 = 40657,2 ÷12= 3388,10

C Cartoon
1 500 000 – 708 310 = 791690 x 41% = 324592,90 + 209032 = 533624,90 ÷12=
=44468,74

197
198

198
 199

EXERCISE 5
SALARIES JOURNAL OF_Bicycles R Us –March 2017 SJ
Employee Deductions Employers contribution

Pension

Pension
Medical

Medical
Bonus
salary

Gross
salary

salary
PAYE
Basic

Fund

Total

Total
fund

SDL
Net
UIF

Aid

UIF

aid
B Bicycles 5 230,0 5 230,0 462,6 392,2 52,30 363 1 270.2 3 549,15 52,30 544.5 52,30 1 198,
0 0 6 5 1 959.79 0 25
P Pedals 2 2 10,47 191,8 25.59 145 372,95 2 268,64 25.59 217,5 25.59 537.32
558,50 558,50 9 185.55 0
S Seat 4 994,5 4 994,5 447,9 374,5 49.95 97 969,45 4 025.0 524,42 49.95 145,5 49.95 769,82
0 0 1 9 5 0
12 783 12 783, 921.0 958,7 127,8 605 2 612.6 10 170. 1 127,8 907.5 127,8 2 505.
00 4 3 4 1 39 342.21 4 4 39

Cash Payments Journal Bicycles R Us –March 2017

CPJ
Sundry accounts
Doc. Day Details Bank
Amount Details
EFT1 31 Sundry employees 10 170.39 10 170.39 Creditors for salaries
EFT2 SARS 1 304,56 921.04 SARS – PAYE

255.68 UIF

127,84 SDL

EFT3 Metro Insurance 2 300.94 2 300.94 Pension fund

EFT4 Kick Health 1 512.50 1 512,50 Medical Aid Fund

15 288,39 15 288,39

199
 200

GENERAL LEDGER OF Bicycles R Us

Balance Sheet Section
Creditors for salaries

Mrch 31 Bank CPJ 10 170.39 Mrch 31 Salaries SJ 10 170.39

SARS: PAYE

Mrch 31 Bank CPJ 921,10 Mrch 31 Salaries SJ 921,04

Medical aid fund

Mrch 31 Bank CPJ 1 512,50 Mrch 31 Salaries SJ 605

Medical contribution SJ 907.50

1 512,50 1 512,50

Pension fund

Mrch 31 Bank CPJ 2 300.94 Mrch 31 Salaries SJ 958,73

Pension contribution SJ 1 342.21

2 300.94 2 300.94
UIF

Mrch 31 Bank CPJ 255.68 Mrch 31 Salaries SJ 127,84

UIF contribution SJ 127,84

255.68 255.68

Skills Development Fund

127,84 127,84
Mrch 31 Bank CPJ Mrch 31 Skills levy contrib SJ
127,84 127,84

Nominal Sheet section

Salaries

Mrch 31 Sundry Accounts SJ 12 783

Pension contribution

Mrch 31 Pension Fund SJ 1 342.21

Medical aid contribution

Mrch 31 Medical Aid Fund SJ 907.50

UIF contribution
127,84
Mrch 31 UIF SJ
Skills levy
Skills development 127,84
Mrch 31 fund SJ

200
 201

EXERCISE 6
SALARIESJOURNAL OF Cupcake Bakery – June 2017 SJ
Employee Deductions Employers contribution

Pension

Pension
Medical

Medical
Bonus
salary

Gross
salary

salary
PAYE
Basic

Fund

Total

Total
fund

SDL
Net
UIF

Aid

UIF

aid
V Vanilla 5 000 5 000 450 500 50 224 1 224 3 776 400 50 448 50 948
C Choc 5 500 5 500 512 550 55 272 1 389 4 111 440 55 544 55 1 094
C Caramel 4 200 4 200 416 420 42 389 1 267 2 933 336 42 778 42 1 198
14 14 700 1 378 1 470 147 885 3 880 10 820 1 176 147 1 770 147 3 240
700

Cash Payments Journal Cupcake Bakery – June CPJ

D Sundry accounts
Doc. a Details Bank
y Amount Details
3 Sundry
EFT1 10 820 10 820 Creditors for salaries
1 employees
EFT2 SARS 1 819 1 378 SARS – PAYE

294 UIF

147 SDL

EFT3 Save Insurance 2 646 2 646 Pension fund

Healthy Medical
EFT3 2 655 2 655 Medical Aid Fund
Aid
17 940 17 940

201
 202

GENERAL LEDGER OF CUPCAKE BAKERY

BALANCE SHEET SECTION
Creditors for salaries

Jun 31 Bank CPJ 10 820 Jun 31 Salaries SJ 10 820

SARS: PAYE

Jun 31 Bank CPJ 1 378 Jun 31 Salaries SJ 1 378

Medical aid fund

Jun 31 Bank CPJ 2 655 Jun 31 Salaries SJ 885

Medical 1 770
contribution SJ

2 655 2 655

Pension fund

Jun 31 Bank CPJ 2 646 Jun 31 Salaries SJ 1 470

Pension
contribution SJ 1 176

2 646
UIF

Jun 31 Bank CPJ 294 Jun 31 Salaries SJ 147

UIF contribution SJ 147

294 294

Skills Development Fund

147 147
Jun 31 Bank CPJ Jun 31 Skills levy contrib SJ
147 147

Nominal Sheet section

Salaries

Jun 31 Sundry Accounts SJ 14 700

Pension contribution

Jun 31 Pension Fund SJ 1 176

Medical aid contribution

Jun 31 Medical Aid Fund SJ 1 770

UIF contribution
147
Jun 31 UIF SJ
Skills Levy
Skills development 147
Jun 31 fund SJ

202
 203

EXERCISE 7
SALARISJOERNAAL VAN STEVENS MANUFACTURES – JUNE 2013
SJ
WERKGEWERS
AFTREKKINGS

Totale aftrekkings
BYDRAE

total deductions

contributions
bydraes/total
Basiese Bruto
Netto salaris
Naam salaris Bonus salaris

LBS/PAYE
Net salary

VOH/SDL
WVF/UIF

WVF/UIF
Basic Gross

Pension

Pension
medical
Medies/

Totale
29
Dlamini M 2 900 2 900 408.90 300 174 882.90 2 017.10 261 290
Van Loon K 6 000 2 000 8 000 1 128 400 480 80 2 088 5912 80 80 720 880
Fenscham L 5 900 5 900 831.90 450 354 59 1694.9 4 205.10 59 59 531 649

TOTAL 14 800 2 000 16 800 2 368,80 1 150 1 008 139 4665.80 12 134,20 139 168 1 512 1819

203
 204

EXERCISE 8
Wages Journal of Arm Traders for the week ended – 7 May 2017 WJ
NORMAL TIME Over time Deductions Contributions

contributions
deductions
AID FUND

AID FUND
MEDICAL

MEDICAL
GROSS Nett

PENSION

PENSION
AMOUNT

Overtime

Overtime
Name
HOURS

Amount WAGE Wage

FUND

FUND
hours
RATE

PAYE

Total

Total
SDL
rate

UIF

UIF
1 200
40 30 450 125
Werk W 10 45 1650 60 125 144 16,50 345,50 1304,5 120 16,50 16,50 278
640
32 20 150 90
Money M 5 30 790 32 90 64 7,90 193,90 596,10 64 7,90 7,90 169,80
960
40 24 108 90
Tired T 3 36 1 068 48 90 70 10,68 218,68 849,32 96 10,68 10,68 207,36
2800 708 305
3508 140 305 278 35,08 758,08 2749.92 280 35,08 35,08 655.16

Cash Payments Journal of Arm Traders for May 2017 CPJ

Sundry accounts
Doc. Day Details Bank
Amount Details
EFT 7 Sundry employees 2749.92 2749.92 Creditors for wages

204
 205

GENERAL LEDGER OF Arm Traders

Balance sheet section
Creditors for wages
May 7 Bank CPJ 2 749.92 May 7 Wages WJ 2 749.92

Medical Aid
May 7 Wages WJ 305

Medical Aid contrib WJ 305

Pension fund
May 7 Wages WJ 140

Pension fund contrib WJ 280

SARS: PAYE
May 7 Wages WJ 278

UIF
May 7 Wages WJ 35.08

UIF contrib WJ 35.08

Skills Development Fund

35.08
May 7 Skills levy contrib SJ

Nominal Sheet section

Wages

205
 206

May 7 Sundry accounts WJ 3 508

Pension contribution
May 7 Pension fund WJ 280

Medical aid contribution

May 7 Medical Aid fund WJ 305

UIF contribution
May 7 UIF WJ 35.08

Skills Levy contribution

Skills development 35.08
May 7 fund WJ

206
 207

OEFENING 9
LOONJOERNAAL VAN APPEL HANDELAARS VIR DIE WEEK GEEïNDIG 23 Mei 20.8 LJ

NORMALE TYD Aftrekkings (Werknemers) Bydraes (Werkgewer)

Oortyd/overtime
Deductions contributions

Totale aftrekkings

Bydraes/Total
contributions
Bruto Netto

Total deduction
URE/Hours

LBS//PAYE
koers/Over

PENSIOEN

PENSIOEN
Oortyd ure
Loon Loon
Naam

MEDIESE

VOH/SDL
Overtime
BEDRAG

time rate

WVF/UIF

WVF/UIF
Bedrag Gross Nett
TARIEF/

AMount

FONDS

FONDS

FONDS
Oortyd

Totale
Amount wage wage

hours
Rate

K Kanu 40 20 800 800 60 20 74 8 162 638 120 8 8 136

M Muray 40 24 960 5 36 180 1 140 72 20 106.80 11.40 210.20 929.80 144 11.40 11.40 166.80
L Leslie 40 40 1600 10 60 600 2 200 120 20 208 22 370 1 830 240 22 22 284

3 360
780 4 140 252 60 388.80 41.40 742.20 3 397.80 504 41.40 41.40 586.80

Cash Payments Journal of Apple Traders - May 2017 CPJ

Sundry accounts
Doc. Day Details Bank
Amount Details
EFT 23 Sundry employees 3 397.80 3 397.80 Creditors for wages

207
 208

GENERAL LEDGER OF Apple Traders

Balance sheet section
Creditors for wages
May 23 Bank CPJ 3 397.80 May 23 Wages WJ 3 397.80

Medical Aid
May 23 Wages WJ 60

Pension fund
May 23 Wages WJ 252
Pension fund contrib WJ 504

SARS: PAYE
May 23 Wages WJ 388.80

UIF
May 23 Wages WJ 41.40
UIF contrib WJ 41.40

Skills Development Fund

May 23 Skills levy contrib WJ 41.40

Nominal Sheet section

Wages
May 23 Sundry accounts WJ 4 140

Pension contribution

208
 209

May 23 Pension fund WJ 504

UIF contribution
May 23 UIF WJ 41.40

Skills Levy contribution

Skills development 41.40
May 23 fund WJ

209
 210

EXERCISE 10
2.1 LOONJOERNAAAL van Ruben se Hokkie skool vir die week geeïndig 7 Novemebr 2013 LJ

Naam
Normale tyd Oortyd Aftrekkings Bydraes

AFTREKKINGS
BRUTO LOON

NETTO LOON
PENSIOEN

PENSIOEN
BEDRAG

BYDRAES
MEDIESE

MEDIESE
OORTYD
BEDRAG

TOTALE

TOTALE
OORTD

FONDS
KOERS

KOERS

FONDS

FONDS

FONDS
WVF

WVF

VOH
URE

URE

LBS
TAYLOR A
4.5 100 450 4 150 600 1 050 45 40 50 10.50 145.50 904.50 45 80 10.50 10.50 146

STRYDOM H
3 80 240 240 24 15 20 2.40 61.40 178.60 24 30 2.40 2.40 58.80

210
 211

EXERCISE 11
General Ledger of CAMP KIDS
BALANCE SHEET SECTION
Creditors for wages B7
Jun 30 Bank CPJ 5 311,45 Jun 7 Wages WJ1 1 022,50
14 Wages WJ2 1 429,65
21 Wages WJ3 1 429,65
28 Wages WJ4 1 429,65
5 311,45 5 311,45

Creditors for salaries B8

Jun 30 Bank CPJ 11 610,10 Jun 30 Salaries SJ 11 610,10

11 610,10 11 610,10

SARS: PAYE B9
Jun 30 Bank KBJ 3 214 7 Wages WJ1 189
14 Wages WJ2 212
21 Wages WJ3 212
28 Wages WJ4 212
30 Salaries SJ 2 389
3 214 3 214

UIF B11
Jun 30 Bank CPJ 467,30 7 Wages WJ1 13,50
UIF contribution WJ1 13,50
14 Wages WJ2 18,35
UIF contribution WJ2 18,35
21 Wages WJ3 18,35
UIF contribution WJ3 18,35
28 Wages WJ4 18,35
UIF contribution WJ4 18,35
30 Salaries SJ 165,10
UIF contribution SJ 165.10
467,30 467,30

Medical aid fund

211
 212

Jun 30 Bank CPJ 5 990 7 Wages WJ1 125

Medical
contribution WJ1 125
14 Wages WJ2 175
Medical
contribution WJ2 175
21 Wages WJ3 175
Medical
contribution WJ3 175
28 Wages WJ4 175
Medical
contribution WJ4 175
30 Salaries SJ 2 345
Medical
contribution SJ 2 345
5 990 5 990

Pension fund
Jun 30 Bank CPJ 4 995.80 7 Wages WJ1 150
Pension fund
contribution WJ1 120
14 Wages WJ2 165
Pensioen fonds
bydrae WJ2 160
21 Wages WJ3 165
Pensioen fonds
bydrae WJ3 160
28 Wages WJ4 165
Pensioen fonds
bydrae WJ4 160
30 Salaries SJ 2 250
Pension funds
contribution SJ 1500,80
4 995.80 4 995.80

SDL fund
Jun 30 Bank CPJ 233,65 7 SDL contribution WJ 13,50
14 SDL contribution WJ 18,35
21 SDL contribution WJ 18.35
28 SDL contribution WJ 18,35
30 SDL contribution SJ 165.10

233,65 233,65

NOMINAL ACCOUNTS

212
 213

WAGES
Jun 7 Sundry Accounts WJ1 1 500
14 Sundry Accounts WJ2 2 000
21 Sundry Accounts WJ3 2 000
28 Sundry Accounts WJ4 2 000
7 500

SALARIES N
Jun 30 Sundry Accounts SJ 18 760

PENSION FUND CONTRIBTUION

7 Pension fund WJ1 120
14 Pension fund WJ2 160
21 Pension fund WJ3 160
28 Pension fund WJ4 160
30 Pension fund SJ 1500,80
2100,80

MEDICAL AID CONTRIBUTION

7 Medical Aid fund WJ1 125
14 Medical Aid fund WJ2 175
21 Medical Aid fund WJ3 175
28 Medical Aid fund WJ4 175
30 Medical Aid fund SJ 2 345
2 995

UIF Contribution
7 UIF WJ1 13,50
14 UIF WJ2 18,35
21 UIF WJ3 18,35
28 UIF WJ4 18,35
30 UIF SJ 165,10
233.65

SDL Contribution
7 SDL Fund WJ1 13,50

213
 214

14 SDL Fund WJ2 18,35

21 SDL Fund WJ3 18.35
28 SDL Fund WJ4 18,35
30 SDL Fund SJ 165.10
233,65

EXERCISE 12
a)
R12 900 – R3 574 = R9 326

b)
Aftrekkings: word van die werknemer se salaris afgetrek
Bydraes: Voodele bo en behale die salaris wat die
werkgewer bydrae namens die werknemer

c)
Totale ure: 2 700xR3,60 = R9 720
Bruto Loon- Normale tyd = Oortyd
12 900 – 9 720 = 3 180÷5 = 636 uur oortyd

d) (R220 + R440 )x 4 weke = R2 640

e) SAID-INKOMSTEBELASTING (SARS PAYE)

Krediteer

f)
LONE SALARISSE
Word gewoonlik weekliks betaal Word maandeliks betaal
Word gewoonlik in kontant betaal Word gewoonlik per tjek of direk in die
bank inbetaal
Word volgens tarief per uur of stukwerk ‘n Vaste voorafbepaalde maandelikse
betaal bedrag word betaal

EXERCISE 13

214
 215

a) Calculate W Work wage rate for normal time?

1200 ÷ 40 = 30

b) Calculate how many hours did W Work work overtime?

450 ÷ 45 = 10

c) How much will W Work Nett Wage be?

1 650 -405,50 = 1244,50

d) Is W Work overtime rate fair?

Normal time rate is 30

Overtine rate is 45
Overtime rate is fair because it is 1.5 times normal rate

e) The pension fund remained unchanged during the month of May. Calculate how much
must be paid over to the pension fund in May.

120 + 60= 180x 4 = 720

f) What is the cost to company for W Work for this week?

Gross wage +contributions
1 650 + 218 = 1868

g) What is the difference between deductions and contributions?

Deductions: deducted from gross salary/wage to get net salary/wage
Contributions: the employer contribute as an extra benefit

215
 216

EXERCISE 14

MEMO TOTAL: 50
QUESTION 1
SALARIES JOURNAL OF Mondli Stores for March 2014 SJ
DEDUCTIONS CONTRIBUTIONS

contribution
deductions
Basic Gross Net
Name Bonus
salaries Salaries salaries

Pension

Pension
Medical

Medical
PAYE

Total

Total
SDL
UIF

UIF
Nkosi B 10 500 10 500 21 000 5 2 50 1 250 840 210 7 550 13 450 210 840 2 500 210 3 760
Smith L 5 000 5 000 500 400 50 950 4 050 50 400 50 500
Khumalo G 8 000 8 000 1 200 700 640 80 2 620 5 380 80 640 1 400 80 2 200
Pointer P 1 800 1 800 400 144 18 562 1 238 18 144 18 180
TOTAL

(30)

216
 2

QUESTION 2

General Ledger of Cindy’s Clocks

Balance Sheet Section

Pension Fund B10

May 31 Bank CPJ 87 500 May 31 Salaries SJ 35 000
Pension F SJ 52 500
contribution
87 500 87 500

Creditors for Salaries B11

May 31 Bank CPJ 57 300 May 31 Salaries SJ 57 300

(16)

QUESTION 3
SALARIES WAGES
 End of the month *End of the day/week

 Usually in bank account *Usually in cash

 Usually permanent workers *Usually temporary workers

 Fixed predetermined monthly amount *determined according to the hours worked

 Benefits such as bonus, housing *Additional remuneration for working

subsidy overtime
 218

H.
YEAR END ADJUSTEMENTS
DEPRECIATION AND ACCUMULATED DEPRECIATION: COST
PRICE/STRAIGHT LINE METHOD
Exercise 1 DATE:_______________

Accumulated dep on Vehicles

Feb2008 28 Depreciation GJ 15 000
Feb2009 28 Depreciation GJ 15 000
Feb2010 28 Depreciation GJ 15 000

Accumulated depreciation on equipment

Feb2008 28 Depreciation GJ 11 250
2009
Feb 28 Depreciation GJ 11 250
2010
Feb 28 Depreciation GJ 11 250

Depreciation
Feb2008 28 Accum dep on Vehicle GJ 15 000
Accum dep on Equip GJ 11 250
Feb2009 28 Accum dep on Vehicle GJ 15 000
Accum dep on Equip GJ 11 250
Feb2010 28 Accum dep on Vehicle GJ 15 000
Accum dep on Equip GJ 11 250

218
 219

General Journal for 2010

Debtors control Creditors control
Doc D Details Fol Debit Credit
Debit Credit Debit Credit
Depreciation 26 250
Accumulated depreciation on
equipment 11 250
Accumulated depreciation on
vehicles 15 000
Provide for depreciation

CALCULATIONS

10 15
Vehicles: 15 000 x 100 = 15 000 Equipment: 75 000 x 100 = 11 250
ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Accumulated
-11
Depreciation depreciation 11 250 -11 250
250
on equipment
Accumulated
-15
Depreciation depreciation 15 000 -15 000
000
on vehicles

219
 220

DEPRECIATION: DIMINISHING BALANCE METHOD/BOOKVALUE METHOD

EXERCISE 2 DATE:______________

Accumulated dep on Vehicles

Feb2008 28 Depreciation GJ 15 000
Feb2009 28 Depreciation GJ 13 500
Feb2010 28 Depreciation GJ 12 150

Accumulated depreciation on equipment

Feb2008 28 Depreciation GJ 11 250
2009
Feb 28 Depreciation GJ 9 562.50
2010
Feb 28 Depreciation GJ 8128.13
Depreciation
Feb2008 28 Accum dep on Vehicle GJ 15 000
Accum dep on Equip GJ 11 250
Feb2009 28 Accum dep on Vehicle GJ 13 500
Accum dep on Equip GJ 9562,50
2010
Feb 28 Accum dep on Vehicle GJ 12 150
Accum dep on Equip GJ 8 128,13

CALCULATION

VEHICLES:
Feb 28 (2008) 150 000 x 10% = 15 000
(2009) 150 000 -15 000 = 135 000 x 10% = 13 500
(2010) 150 000 – 28 500 = 121 500 x 10% = 12 150

EQUIPMENT

Feb 28 (2008) 75 000 x 15% = 11 250

(2009) 75 000 – 11 250 = 63 750 x 15% = 9 562,50
(2010) 75 000 – 11 250 – 9562,50 = 54187,5 x 15% = 8128,13

220
 221

General Journal for 2010

F Debtors control Creditors control
Doc D Details o Debit Credit Debit Credit Debit Credit
l
Depreciation 20 278.13
Accumulated depreciation on
equipment 12 150
Accumulated depreciation on
vehicles 8 128,13
Provide for depreciation

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Accumulated
-12
Depreciation depreciation 12 150 -12 150
150
on equipment
Accumulated
Depreciation depreciation 8 128,13 -8 128,13 -8 128,13
on vehicles

221
 222

TRADING STOCK DEFICIT AND SURPLUS

EXERCISE 3 DATE:_____________________
Trading stock
Feb 28 Balance bd 10 889 Trading stock deficit GJ ?121
Balance cd 10 768
10 889 10 889
Mrch 1 Balance bd 10 768

Trading stock deficit

Feb 28 Trading stock GJ 121

General Journal for 2010

F Debtors control Creditors control
Doc D Details o Debit Credit Debit Credit Debit Credit
l
Trading stock deficit 121

Trading stock 121

Trading stock deficit calculated

Accounting equation
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Trading stock
Trading stock 121 -121 -121
deficit

222
 223

EXERCISE 4 DATE:__________________

Trading stock
Feb 28 Balance bd 10 768
Trading stock surplus GJ ??121 Feb 28 Balance cd 10 889
10 889 10 889
Mrch 1 Balance bd 10 889

Trading stock surplus

Feb 28 Trading stock GJ 121

General Journal for 2010

F Debtors control Creditors control
Doc D Details o Debit Credit Debit Credit Debit Credit
l
Trading stock 121

Trading stock surplus 121

Trading stock surplus calculated

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Trading stock
Trading stock 121 +121 +121
surplus

223
 224

CONSUMABLE STORES ON HAND

(consumable goods, stationary and packing en verpakkingsmateriaal)
EXERCISE 5 DATE:_______________________

Consumable stores on hand

Feb 28 Stationery GJ 277

Consumable
goods GJ 189
Packing material GJ 29
Stationery
Mrc 1 Total bd 2 300 Feb 28 Cons stores on hand GJ 277
Consumable goods
Mrc 1 Total bd 1 899 Feb 28 Cons stores on hand GJ 189
Packing material
Mrc 1 Total bd 299 Feb 28 Cons stores on hand GJ 29

General Journal for 2010

F Debtors control Creditors control
Doc D Details o Debit Credit Debit Credit Debit Credit
l
Consumable stores on hand 495

Stationery 277

Consumable goods 189

Packing material 29
Consumable stores on hand

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Consumable
Stationery 277 +277 +277
stores on hand
Consumable Consumable
189 +189 +189
stores on hand goods
Consumable
Packing material 29 +29 +29
stores on hand

224
 225

PREPAID EXPENSES
EXERCISE 6 DATE:____________________

Prepaid expenses

Feb 28 Salaries GJ 2 250

Insurance GJ 80

Salaries

Feb 28 Total bd 71 200 Feb 28 Prepaid expense GJ 2 250

Insurance

Feb 28 Total bd 2 170 Feb 28 Prepaid expense GJ 80

General Journal for 2010

F Debtors control Creditors control
Doc D Details o Debit Credit Debit Credit Debit Credit
l
Prepaid expense 2 330

Salaries 2 250

Insurance 80
Expense prepaid
ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Prepaid expense Salaries 2 250 +2 250 +2 250
Prepaid expense Insurance 80 +80 +80

225
 226

EXERCISE 7 DATE:_______________

Prepaid expense
Feb 29 Rent expense GJ 2 000
Advertisement GJ 3 000

Feb 29 Total bd 26 000 Feb 29 Prepaid expense GJ 2 000

Rent expense

Feb 28 Total bd 6 000 Feb 28 Prepaid expense GJ 3 000

Advertisement

Rent 12 x R2 000 = R24 000

Advertisement R4 500 ÷ 3 x 2 = R3 000
General Journal for 2010
F Debtors control Creditors control
Doc D Details o Debit Credit Debit Credit Debit Credit
l
Prepaid expense 5 000

Rent expense 2 000

Advertisement 3 000
Expense prepaid

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Prepaid
Rent expense 2 000 +2 000 +2 000
expense
Prepaid
Advertisement 3 000 +2 000 +3 000
expense

EXERCISE 8 DATE:________________
226
 227

Prepaid expense

Feb 28 Stationery GJ 300

Total bd 2 200 Prepaid expense GJ 300

Stationery

General Journal for 2010

F Debtors control Creditors control
Doc D Details o Debit Credit Debit Credit Debit Credit
l
Prepaid expense 300

Stationery 300
Expense prepaid

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Prepaid
Stationary 300 +300 +300
expense

ACCRUED EXPENSES
EXERCISE 9 DATE:___________________

227
 228

Accrued expense

Feb 28 Interest on loan Gj 300

Interest on loan

Feb 28 Total bd 300

Accrued expense GJ 300

Rent expense

Feb 28 Total bd 6 600

Accrued expense GJ 600
10 6
Interest: 6 000 x 100 x 12 = 300 Rent 6 600 ÷11 = R600
General Journal for 2010
F Debtors control Creditors control
Doc D Details o Debit Credit Debit Credit Debit Credit
l
Interest on loan 300

Rent expense 600

accrued expense 900
Expenses payable

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Interest on Accrued
300 -300 +300
loan expense
Acrued
Rent expense 600 -600 +600
expense

EXERCISE 10 DATE:__________________
Accrued expense

228
 229

Feb 29 Telephone GJ 880

Interest on loan GJ 6 000

Telephone
Feb 29 Total bd 12 470
29 Accrued expense GJ 880

Interest on loan
Feb 29 Total bd 6 000
29 Accrued expense GJ 6 000

General Journal for 2010

F Debtors control Creditors control
Doc D Details o Debit Credit Debit Credit Debit Credit
l
Interest on loan 6 000

Telephone 880
Accrued expense 6 880

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Interest on Accrued
6 000 -6000 +6 000
loan expense
Accrued
Telephone 880 -880 +880
expense

INCOME RECEIVED IN ADVANCE (DEFERRED INCOME)

EXERCISE 11 DATE:________________
Income received in advance
Feb 28 Rent Income GJ 400

229
 230

Rent Income
Income received in
Feb 28 advance GJ 400 Feb 28 Total bd 5 200

General Journal for 2010

F Debtors control Creditors control
Doc D Details o Debit Credit Debit Credit Debit Credit
l
Rent Income 400

Income received in advance 400

5 200 ÷ 13 = 400
ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Income
Rent Income received in -400 +400
advance

EXERCISE 12 DATE:____________

Income received in advance

Rent Income GJ 4 900
Commission Income GJ 4 200
Rent Income
Income received in
advanced
(29 400 – 24 500) GJ 4 900 Total bd 29 400
Commission Income
Income received in
advance
(6 300 – 2 100) GJ 4 200 Total 6 300

General Journal for 2010

F Debtors control Creditors control
Doc D Details o Debit Credit
230
 231

Rent 2 450 x 10 = 24 500 Commission 1 050 x 2 = 2 100

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Income
Rent income received in 4 900 -4 900 +4 900
advance
Income
Commission
received in 4 200 -4 200 +4 200
income
advance

ACCRUED INCOME

EXERCISE 13 DATE:_____________

Accrued income
Rent Income GJ 800
Interest income GJ 250

Rent Income
Total bd 8 800
Accrued Income GJ 800
Interest Income
Total bd 1 200

231
 232

Accrued Income GJ 400

General Journal for 2010

F Debtors control Creditors control
Doc D Details o Debit Credit Debit Credit Debit Credit
l
Accrued Income 1 200

Rent income 800

Interest income 400
Rent: 8 800 ÷11 = 800
16 3
Interest: 10 000 x 100 x 12 = 400

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Accrued
Rent income 800 +800 +800
income
Accrued Interest
400 +400 +400
income income

EXERCISE 14 DATE:_____________________

Accrued Income
Commission Income GJ 4 000
Interest income GJ 2 400
Commission Income
Total bd 20 000
Accrued Income GJ 4 000
Interest Income
Feb 28 Total bd 6 400
Accrued Income GJ 2 400

General Journal for 2010

Doc D Details F Debit Credit Debtors control Creditors control

232
 233

o Debit Credit Debit Credit

l
Accrued Income 6 400

Commission income 4 000

Interest income 2 400
11 16
Commission: 2 000x 12 = 24 000 Interest: 60 000x x = 8 800
12 100

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Acccrued Commission
4 000 +4 000 +4 000
income income
Accrued Interest
2 400 +2 400 +2 400
income income

EXECISE 15 DATE:_____________
GENERAL JOURNAL of BOOTS AND ALL FOR THE month ENDED 28 FEBRUARY 2012 GJ
Debtors control Creditors
Do Fo control
D Details Debit Credit
c l
Debit Credit Debit Credit

JV1 28 Trading stock deficit 1 500

Trading Stock 1 500

JV2 Consumable stores on hand 2 760

Packing material 1 860
Stationery 900

JV3 Wages/Lone 950

Accrued expense 950

233
 234

JV4 Rent I/huur inkomste 600

Income received in advance 600

JV5 Accrued I 240

Interest I/Rente I 240

JV6 Prepaid expense 420

Advertisement 420

JV
7 Aids programme 2 000
Accrued expense 2 000

JV
8 Depreciation/Wvm 40 600
Ac dep on E 8 600
Ac dep on V 32 000

JV
9 Provision for bad debts 60
Provision for b d adj 60

EX 15 T ACCOUNTS
1. T stock T stock deficit

Bal 88600 T stock deficit 1500 T stock 1 500

Pack M Stationery

total Cons on hand 1 860 Total 2900 Cons on hand 900

Cons on hand

Pack mat 1860

234
 235

Stationery 900

2. Wages Accrued exp

Total 28800 Wages 9 500

Accrued exp 9 500

3. Rent Income Income received in advance

Income rec in Total 7 800 Rent Income 600

advance 600

4. Interest on fix deposit Accrued Income

Total 720 Interest on fixed

deposit 240
Accrued Income
240

720÷9=80 x 3 = 240

5. Advertisement Prepaid expense

Total 4 800 Prepaid expense Advertisement

420 420

6. Aids awareness prog Accrued expense

Accrued exp 2000 Accrued exp

2000

235
 236

7. Acc depr on equipment Acc depr on vehicles

Balance 33 600 Balance 20 000

Depreciation 8 600 Depreciation 32 000

Depreciation

Acc depr on equipment

8 6oo

Acc dep on vehic 32 000

180 000 – 20 000 =160 000 x 20% =32 000

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Trading stock
1 Trading stock 1 500 -1500 -1500
deficit
Consumable Packing
1860 +1860 +1860
stores on hand material
Consumable
stores on hand
Stationary 900 +900 +900
Accrued
2 Wages 950 -950 +950
expense

236
 237

Income
Rent I/huur
3 inkomste
received in 600 -600 +600
advance
Accrued Interest on
4 240 +240 +240
income fixed deposit
5 Prepaid exp Advertisement 420 +420 +420
Accrued
6 2 000 -2 000 +2 000
Aids programme expense
Acc dep on
7 Depreciation 8 600 - 8600 -8 600
equip
Acc dep on -32
Depreciation 32 000 -32 000
vehic 000

EXERCISE 16 DATE:_________________

General Journal of of Enjoy Traders – June 2014 GJ

Debtors control Creditors control
Doc D Details Fol Debit Credit
Debit Credit Debit Credit

30
√ Rent expense√ 2 700√
001
Accrued expense√ 2 700

237
 238

Prepaid expense√ 240√

002
Insurance√ 240√

Stationery√ 54
003
Repairs√ 54

22496√
004 Depreciation√ √

Accumulated dep on V √ 16875√

Accumulated dep on E √ 5621√

Accrued Income√ 1968√

005
Interest on fixed deposit√ 1968

Trading stock deficit√ 1 400√

006
Trading stock√ 1 400

Consumable stores on hand√ 505√

007
Stationery√ 505

Prepaid expense√ 500

008
Packing material√ 500

Rent Income√ 2 000√

009
Income received in advance√ 2 000

238
 239

1. 13 500 ÷10 x 2 = R2 700

6
2. 480 x 12 = 240
4. Vehicles
136 800 – 24 300 = 112 500 x 15% = 16 875
Equipment
56 210 x 10% = 5 621
5. 24 600 x 12 = 2 952 – 984 = 1 968
6. Trading stock 432 500 – 431 100 = 1 400
7. 34 560 x 5% = 1 728
8. 26 000÷13 = R2 000

EXERCISE 16 T-ACCOUNTS
1. Rent exp Accrued exp
Total 13 500 Rent ex 2700

Accrued exp 2700

2. Insurance Prepaid expense

Total 5 600 Prepaid e 2700 Insurance 2700

239
 240

3. Stationery Repairs
54
54

4. Acc dep on vehic Acc dep on equip

Dep 16 875 Dep 5 621

Depreciation

16 875

5 621

136 800 – 24 300 = 112 500 x 15% = 16 875

5. interest on fix dep Accrued in

Total 984 Int on fix dep

Accrued ? 1968 1 968

2952

24 600 x 12% = 2 952

6. Trading s Trading stock defict
Balan 432500 Trading st defi 1400 T stock 1400

Stationery Cons on hand

240
 241

Total 720 Cons on hand 505 Stationery 505

7. Packing m Prepaid expense

Total 1400 Prepaid e 500 Packing m 500

8. 2600÷13= 2000

Rent income Income received in advance

Income Total 26 000 Rent income 2000

received in
advance 2000

EXERCISE 16

ACCOUNTING EQUATION
Account Account Owners Liabilitie
No Amount Assets
debited credited equity s
Accrued
1 Rent expense 2 700 -2700 +2 700
expense
Prepaid
2 Insurance 240 +240 +240
expense

241
 242

3 Stationery Repairs 54 ±54

Acc dep on
4 Depreciation 5 621 -5 621 -5 621
equip
Acc dep on -16
Depreciation 16 875 -16 875
vehic 875
Accrued Interest on
5 1968 +1 968 +1 968
income fixed dep
Trading stock
6 Trading stock 1 400 -1400 -1 400
deficit
Cons on hand Stationary 505 +505 -505
Prepaid Packing
7 500 +500 +500
expense material
Income
8 Rent income received in 2 000 -2000 +2 000
advance

242
 2

EXERCISE 17

GENERAL JOURNAL GJ
DOC DEBTORS CONTROL CREDITORS CONTROL
D DETAILS FOL DR CR
NO DR CR DR CR

2 Bad debts 3 100

B. Brown 3 100 3 100
Account written off
4 S. Smith 84 84
Interest income 84
Interest at 8%p.a on overdue account
8 Drawings 720
Trading stock 400
Stationery 320
Owner took goods for personal use
10 Bad debts 1 012
W. Skelm 1 012 1 012
Written off as irrecoverable
12 M. Mickey 1 500 1 500
M. Mouse 1 500 1 500
Correction of posting to incorrect debtor
 244

GENERAL JOURNAL GJ
DOC DEBTORS CONTROL CREDITORS CONTROL
D DETAILS FOL DR CR
NO DR CR DR CR

17 XB Suppliers 180 180

Stationery 180
Transfer journal entries
24 BB Stores 3 500 3 500
BB Wholesales 3 500 3 500
Correction of error in posting
28 Repairs and Maintenance 14 600
Land and Building 14 600
Correction of error in posting
31 Interest expense 220
HT Wholesalers 220 220
Interest paid on overdue account
31 Salary 14 380
Wages 14 380
Correction of error

OEFENING 17

244
 245

ALGEMENE JOERNAAL AJ

245
 246

DOK DEBITEURE KONTROLE KREDITEURE KONTROLE

D BESONDERHEDE FOL DT KT
NO DT KT DT KT

2 Oninbare skulde 3 100

B. Brown 3 100 3 100
Rekening afgeskryf
4 S. Smith 84 84
Rente inkomste 84
Rente teen 8%p.j op agterstallige rekening
8 Onttrekkings 720
Handelsvoorraad 400
Skryfbehoeftes 320
Eienaar neem voorraad vir eie gebruik
10 Oninbare skuld 1 012
W. Skelm 1 012 1 012
Afgeskryf as oninbaar
12 M. Mickey 1 500 1 500
M. Mouse 1 500 1 500
Regstelling van fout

ALGEMENE JOERNAAL AJ
DOK D BESONDERHEDE FOL DT KT DEBITEURE KONTROLE KREDITEURE KONTROLE

246
 247

NO
DT KT DR CR

17 XB Verskaffers 180 180

Skryfbehoeftes 180
Oordrag van joernaalinskrywings
24 BB Winkels 3 500 3 500
BB Groothandelaars 3 500 3 500
Regstelling van fout
28 Herstelwerk en Instandhouding 14 600
Grond en Geboue 14 600
Regstelling van fout
31 Rente uitgawe 220
HT Groothandelaars 220 220
Rente gehef op agterstallige rekening
31 Salaris 14 380
Lone 14 380
Regstelling van fout

247
 248

I.
FINAL ACCOUNTS

FINALE REKENINGE

248
 249

EXERCISE 1 DATE:_____________

OEFENING/EXERCISE 1
General Ledger of/Algemene Grootboek van BISHO TRADERS

BALANCE SHEET SECTION

Kapitaal/Capital B
Marc
Feb 28 Drawings GJ 5 600 h 1 Balance bf 266 000
2
Balance c/d 471 435 Feb 8 Profit and loss GJ 211 035

477 035 477 035

Marc
h 1 Balance b/d 471 435

FINAL ACCOUNT SECTION

Handelsrekening/Trading account F
Feb 28 Cost of sales AJ 159 800 Feb 28 Sales(486 000-6600) AJ 479 400
Profit and loss
(Gross profit) AJ 319 600

479 400 479 400

Profit and loss/Wins en verlies

249
 250

Trading stock deficit Trading account

Feb 28 (38 500-38 000) GJ 500 Feb 28 (gross profit) GJ 319 600
Stationery Rent Income
(4 200 – 200) GJ 4 000 (26 000 – 2 000) GJ 24 000
Interest on fixed
Bad debts deposit (1 620
(1 000 + 300) GJ 1 300 +540) GJ 2 160
Rates and taxes
(12 800 – 900) GJ 11 900
Salaries and wages GJ 46 000
Interest on loan
(2 400 + 800) GJ 3 200
Telephone GJ 4 820
Depreciation
(50 000 + 13 005) GJ 63 005
Capital(net profit) GJ 211 035

345 760 345 760

OEFENING/EXERCISE 2
General Ledger of/Algemene Grootboek van SAGA TRADERS TRADERS

BALANCE SHEET SECTION

Kapitaal/Capital
Dec 31 Drawings GJ 83 000 Jan 1 Balance bd 610 000
Balance Cd 581 670 Dec 31 Profit and loss GJ 54 670

664 670 664 670

Jan 1 Balance cd 581 670

FINAL ACCOUNT SECTION

250
 251

Handelsrekening/Trading account
(254 000-4 000)
Dec 31 Cost of sales GJ 120 000 Dec 31 Sales GJ 250 000
Profit and loss
(Gross profit) GJ 130 000
250 000 250 000

Profit and loss/Wins en verlies

Trading stock deficit Trading Account
Dec 31 (48 000 – 45 670) GJ 2 330 Dec 31 (gross profit) GJ 130 000
Stationery Rent income
(2 400 – 600) GJ 1 800 (11 700 – 900) GJ 10 800
Advertising GJ 4 300 Discount received GJ 1 000
Interest on fixed
Insurance deposit
(6 500 – 300) GJ 6 200 (7 200+7200) GJ 14 400
Bad debts
(800 + 289) GJ 1 089 Interest received GJ 189
Salaries GJ 40 000
Telephone
(2 469+ 31) GJ 2 500
Interest on overdraft
(8 100 + 500) GJ 8 600
Packing materials
(1 234 -134) GJ 1 100
Depreciation
(30 000 + 3 800) GJ 33 800
Capital (net profit) GJ 54 670
156 389 156 389

6 18
2) 2 100 x 12 x 100 = 189

5) 11 700 ÷ 13 = 900

7) 18 000 ÷ 12 x2 = 300

16
8) 90 000 x 100 = 14 400

OEFENING/EXERCISE 3
251
 252

General Ledger of/Algemene Grootboek van JOSUA DOORS

BALANCE SHEET SECTION

Kapitaal/Capital
Jun 31 Drawings GJ 168000 Jun 31 Balance bd 1 214 000

Balance Cd 1598924 Jun 31 Profit and loss GJ 552 924

1 766 924 1 766 924

Jul 1 Balance cd 1598924

252
 253

FINAL ACCOUNT SECTION

253
 254

OEFENING/EXERCISE 4
REKENINGKUNDE/ACCOUNTING GR 10 TOTAAL/TOTAL: 50
KWARTAAL/TERM 3: Gevallestudie/Case study VERWERK/Convert: 10

General Ledger of/ Algemene grootboek van Sally’s Sweet Shop

Balance Sheet Section

Capital/Kapitaal
Drawings/Onttrekkings
Feb 29 (8 500+ 400 AJ 8 900 Feb 1 Balance Bd 97 695
Balance c/d 115 394 28 Profit and loss GJ 26 599

124 294 124 294

March 1 Balance Bd 115 394

(11)

Final account section

Trading Account/Handelsrekening
Sales
Feb 29 Cost of Sales GJ 71 000 Feb 29 (120 770 – 270) GJ 120 500
Profit and loss (gross profit) GJ 49 500
120 500 120 500

(6)

Profit and loss/Wins en verlies

254
 255

Feb 29 Bank charges GJ 740 Feb 29 Trading account GJ 49 500

Vehicle expenses Interest on
(2 930 + 700) GJ 3 630 investment GJ 800
Commission
Interest on loan income
(4 800+ 2 350) GJ 7 150 4725-450 GJ 4 275
Consumable goods Rent Income
(825 -90) GJ 735 11 500+2875 14 375
Sundry expenses
(1 955 – 175) GJ 1 780 11500÷4
Depreciation
(58 000 – 7640)x10% GJ 5 036
Wages GJ 23 280
Capital (net profit) GJ 26 599
68 950 68 950
(27)
Interest on loan: 65 000 x 11% = 7 150
QUESTION/VRAAG 2

17 200 + 600 + 175 - 400 = 17 575

(6)

J.
255
 256

VASTE BATES
FIXED ASSETS
-MEMO

EXERCISE 1 DATE:________________
(Fixed Assets - bookkeeping)
1.1 Briefly explain why fixed assets are depreciated.

256
 257

Any ONE relevant reason: 

- Items are used and are subject to wear and tear, so will loose value
- They are being used and cannot be sold in future as new (at purchase or cost price))
- It will not be worth the price paid for it over time and will be sold or disposed at a loss. This loss
cannot be written off in one financial period. 2

1.2.1 Depreciation on vehicles

Workings Answer
New: (552 000 - 384 000)
one part correct
= 168 000 x 15/100 x 4/12  = 8 400 
15
R66 000 
+ Old: 384 000 x /100 = 57 600 
7

1.2.2 Depreciation on equipment

Workings Answer

(288 000 - 135 750) one part correct

20
152 250  x / 100 R30 450 
3

1.3
GENERAL LEDGER OF BONGI FAST 'n FRESH
Dr Vehicles (B5) Cr
2019 2020
Mar 1 Balance b/d  384 000 Feb 28 Balance c/o  552 000
Nov 1 Creditors Control CJ  168 000
Bal. figure

552 000 552 000

2020
1 Balance b/d  552 000
Mar

5
Nominal accounts section
Depreciation (N14)
2020 Accumulated depr
Feb 28 on vehicles   66 000
Accumulated depr
on equipment  30 450
(one mark for both) See 1.2

1.4 Provide TWO internal control measured that she can use to determine whether her opinion is
correct or not.

257
 258

Any TWO valid points:  

 Install tracking devices on the vehicles
 Get drivers to keep log book (trip register)
 Drivers need to park vehicles on the premises at the end of official trade hours and
sign out in the mornings
 Change drivers regularly - drivers do not use the same vehicle for long periods
 Inspect the vehicles at the end of every trip - driver need to sign the check list to
confirm its condition before signing it back in.
4

TOTAL: 24

OEFENING 1 DATUM:________________
(Vaste bates)
1.1 Verduidelik kortliks waarom waardevermindering op vaste bates afgeskryf word.
Enige EEN toepaslike rede: 

- Items word gebruik en blootgestel aan slytasie, wat hul waarde laat afneem
- Omdat dit gebruik word, kan dit nie as nuut (teen aankoop- of kosprys) in die toekoms verkoop word
nie
- Dit sal nie die kosprys werd wees met verloop van tyd nie en sal dus teen 'n verlies verkoop/
vervreem word. Hierdie verlies kan nie in een finansiële periode afgeskryf word nie. 2

1.2.1 Waardevermindering op voertuie

Bewerkings Antwoord
Nuwes: (552 000 - 384 000)
een deel korrek
= 168 000 x 15/100 x 4/12  = 8 400 
15
R66 000 
+ Oud: 384 000 x /100 = 57 600 
7

1.2.2 Waardevermindering op toerusting

Bewerkings Antwoord

(288 000 - 135 750) een deel korrek

20
152 250  x / 100 R30 450 
3

.3ALGEMENE GROOTBOEK VAN BONGI FAST 'n FRESH

Dt Voertuie (B5) Kt
2019 2020
Mar 1 Saldo a/b  384 000 Feb 28 Saldo o/d  552 000
Nov 1 Krediteurekontrole KJ  168 000
Bal. bedrag

552 000 552 000

2020
1 Saldo a/b  552 000
Mar

Nominale rekeninge-afdeling

258
 259

Waardevermindering (N14)
2020 Opgehoopte waardev.

op voertuie 
Feb 28 66 000
Opgehoopte waardev.
op toerusting  30 450
(een punt vir albei) Sien 1.2

3
1.4 Gee TWEE interne kontrolemaatreëls wat sy kan gebruik om vas te stel of sy korrek is of nie.
Enige TWEE geldige aspekte:  
 Installeer opsporingstelsels in voertuie
 Bestuurders moet logboeke hou (rit-register)
 Bestuurders moet voertuie op die perseel parkeer na amptelike werksure en dit
weer uitteken in die oggende
 Verander gereeld die bestuurders - hulle moet nie dies. voertuig vir lang periodes
gebruik nie
 Gaan voertuie na sodra 'n rit voltooi is - bestuurder moet dit inteken en
kontrolelys teken ter bevestiging van voertuig se toestand.
4

TOTAAL: 24

EXERCISE 2 DATE:________________

2.1 Calculate the depreciation on equipment for the year ended

28 February 2019.
Old: R33 000 – R14 000 x 10/100 = R1 900 one part correct
New: R14 000 x 10/100 x 6/12 = R 700one part correct
R2 600 operation one part correct
OR
33 000 – 14 000 = 19 000 x 10/100 x 6/12 = 950 one part correct
33 000 x 10/100 x 6/12 = 1 650 one part correct
950 + 1 650 = 2 600 operation one part correct
5

2.2 Calculate the carry value(book value) of equipment on

28 February 2019.
R15 100 twee punte
R33 000  – (12 500 + 2 600 ) = R17 900  een deel korrek

2.3 ASSETS REGISTER

259
 260

Assets CAT PICK-UP DATE PURCHASED 1 December

LOADER 2016
Cost R110 000 Depreciation method 20% per
price annum on the
diminishing
balance
method.
Record of depreciation
Date Depreciation Accumulated Carry value
depreciation
28 Feb 83 600
2018
28 Feb 16 720 43 120 66 880
2019
5
2.4 State ONE reason why the assets register is a valuable tool in assets
management.
 Verification of assets for balance sheet purposes
 Can physically compare asset items to the assets register.
 Quick reference of asset item’s history when selling it.

2.5 State TWO internal control measures that the owner can put in place to
reduce the misuse of the delivery vehicle by the driver.
 Install a tracker device.
 Explain the code of conduct to employee(s) and the procedures applicable
when the vehicle is misused.
 The driver must complete a logbook of all kilometres travelled.

OEFENING 2 DATUM:________________
2.1 Bereken die waardevermindering op toerusting vir die jaar geëindig
28 Februarie 2019.
260
 261

R33 000 – R14 000 x 10/100 = R1 900 een deel korrek

Nuut: R14 000 x 10/100 x 6/12 = R 700een deel korrek
R2 600 bewerking een deel korrek
OF
33 000 – 14 000 = 19 000 x 10/100 x 6/12 = 950 een deel korrek
33 000 x 10/100 x 6/12 = 1 650 een deel korrek
950 + 1 650 = 2 600 bewerking een deel korrek

2.2 Bereken die draewaarde (boekwaarde) van toerusting op

28 Februarie 2019.
R15 100 twee punte
R33 000  – (12 500 + 2 600 ) = R17 900  een deel korrek
4
2.3 BATEREGISTER
Bates CAT PICK-UP DATUM AANGEKOOP 1 Desember
LOADER 2016
Kosprys R110 000 Waardeverminderings 20% per jaar
-metode op die
verminderde
saldo metode
Rekord van waardevermindering
Datum Waardeverminderin Opgehoopte WVM Draewaarde
g
28 Feb 83 600
2018
28 Feb 16 720 43 120 66 880
2019

2.4 Gee EEN rede waarom ‘n vastebateregister ’n nuttige beheerinstrument

is vir vaste bates.
 Verifikasie van bates vir balansstaat doeleindes
 Kan fisies die bate items vergelyk/kontroleer met die bateregister

261
 262

 Kyk na bate se geskiedenis as jy dit verkoop

2
2.5 Noem TWEE interne beheermaatreëls wat die eienaar in plek kan stel om
die misbruik van die voertuig deur die drywer te verminder.
 Installeer ‘n opsoringsstelsel
 Verduidelik die gedragskode aan die werknemers en die procedure indien die
voertuig misbruik word. 
 Bestuurder moet 'n rekord.verslag van kilometers wat gery is.

EXERCISE 3 DATE:________________

State ONE reason why the asset register is a useful control tool for fixed
3.1.1
assets.

Any ONE valid reason: 

Possible responses:
 Verification of assets for balance sheet purposes
 Can physically compare/check asset items to the asset register
 Quick reference of asset item's history when selling it 2

Explain TWO reason why a business should calculate and deduct

3.1.2
depreciation in the financial records?

Any TWO valid reasons:   4

Possible responses:
 Assets lose value over time as they are used
 Depreciation is deducted so that a realistic value of assets is represented in
the financial statements
 To determine for what amount the asset can be resold
 Since the asset was bought to generate an income, the loss in value must be
accounted for in the financial statements against the income it generates.
 Any acceptable reason that indicates that the learner understands the
concept

3.1.3 Refer to Information A and B.

Calculate the figures indicated by (a) ‒ (d) on the Fixed Asset note.

262
3
 263

(a) 112 600  ‒ 2 100  = 110 500  one part correct

(b) Old: 110 500 x 10% = 11 050 

New: 2 100  x 10% x 8/12  = 140

11 190 

(see b)
(c) 44 600  + 11 190  = 55 790  one part correct

(see b)
3
(d) 112 600  ‒ 55 790  = 56 810  one part correct

3.1.4 Explain why the Accumulated depreciation on Vehicles still has no amount
at the end of the financial year.

The vehicle was received on the last day  of the financial year, so depreciation
cannot be calculated for one day. 

(Any explanation that indicates that the learner understands the concept.)
2

3.1.5 Refer to Information A. Explain ONE positive and ONE negative point
regarding the vehicle being a second-hand vehicle.

Positive point: 
The vehicle would have been in a working order before the transfer was done,
so they will know that it is dependable / The reliability has been proven / The
business did not have to use cash to buy the vehicle / Any acceptable answer.

Negative point: 
It is not a new vehicle / If the owner wants to take it back, then the business
4
would have no vehicle / Any acceptable answer.

OEFENING 3 DATUM:________________
3.1 VASTE BATES

263
 264

3.1.1 Verskaf EEN rede hoekom ‘n bateregister ‘n bruikbare beheerinstrument

vir vaste bates is.

Enige EEN geldige rede 

Moontlike antwoorde:
 Verifikasie van bates vir balansstaatdoeleindes
 Kan bates fisies vergelyk/kontroleer teen die bateregister
2
 Vinnige verwysing van bate-item se geskiedenis wanneer verkoop word

3.1.2 Verduidelik TWEE redes hoekom ‘n besigheid waardevermindering in hul

finansiële rekords moet bereken en aftrek.

Enige TWEE geldige redes:  

Moontlike antwoorde:
 Bates verloor hul waarde oortyd as dit gebruik word. 4
 Waardevermindering word afgetrek sodat ‘n realistiese waarde van die bate
in die finansiële state getoon word
 Om te bepaal vir watter bedrag dit verkoop kan word
 Aangesien die bate gekoop is om inkomste te genereer, gaan die verlies in
sy waarde ingereken moet word in die finansiële state teen die inkomste dit
genereer.
 Enige aanvaarbare rede wat aandui dat die kandidaat die konsep verstaan.

3.1.3 Verwys na Inligting A en B. Bereken die syfers aangedui deur (a) ‒ (d) op die
Vaste Bate nota.

(a) 112 600  ‒ 2 100  = 110 500  een deel korrek

(b) Oud: 110 500 x 10% = 11 050 

Nuut: 2 100  x 10% x 8/12  = 140

11 190 

(sien b)
(c) 44 600  + 11 190  = 55 790  een deel korrek

264
 265

(sien b)
3
(d) 112 600  ‒ 55 790  = 56 810  een deel korrek

3.1.4 Verduidelik hoekom die Opgehoopte waardevermindering op Voertuie

steeds geen bedrag aan die einde van die jaar het nie.

Die voertuig is op die laaste dag  van die finansiële jaar ontvang, so
waardevermindering kan nie vir een dag  uitgewerk word nie.

(Enige verduideliking wat aandui dat die kandidaat die konsep verstaan)
2

3.1.5 Verwys na INLIGTING A. Verduidelik EEN positiewe en EEN negatiewe

punt rakende die tweedehandse voertuig.

Positiewe punt: 
Die voertuig sou in ‘n werkende toestand gewees het voor die oordrag gedoen
is, so hulle weet dis betroubaar / die betroubaarheid is bewys / die besigheid
hoef nie kontant te gebruik om die voertuig te koop nie / enige aanvaarbare
antwoord

Negatiewe punt:  4
Dit is nie ‘n nuwe voertuig nie / indien die eienaar dit wil terugneem, het die
besigheid nie meer ‘n voertuig nie / enige aanvaarbare antwoord

EXERCISE 4 DATE:________________
4.1 FIXED ASSETS

265
 266

4.1.1 What is the carrying value of equipment that will be recorded in the
Balance sheet on 28 February 2018?

35 000  ‒ 7 750  = 27 250 

4.1.2 Calculate the depreciation on Vehicles for the year ended 28 February
2018.
187 500
Old: (250 000 ‒ 62 500 )  x 25% x 12/12 = 46 875 
New: (100 000 ‒ 0 )  x 25% x 9/12  = 18 750
65 625 

4.1.3 Why does Land and Buildings usually not decrease in value? Explain
your point.

The value or property usually increases .

This is due to a shortage in the supply or availability of property  (Any
correct/applicable answer) (Part marks for an unclear/incomplete answer)

4.1.4 When will property decrease in value? Name TWO instances.

Any correct/applicable answer) (Part marks for an unclear/incomplete answer)

 

e.g:
when the property is unsafe / area around building is neglected / when the building
itself has been neglected / etc.

4.1.5 Name TWO measures the business can implement to ensure that the
business’ vehicles are not used by the drivers for personal use.

Any correct/applicable answer) (Part marks for an unclear/incomplete answer)

 

e.g:
install a tracking device in the vehicle / calculate approximate arrival times (fine
them when they are late) / all vehicles must be back in the garage every evening /
etc.

OEFENING 4 DATUM:________________

266
 267

4.1 VASTE BATES

4.1.1 Wat is die drawaarde van toerusting wat in die Balansstaat op 28

Februarie 2018 aangeteken sal word?

35 000  ‒ 7 750  = 27 250 

4.1.2 Bereken die waardevermindering op Voertuie vir die jaar geëindig 28 3

Februarie 2018.
187 500
Old: (250 000 ‒ 62 500 )  x 25% x 12/12 = 46 875 
New: (100 000 ‒ 0 )  x 25% x 9/12  = 18 750
65 625 
6
4.1.3 Hoekom verminder Grond en Geboue se waarde nie? Verduidelik jou
punt.

Die waarde van eiendom verhoog gewoonlik .

Dit is as gevolg van die tekort in die voorsiening en beskikbaarheid
van eiendom  (Enige korrekte/toepaslike antoord) (Deelpunte vir ‘n
onvolledige/onduidelike antwoord)

4.1.4 Wanneer sal eiendom se waarde verminder? Noem TWEE gevalle.

Enige korrete/toepaslike antwoord) (Deelpunte vir ‘n onvolledige/onduidelike

antwoord)
 

Bv.:
Wanneer die eiendom onveilig is / die area om die geboue is verwaarloos /
ens.
4
4.1.5 Noem TWEE maatreëls wat ‘n besigheid kan implementeer om te
verseker dat die besigheidsvoertuie nie deur die drywers vir
persoonlike sake gebruik word nie.

Enige korrete/toepaslike antwoord) (Deelpunte vir ‘n onvolledige/onduidelike

antwoord)

 

Bv.
Installeer ‘n opsporingstoestel in die voertuig / bereken arriveertye (beboet
hulle as hulle laat is) / alle voertuie moet in die motorhuis wees elke aand /
ens.
4

267
 268

K.
TERM 2 PROJECTS

MARKING GUIDELINE

GRADE 10

ACCOUNTING

PROJECT

2022

TERM 2

268
 269

CASH RECEIPTS JOURNAL OF TIK TOK TRADERS FOR JULY 2021 CRJ7
Doc. no. D Details Fol Analysis Bank Sales Cost of Debtors control Sundry accounts
of sales Receipts Discount
receipts Amount Fol Details
allowed
CRT 1 T. Tokkie 100 000 100 000 Capital
R18 2 Cash sales 52 500 52 500 52 500 30 000
R19 5 S. Mdluli 5 000 5 000
CRT 12 Cash sales 63 000 63 000 63 000 36 000
EFT 13 O. Albi 3 600 3 600 200
B/S 18 T. Tlamo 2 500 2 500 250
EFT 20 O. Albi 9 200 9 200 400
235 800 115 500 66 000 20 300 850 100 000

CASH PAYMENTS JOURNAL OF TIK TOK TRADERS FOR JULY 2021 CPJ7
Creditors control Sundry accounts
Doc. Trading
D Details Fol Bank Stationery Discount
no. stock Payments Amount Fol Details
received
EFT 5 Municipality 12 000 12 000 Water & electricity
EFT 10 TIMA Co. 1 200 1 200 Cell phone
EFT 12 Maja Stores 22 450 22 450 2 150
EFT 15 Bush Stores 68 000 66 000 2 000
B/S 20 Tansam Insurers 6 000 4 000 Insurance
2 000 Drawings
B/S 25 Tanda Bank 530 245 Bank charges
285 Interest on O/D
DC 26 Cash 41 000 41 000 Creditors for salary
EFT 28 Nanabolela 8 100 8 100 Rent expense
EFT Fourie Traders 8 740 8 740 460
EFT 29 Pam Bank 4 640 4 400 Loan
240 Interest on loan
172 660 66 000 2 000 31 190 2 610 73 470 /17

269
 270

CREDITORS JOURNAL OF TIK TOK TRADERS FOR JULY 2021 CJ7

Doc. Creditors Trading Sundry accounts
D Creditors Fol Stationery
no. control stock Amount Fol Details
In 10 5 Maja Stores 24 000 10 000 14 000 Equipment
In 29 10 Fourie Traders 3 300 1 500 1 800 Repairs
In 33 18 Fourie Traders 40 000 40 000
In 88 22 Maja Stores 28 560 28 000 560

95 860 78 000 2 060 15 800 /5

CREDITORS ALLOWANCES JOURNAL OF TIK TOK TRADERS FOR JULY 2021 CAJ7
Creditors Trading Sundry accounts
D/N no. Day Creditors Fol Stationery
control stock Amount Fol Details
D/N 36 7 Maja Stores 1 400 1 400
D/N 37 23 Maja Stores 2 856 2 800 56
4 256 2 800 56 1 400 /4

GENERAL JOURNAL OF TIK TOK TRADERS FOR JULY 2021 GJ7

Debtors Control Creditors Control
Debit Credit Debit Credit
30 Bad debts 16 350
T. Tlamo 16 350 16 350
Write off the account
/3

270
 271
DEBTORS JOURNAL OF TIK TOK TRADERS FOR JULY 2021 DJ7
Inv. No. D Debtor Fol Sales Cost of sales
220 2 O. Albi 8 750 5 000
221 21 T. Tlamo 15 400 8 800
/4 24 150 13 800

DEBTORS ALLOWANCES JOURNAL OF TIK TOK TRADERS FOR

JULY 2021 DAJ7
Debtors
C/N No. D Debtor Fol Cost of sales
allowances
45 24 T. Tlamo 1 400 800
46 27 O. Albi 1 750 0
/4 3 150 800

TIK TOK TRADERS

BALANCE SHEET ACCOUNT SECTION
BANK
2021 CRJ 235 800 2021 1 Balance b/d 18 450
July 31 Sundry accounts 3  July 
CPJ 172 660
31 Sundry accounts 3 
Balance 44 690
235 800 235 800
Aug 1 Balance b/d 44 690

DEBTORS CONTROL
2021 1 Balance b/d 54 700 2021 31 Bank CRJ8 20 300
July July
31 Sales DJ3 24 150 Discount allowed CRJ8 850
Bank (R/D) CJ2 5 000 Debtors’ DAJ1 3 150
allowances
Sundry accounts GJ1 16 350
Balance c/d 38 200
78 850 78 850
Aug 1 Balance b/d 38 200

10

271
 272

CREDITORS CONTROL B
2021 2021
July 31 Bank CPJ2 31 190 July 1 Balance b/d 17 350
Discount received CPJ2 2 610 31 Sundry accounts CJ4 95 860
Sundry accounts 4 256
Balance c/d 75 154
113 210 113 210
Aug 1 Balance b/d 75 154

8
NOMINAL ACCOUNT SECTION
SALES N
2021
July 1 Total b/d 96 000
CRJ
31 Bank 2 115 500
DJ
Debtors Control 7 24 150
235 650

4
DEBTORS LEDGER OF TIK TOK TRADERS
O. Albi DL2
Date Details Fol Debit Credit Balance
2021
July 1 Balance b/d 9 600
2 Invoice 220 DJ3 8 750 18 350
13 EFT deposit CRJ8 3 600 14 750
Discount allowed CRJ8 200 14 550
20 EFT deposit CRJ8 9 200 5 350
Discount allowed CRJ8 400 4 950
27 Credit note 46 DAJ1 1 750 3 200

272
 273
T. Tlamo DL2
Date Details Fol Debit Credit Balance
2021
July 1 Balance b/d 5 100
18 EFT deposit CRJ8 2 500 2 600
Discount allowed CRJ8 250 2 350
21 Invoice 222 DJ3 15 400 17 750
24 Credit note 45 DAJ1 1 400 16 350
30 Bad debts GJ1 16 350 0

273
 274

CREDITORS LEDGER OF TIK TOK TRADERS

MAJA STORES CL1
Date Details Fol Debit Credit Balance
2021
July 1 Balance b/d 8 150
5 Invoice 10 CJ4 24 000 32 150
7 Debit note 36 CAJ1 1 400 30 750
12 EFT payment CPJ2 22 450 8 300
Discount received CPJ2 2 150 6 150
22 Invoice 88 CJ4 28 560 34 710
23 Debit note 37 CAJ1 2 856 31 854

1.2 GAAP PRINCIPLES

1.1.1 Business entity 

1.1.2 Historical cost 
1.1.3 Matching 
1.1.4 Going concern 
5
1.1.5 Materiality 

274
 275

1.3.1 The credit side of the Debtors column in the General Journal includes
debtors who are written off as irrecoverable (bad debts). Mention 3
control measures which can be implemented to avoid/reduce bad debts

Any THREE measures   

part marks for incomplete / partial / unclear responses

Offer discount for prompt payment

Send regular reminders
Charge interest on overdue accounts
6
Explain how the accuracy of the Debtors control balances can be
verified.
The Debtors Control balance must equal the total of the Debtors List

TOTAL MARKS

100

275
 276

NASIENRIGLYN

GRAAD 10

REKENINGKUNDE

PROJEK

2022

KWARTAAL 2

276
 277

KONTANTONTVANGSTEJOERNAAL VAN TIK TOK HANDELAARS VIR JULIE 2021 KOJ7

Dok. no. D Besonderhede Fol Ontleding Bank Verkope Koste van Debieteurekontrole Diverse rekeninge
van verkope Ontvangste Korting
ontvangste Bedrag Fol Besonderhede
toegestaan
KRR 1 T. Tokkie 100 000 100 000 Kapitaal
K18 2 Verkope 52 500 52 500 52 500 30 000
K19 5 S. Mdluli 5 000 5 000
KRR 12 Verkope 63 000 63 000 63 000 36 000
EFO 13 O. Albi 3 600 3 600 200
B/S 18 T. Tlamo 2 500 2 500 250
EFO 20 O. Albi 9 200 9 200 400
235 800 115 500 66 000 20 300 850 100 000

KONTANTBETALINGSJOERNAAL VAN TIK TOK HANDELAARS VIR JULIE 2021 KBJ7

Dok. D Besonderhede Krediteurekontrole Diverse rekeninge
no. Handels- Skryfbe-
Fol Bank Korting
voorraad hoeftes Betalings Bedrag Fol Besonderhede
ontvang
EFO 5 Munisipaliteit 12 000 12 000 Water & elektrisiteit
EFO 10 TIMA Co. 1 200 1 200 Selfoon
EFO 12 Maja Winkels 22 450 22 450 2 150
EFO 15 Bush Winkels 68 000 66 000 2 000
B/S 20 Tansam Versek. 6 000 4 000 Versekering
2 000 Onttrekkings
B/S 25 Tanda Bank 530 245 Bankkoste
285 Rente op oor
DK 26 Kontant 41 000 41 000 Kred. vir salarisse
EFO 28 Nanabolela 8 100 8 100 Huuruitgawe 
EFO Fourie Handelaars 8 740 8 740 460
EFO 29 Pam Bank 4 640 4 400 Lening 
240 Rente op lening
172 660 66 000 2 000 31 190 2 610 73 470 /17

277
 278

KREDITEUREJOERNAAL VAN TIK TOK HANDELAARS VIR JULIE 2021 KJ7

Dok. D Besonderhede Krediteure Handels- Skryfbe- Diverse rekeninge
Fol
no. kontrole voorraad hoeftes Bedrag Fol Besonderhede
F 10 5 Maja Winkels 24 000 10 000 14 000 Toerusting
F 29 10 Fourie Handelaars 3 300 1 500 1 800 Herstelwerk
F 33 18 Fourie Handelaars 40 000 40 000
F 88 22 Maja Winkels 28 560 28 000 560

95 860 78 000 2 060 15 800 /5

KREDITEUREAFSLAGJOERNAAL VAN TIK TOK HANDELAARS VIR JULIE 2021 KAJ7

Dok. D Besonderhede Krediteure Handels- Skryfbe- Diverse rekeninge
Fol
no. kontrole voorraad hoeftes Bedrag Fol Besonderhede
D/N 36 7 Maja Winkels 1 400 1 400
D/N 37 23 Maja Winkels 2 856 2 800 56
4 256 2 800 56 1 400 /4

ALGEMENE JOERNAAL VAN TIK TOK HANDELAARS VIR JULIE 2021 AJ7
Debiteurekontrole Krediteurekontrole
Debiet Krediet Debiet Krediet
30 Oninbare skuld 16 350
T. Tlamo 16 350 16 350
Skryf rekening af
/3

278
 279
DEBITEUREJOERNAAL VAN TIK TOK HANDELAARS VIR JULIE 2021 DJ7
Fakt nr D Debiteur Fol Verkope Koste van
verkope
220 2 O. Albi 8 750 5 000
221 21 T. Tlamo 15 400 8 800
/4 24 150 13 800

DEBITEUREAFSLAGJOERNAAL VAN TIK TOK HANDELAARS VIR JULIE 2021

DAJ7
Debiteureafslag Koste van
K/N Nr. D Debiteur Fol
verkope
45 24 T. Tlamo 1 400 800
46 27 O. Albi 1 750 0
/4 3 150 800

TIK TOK HANDELAARS

BALANSSTAAT REKENINGE AFDELING
BANK
2021 KOJ 235 800 2021 1 Saldo a/b 18 450
Julie 31 Diverse rekeninge 3  Julie 
KBJ 172 660
31 Diverse rekeninge 3 
Saldo o/d 44 690
235 800 235 800
Aug 1 Saldo a/b 44 690

DEBITEUREKONTROLE
2021 1 Saldo a/b 54 700 2021 31 Bank KOJ8 20 300
Julie Julie
31 Verkope DJ3 24 150 Korting KOJ8 850
toegestaan
Bank (R/D) KJ2 5 000 Debiteureafslag DAJ1 3 150
Diverse rekeninge J1 16 350
Saldo o/d 38 200
78 850 78 850
Aug 1 Saldo a/b 38 200

10
 280

KREDITEUREKONTROLE B
2021 2021
Julie 31 Bank KBJ2 31 190 Julie 1 Saldo a/b 17 350
Korting ontvang  KBJ2 2 610 31 Diverse rekeninge KJ4 95 860
Diverse rekeninge 4 256
Saldo o/d 75 154
113 210 113 210
Aug 1 Saldo a/b 75 154

8
NOMINALE REKENINGE AFDELING
VERKOPE N
2021
Julie 1 Totaal a/b 96 000
KOJ
31 Bank 2 115 500
DJ
Debiteurekontrole 7 24 150
235 650

4
DEBITEUREGROOTBOEK VAN TIK TOK HANDELAARS
O. Albi DG2
Datum Besonderhede Fol Debiet Krediet Saldo
2021
Julie 1 Saldo a/b 9 600
2 Faktuur 220 DJ3 8 750 18 350
13 EFO deposito KOJ8 3 600 14 750
Korting toegestaan KOJ8 200 14 550
20 EFO deposito KOJ8 9 200 5 350
Korting toegestaan KOJ8 400 4 950
27 Krediet nota 46 DAJ1 1 750 3 200

8
 281
T. Tlamo DG3
Datum Besonderhede Fol Debiet Krediet Saldo
2021
Julie 1 Saldo a/b 5 100
18 EFO deposito KOJ8 2 500 2 600
Korting toegestaan KOJ8 250 2 350
21 Faktuur 222 DJ3 15 400 17 750
24 Krediet nota 45 DAJ1 1 400 16 350
30 Oninbare skuld AJ1 16 350 0

8
 282

KREDIETORS LEDGER OF TIK TOK HANDELAARS

MAJA WINKELS KG1
Datum Besonderhede Fol Debiet Krediet Saldo
2021
Julie 1 Saldo a/b 8 150
5 Faktuur 10 KJ4 24 000 32 150
7 Debiet nota 36 KAJ1 1 400 30 750
12 EFO betaling KBJ2 22 450 8 300
Korting ontvang KBJ2 2 150 6 150
22 Faktuur 88 KJ4 28 560 34 710
23 Debiet nota 37 KAJ1 2 856 31 854

1.2 AARP BEGINSELS

1.1.1 Besigheidsentiteit 
1.1.2 Historiese koste 
1.1.3 Paringsbeginsel 
1.1.4 Lopende saak beginsel 
1.1.5 Wesenlikheid  5

282
 283

1.3.1 Die kredietkant van die Debiteure-kolom in die Algemene Joernaal sluit
debiteure in wat as oninbaar afgeskryf word. Noem 3 beheermaatreëls
wat geïmplementeer kan word om oninbare skuld te vermy / te
verminder

Enige DRIE maatreëls   

Deelpunte vir onvolledige / gedeeltelike / onduidelike antwoorde

Bied afslag vir vinnige/stiptelike betaling

Stuur gereelde herinneringe
Hef rente op agterstallige rekeninge
6
Verduidelik hoe die akkuraatheid van die Debiteurekontrole saldo's
geverifieer kan word.

Die Debiteurekontrole saldo moet gelyk wees aan die totoaal van die
Debiteurelys. 

TOTALE PUNTE

100

283
 284

GRADE 10
ACCOUNTING
MARKING GUIDELINES
TASK 3 – PROJECT
2023

TOTAL: 100

TIME: 2 HOURS

284
 285

SECTION A

ACCOUNTING EQUATION

Owner’s
No. Debit Credit Assets Liabilities
equity

Eg. Bank Rent income + 3 000 +3 000 0

Petty cash Bank ± 850 0 0

1.


Trading stock Bank ± 10 000 0 0

2.


Bank Sales + 6 000 +6 000 0

3.
 
Cost of sales Trading stock -4 000 - 4 000 0
 

Stationery Creditors control 0 -930 +930

4.
 

Creditors control Stationery 0 + 30 - 30

5.
 

Telephone Bank -950 -950 0

6.
 

TOTAL MARKS

20

285
 286

SECTION B

GENERAL LEDGER
Dr DEBTORS CONTROL B1
Cr

2023 49 580 2023 22 250

Apr 1 Balance b/d  Apr 30 Bank CRJ *
45 000 2 130
30 Sales DJ  Discount allowed CRJ *
159 Debtors allow- 2 250
Petty Cash PCJ  ances DAJ 
489 318
Journal debits GJ  Journal credits GJ 
68 280
Balance c/d 
95 228 95 228
 
68 280
May 1 Balance b/d  *Combined 24 380 – 2 marks

TRADING STOCK B3

2023 57 700 2023 30 000

Apr 1 Balance b/d  Apr 30 Cost of sales DJ 
33 213 21 000
30 Creditors Control CJ  Cost of sales CRJ 
33 384 2 450
Bank CPJ  Creditors Control CAJ 
6 000
Cost of sales DAJ  Balance c/d 76 717
130 297 130 297
 
76 717
May 1 Balance b/d 

286
 287

CREDITORS CONTROL B2

2023 33 200 2023 55 500

Apr 30 Bank CPJ * Apr 1 Balance b/d 
1 600 126 900
Discount received CPJ * 30 Total purchases CJ 
12 850
Total returns CAJ  Journal credits GJ 2 916

Journal debits GJ 765

136 901
Balance c/d 
185 316 185 316
 
136 901
* Combined 44 800 - 2 marks May 1 Balance b/d 

1.2.1 State TWO disadvantages for the business for allowing

debtors to buy on credit.
Any TWO possible reasons

 Some debtors may not pay you back, i.e. bad debts 
 Extra administration work involved in keeping track of debtors
and sending of invoices.
 Could result in Cash flow problems if debtors not paying on
time.
2

1.2.2 Explain:
the difference between credit sales and credit card sales.
Credit sales:

287
 288

The customer takes the goods and pays within the credit terms
granted.

Journal: Debtors Journal 

Credit card sale:

The bank immediately transfers the money into the bank account
of the business.

Journal: Cash Receipt Journal.

Process when the debtor pay off his account:

The debtors will pay the account cash/EFT  and it is recorded in

the CRJ. 
6

1.2.3 Name the source document that would be used to record

goods sold on credit to a debtor. Also state whether the
original or duplicate source document would be used.

Source Document: Invoice 

Duplicate or Original: Duplicate  2

1.2.4 Name the source document that would be used to record

goods bought on credit from the wholesaler. Also state
whether the original or duplicate source document would be
used.

Source Document: Invoice 

Duplicate or Original: Original  2

1.2.5 Explain the difference between a Trade Discount granted to

a debtor and a Cash Discount granted to a debtors and how
each of these methods will be recorded in the books of the
retailer selling to the customer.

288
 289

Trade Discount:

This is a discount granted at the point of sale.  The transaction

does not have an entry in the books and the invoice is made
out at the amount less the discount.

Discount Allowed:

This discount is granted to debtors when they pay their accounts

within a stipulated time. The invoice was originally made out at
the full selling price.  Once the debtor pays the retailer within 6
the stipulated time the retailer grants the discount by recording it
in the Discount Allowed column in the CRJ. 

1.2.6 Explain the term division of duties and explain THREE ways
as to how a business can use division of duties to maintain
good internal control with regard to their debtors.

Explanation of the term “Division of Duties”:

289
 290

Dividing certain administrative duties between various employees

to ensure that no one has total control of all aspects of the
accounting system. This system ensures that one person can
serve as a check on another person. 

Three ways:

1. Different bookkeepers post to Debtors ledger and General

ledger (Control accounts).
2. At the end of each month, check that the total of the Debtors
List is the same as the balance of the Debtors Control
account.
3. The person receiving payments from debtors does not make
entries in journals or deposit money at the bank. 
6

TOTAL MARKS

60

290
 291

SECTION C

1.1.1 DEBTORS LEDGER OF MOLOI TRADERS

P. RICARDO (DL1)
Date Day Details Fol Debit Credit Balance

2023 1 Balance b/d 12 950

Mar
3 Invoice 111 DJ 3 800 16 750

5 Credit Note 52  DAJ 1 400 15 350

11 (- 2 for foreign entry)

15 Invoice 157 DJ 6 500 21 850

21 Receipt 722 CRJ 12 173 9 677

21 Discount allowed CRJ 777 8 900

26 Receipt 723 CRJ If 10% of 890 8 010

above

26 Bad debts GJ Figure on 8 010

top
0

14
1.1.2 Explain the following
(a) Credit limit

The maximum amount that a debtor will be allowed to buy on

credit at any given time. 
This amount is determined by the supplier of goods and
depends on the risk profile of the customer. 2
(b) Credit terms

The maximum amount of time a debtor is given to settle an

invoice.
This could be 30 / 60 / 90 days and is determined by the 2
supplier of goods. 

291
 292

(c) Screening of debtors

The looking into the credit history of a potential customer credit

in order to determine whether the potential customer is a credit
risk or not. 
2

TOTAL MARKS

20

292
 293

GRAAD 10
REKENINGKUNDE
NASIENRIGLYNE
TAAK 3 – PROJEK
2023

TOTAAL: 100

TYD: 2 URE

293
 294

AFDELING A

REKENINGKUNDIGE VERGELYKING

Eienaarsb
Nr. Debiet Krediet Bates Laste
elang

Bv. Bank Huurinkomste + 3 000 +3 000 0

Kleinkas Bank ± 850 0 0

1.


Handelsvoorraad Bank ± 10 000 0 0

2.


Bank Verkope + 6 000 +6 000 0

3.
 
Koste van verkope Handelsvoorraad -4 000 - 4 000 0
 

Skryfbehoeftes Krediteurekontrole 0 -930 +930

4.
 

Krediteurekontrole Skryfbehoeftes 0 + 30 - 30
5.
 

Telefoon Bank -950 -950 0

6.
 

TOTALE PUNTE

20

294
 295

AFDELING B

ALGEMENE GROOTBOEK
Dt DEBITEUREKONTROLE B1 Kt

2023 1 Saldo a/b 49 580 2023 Bank KOJ 22 250

Apr  Apr 30 *
30 Verkope DJ 45 000 Korting toegestaan KOJ 2 130
 *
Kleinkas KKJ 159 Debiteurafslag DAJ 2 250
 
Joernaal debiete AJ 489 Joernaal krediete AJ 318
 
Saldo a/d 68 280

95 228 95 228
 
Mei 1 Saldo a/b 68 280 Gekombineer
 *24 380 - 2 punte

12

HANDELSVOORRAAD B3

2022 1 Saldo a/b 57 700 2022 30 Koste van verkope DJ 30 000

Apr  Apr 
30 Krediteurekontrole KJ 33 213 Koste van verkope KOJ 21 000
 
Bank KBJ 33 384 Krediteurekontrole KAJ 2 450
 
Koste van verkope DAJ 6 000 Saldo a/d 76 847
 
130 297 130 297
 
2022 1 Saldo a/b 76 847
Mei 

12

295
 296

KREDITEUREKONTROLE B2

2022 30 Bank KBJ 33 200 2022 1 Saldo a/b 55 500

Apr * Apr 
Korting ontvang KBJ 1 600 30 Totale aankope KJ 126 900
* 
Totale KAJ 12 850 Joernaal krediete AJ 2 916
terugsendings  
Joernaal debiete AJ 765

Saldo a/d 136 901

185 316 185 316
 
Gekombineerde Mei 1 Saldo a/b 136 901
*44 800 - 2 punte 

12

1.2.1 Noem TWEE nadele vir die onderneming om debiteure toe te laat
om op krediet te koop.
Enige TWEE moontlike redes

 Sommige debiteure betaal jou dalk nie terug nie – oninbare skulde
 Ekstra administratiewe werk – kontrole oor debiteure en die uitstuur
van fakture.
 Kan kontantvloeiprobleme tot gevolg hê as debiteure nie betyds
betaal nie.

296
 297

1.2.2 Verduidelik:
Die verskil tussen kredietverkope en kredietkaartverkope.
Kredietverkope:

Die kliënt neem die goedere en betaal binne die kredietvoorwaardes

wat toegestaan is.

Joernaal: Debiteurejoernaal

Kredietkaartverkope:

Die bank dra die geld onmiddellik in die bankrekening van die
onderneming oor.

Joernaal: Kontantontvangstejoernaal.

Proses wanneer die debiteur sy rekening afbetaal:

Die debiteure sal die rekening kontant/EFO betaalen dit word

geboekstaaf in die KOJ. 6

297
 298

1.2.3 Noem die brondokument wat gebruik sal word om goedere aan te
teken, wat op krediet verkoop word aan 'n debiteur. Dui ook aan
of die oorspronklike of duplikaat brondokument gebruik sal word
om die transaksie te boekstaaf in die joernaal van die besigheid.

Brondokument: Faktuur

Duplikaat of oorspronklike: Duplikaat  2

1.2.4 Noem die brondokument wat gebruik sal word om goedere wat op
krediet van die groothandelaar gekoop is, aan te teken. Dui ook
aan of die oorspronklike of duplikaat brondokument gebruik sal
word om die transaksie te boekstaaf in die joernaal van die
besigheid..

Brondokument: Faktuur

Duplikaat of oorspronklike: Oorspronklik 2

1.2.5 Verduidelik die verskil tussen handelskorting en korting

toegestaan, wat aan 'n debiteur toegestaan word en hoe elk van
hierdie metodes in die boeke van die kleinhandelaar aangeteken
sal word.

Handelskorting:

Dit is 'n korting wat by die verkooppunt toegestaan word.Die

transaksie word in die DJ geboekstaafen die faktuur word uitgemaak
teen die bedrag minus die korting.

Kontantkorting:

Hierdie korting word aan debiteure toegestaan wanneer hulle hul

rekeninge binne 'n vasgestelde tyd betaal.Die faktuur is oorspronklik
uitgemaak teen die volle verkoopprys.Sodra die debiteur die
kleinhandelaar binne die vasgestelde tyd betaal, verleen die
kleinhandelaar die korting deur dit aan te teken in die korting
toegestaan kolom in die KOJ.
6

298
 299

1.2.6 Verduidelik die term verdeling van pligte en verduidelik DRIE

maniere hoe 'n besigheid verdeling van pligte kan gebruik om
goeie interne kontrole met betrekking tot hul debiteure te
handhaaf.

Verduideliking die term "Verdeling van Pligte":

Die verdeling van sekere administratiewe pligte tussen verskeie

werknemers om te verseker dat niemand totale beheer oor alle
aspekte van die rekeningkundige stelsel het nie. Hierdie stelsel
verseker dat een persoon nasien op 'n ander persoon se werk.

Drie maniere:
1. Verskillende boekhouers boek oor na die Debiteuregrootboek en
Algemene grootboek (Kontrolerekeninge). 
2. Kontroleer aan die einde van elke maand dat die totaal van die
Debiteurelys dieselfde is as die saldo van die Debiteurekontrole-
rekening. 
3. Die persoon wat betalings van debiteure ontvang, mag nie
inskrywings in joernale of geld by die bank deponeer.

TOTALE PUNTE

60

299
 300

AFDELING C
1.1.1 DEBITEURE-GROOTBOEK VAN MOLOI-HANDELAARS
P. RICARDO (DG 1)
Datum Dag Besonderhede Fol Debiet Krediet Saldo

2023
1
Mrt Saldo a/b 12 950
3
Faktuur 111 DJ 3 800 16 750
5 Kredietnota 52 DAJ 1 400 15 350
11
(- 2 vir vreemde item)
15
Faktuur 157 DJ 6 500 21 850
21
Kwitansie 722 KOJ 12 173 9 677
21
Korting toegestaan KOJ 777 8 900
As 10%
van
26
Kwitansie 723 KOJ hierbo 890 8 010
Joernaalbewys/
26
Oninbare skulde AJ Syfers bo 8 010 0

14

1.1.2 Verduidelik die volgende

(a) Krediet limiet

Die maksimum bedrag wat 'n debiteur op enige gegewe tydstip

toegelaat sal word om op krediet te koop.
Hierdie bedrag word deur die verskaffer van goedere bepaal en hang
af van die risikoprofiel van die kliënt. 2
(b) Kredietvoorwaardes

Die maksimum tyd wat 'n debiteur gegee word om 'n faktuur te
vereffen.
Dit kan 30 / 60 / 90 dae wees en word bepaal deur die verskaffer van
goedere.

300
 301

(c) Sifting van debiteure

Die ondersoek na die kredietgeskiedenis van 'n potensiële

kredietkliënt ten einde te bepaal of die potensiële kliënt 'n kredietrisiko
is of nie. 2

TOTALE PUNTE

20

301
 302

L.
JUNE EXAM PAPERS

ACCOUNTING

GRADE 10

JUNE 2018

1.1 Pas die AARP-beginsels wat in KOLOM A voorkom by die korrekte beskrywing
in KOLOM B. Skryf slegs die letter (A – F) langs die vraagnommer (1.1.1 – 1.1.5)
in die ANTWOORDEBOEK

KOLOM A KOLOM B
1.1.1 F 
1.1.2 C  Indien meer as een antwoord per
1.1.3 A  vraag, merk dit verkeerd.

1.1.4 D 
1.1.5 B  5

1.2 Dui die onderstaande aansuiwerings se invloed op die rekeningkundige

vergelyking. Let wel: Aansuiwering A is reeds voltooi.
27

No Rekening Rekening Rekeningkundige vergelyking

gedebiteer gekrediteer Bates Eienaars- Laste
belang
A Donasies Skryfbehoeftes - 1 650 -1 650 0

B Bank Verkope +660 +660 0

302
 303

Koste van Handels- - 440 -440 0

verkope voorraad
C Handels- Krediteure- +3 740 0 +3 740
voorraad kontrole
D Bank Debiteure- ±960 0 0
kontrole
Korting Debiteure- -140 -140 0
toegestaan Kontrole
E Bank Debiteure- ± 300 0 0
kontrole
Oninbare Debiteure -200 -200 0
skuld kontrole

303
 304

1.3.1 Waarvoor staan die afkorting BTW?

Belasting op toegevoegde waarde

1

1.3.2 Wat is die BTW-koers in Suid-Afrika?

15%
2

1.3.3 Waarvoor staan die afkorting “SAID”?

Suid-Afrikaanse Inkomstediens 
1

1.3.4 Verduidelik die verskil tussen vrygestelde- en Zerokoers-items

Aanvaar enige redelike antwoord

Vrygestelde items is items waar geen BTW op gehef word nie

Zerokoers-items is items waar BTW teen 0% gehef word. 

4

TOTALE PUNTE

40

304
 305

VRAAG 2

ALGEMENE GROOTBOEK VAN TELLO HANDELAARS

BALANSSTAATREKENING-AFDELING
BANK
Diverse
2018 13 550 2018 rekeninge 102 300
1 Saldo a/b 31 KBJ
Mei  Mei Totale 
betalings
Diverse 99 999
rekeninge  11 249
KOJ Saldo o/d
Totale 
ontvangste 7
113 549 113 549
 
2018 1 Saldo a/d 11 249
Jun 

DEBITEUREKONTROLE
2018 1 21 678 2018 31 22 222
Mei Saldo a/d Mei *Bank KOJ
 
31 Bank 2 450 *Korting 3 333
KBJ KOJ
 toegestaan 
Verkope 24 600 Debiteure- 6 600
DJ DAJ
 afslag 
Diverse rekeninge/ 1 234 Diverse 246
Joernaaldebiete AJ rekeninge/ AJ
 
Joernaal krediete
17 561
Saldo o/d
 12
49 962 49 962
 
2018 17 561 * Bank en korting
Jun 1 Saldo a/d
 toegestaan 25 555
2 punte

305
 306

KOSTE VAN VERKOPE

2018 49 987 2018 Handels- 4 400
Mei 1 Totaal a/d Mei 1 DJ
 voorraad 
Handels- 41 482 103 469
voorraad
KOJ 31 Totaal o/d
 
Handels- 16 400
DJ
voorraad 
107 869 107 869
9
 
2018 103 469
Jun 1 Totaal a/d


306
 307

2.2.1 Watter dokument onderskryf die inskrywing van R34 500 aan die
kredietkant?
2
Faktuur 

2.2.2 Gee EEN moontlike verklaring vir die kredietinskrywing van R500.
Enige ander redelike verduideliking: Deelpunt vir onduidelike/onvolledige verduideliking

Rente gehef deur krediteur op oortrokke rekening 

Oorplasing van ‘n debiteur met ‘n kredietsaldo.
2
Fout herstel

2.2.3 ABC Handelaar word deur krediteure met rente op oortrokke

rekeninge belas. Hoe kan dit in die toekoms vermy word? Gee TWEE
voorstelle.
Enige ander redelike verduideliking: Deelpunt vir onduidelike/onvolledige verduideliking

Stiptelike betaling van rekenings 

4
Onderhandel vir ‘n langer betalingsperiode (bv. 90 dae) 

2.2.4 Die saldo van die Krediteurelys en die Krediteurekontrole stem nie
ooreen nie. Wat moet die boekhouer doen om dit te laat
ooreenstem? Gee TWEE voorstelle.
Enige ander redelike verduideliking: Deelpunt vir onduidelike/onvolledige verduideliking

Kontroleer die joernaal inskrywings teenoor die brondokumente  

Kontroleer die totale van die joernale (optel)
Kontroleer die oorboeking van die joernale na die algemene grootboek/
4
krediteuregrootboek

2.2.5 ABC Meubelhandelaars is ontevrede met die gehalte van die

meubels deur die verskaffers verskaf. Gee ‘n verduideliking met ‘n
bedrag ter ondersteuning van jou antwoord.
Enige ander redelike verduideliking: Deelpunt vir onduidelike/onvolledige verduideliking

Terugsendings na die verskaffers 

4
6 900 / 34 500 =20% van kredietaankope 

307
 308

2.3.1 Verduidelik die probleem met die kontantdeposito’s. Verskaf bewyse

as ondersteuning. Gee en verduidelik TWEE aanbevelings om dit in
die toekoms te voorkom..
Geldige verduideliking  Bewyse 

Verwagte antwoorde:

Deposito’s word nie stiptelik gedoen nie / Laat deposito’s (veroorsaak

kontantvloei probleme) OF Oorrol van kontantgeld / aanduiding van diefstal

Bewyse: Datums of syfers

 Deposito van R23 000 op / 12 Januarie / plus minus 15 days deponeer op 27

January 2018

Gee en verduidelik TWEE strategieê om dit in die toekoms te voorkom.

TWEE geldige redes   aanvaar kort verduidelikings; mag anders bewoord wees
 Verdeling van pligte: Die persoon wat die geld ontvang en kwitansies
uitskryf, moet verskil van die persoon wat die depositostrokie voltooi en ‘n
ander persoon moet die geld deponeer sodat die een as ‘n kontrole dien vir
die ander.
 Senior personeel moet daagliks die depositostrokies met die deposito’s op
die internet-bankdienste kontroleer.
 Vra die bank vir SMS’e vir alle transaksies.
 Maak gebruik van ‘n sekuriteitsfirma om die deposito’s op ‘n
daaglikse/gereelde basis te kom kollekteer.
6
 Moedig debiteure aan om gebruik te maak van direkte oorbetalings (EFO).

TOTALE PUNTE

50

308
 309

VRAAG 3

DEBITEUREGROOTBOEK VAN FRALIZE HANDELAARS

D. DAWIE DG1
Apr Debiet Krediet Saldo
2018 2 134
1 Saldo a/d

1 375
5 Faktuur 23 DJ 3 509

1 995
9 Kwitansie 555 KOJ 1 514

139
Korting toegestaan KOJ 1 375

790
12 Faktuur 88 DJ 2 165

415
16 Kredietnota 154 DAJ 1 750

950
20 Kwitansie 598 KOJ 800

950
23 Geweierde tjek KBJ 1 750

24 Rente GJ 25 1 775
1 775 0
30 Oninbare skuld  DAJ
 


TOTALE PUNTE

15

309
 310

VRAAG 4

4.1 Dui aan of die volgende stellings WAAR of ONWAAR is. Skryf slegs ‘waar’ of
‘onwaar’ langs die vraagnommer (4.1.1 – 4.1.4) in die ANTWOORDE-BOEK.

4.1.1 Onwaar 
4.1.2 Waar 
4.1.3 Waar 
4.1.4 Waar 

4.2.1 Dui aan wat met Ronnie se posbeskrywing verkeerd is.

Gebrek aan interne kontrole / Niemand kontroleer Ronnie se werk nie / Ronnie
het te veel verpligtinge. 2

4.2.2 Verskaf DRIE interne beheermaatreëls wat in Ronnie se posbeskrywing

aangespreek moet word.

Enige ander redelike verduideliking: Deelpunt vir onduidelike/onvolledige verduideliking

Verdeling van pligte  / Die persoon wat die geld ontvang, moet verskil van die
persoon wat die geld deponeer
‘n Senior persoon wat oor Ronnie toesig hou 
Effektiewe toepassing van interne beheer 6

310
 311

SALARISJOERNAAL VAN SERVAAS HANDELAARS VIR MEI 2018 SJ 5

Aftrekkings
Tjek
Werknemers Bruto salaris Totale Netto
LBS Mediesefonds Pensioen WVF No.
aftrekkings salaris
B. Bushien 14 800 3 404 530 1 036 148 5 118 9 682 22
P. Piet 9 700 1 940 225 680 97 2 942 6 758 23
24 500 8 060 16 440

Werkgewerbydrae
Totale
Werknemers Vaardigheid-
Mediese-
Pensioen WVF ontwikkeling bydrae
fonds
heffing
B. Bushien 1 060 1 480 148 148 2 836
P. Piet 450 970 97 97 1 614

33

TOTALE PUNTE

45

311
 312

VRAAG 5

ALGEMENE JOERNAAL – FEBRUARIE 2018

Debiet Krediet
Feb 28 Onttrekkings  1 670
Handelsvoorraad  (4) 1 670
Goedere gevat vir persoonlike gebruik
Handelsvoorraad tekort  300
Handelsvoorraad  (6) 300
Tekort volgens voorraadopname
Verbruiksgoedere voorhande  1 150
Skryfbehoeftes  (4) 1 150
Voorhande volgens voorraadopname
Telefoon  735
Opgelope uitgawes  (4) 735
Telefoon nog verskuldig
Opgelope inkomste  1 800
Kommissie inkomste  (4) 1 800
Nog nie ontvang nie
Vooruitbetaalde uitgawes  1 000
Versekering  (4) 1 000
Vooruitbetaal
Vooruitbetaalde uitgawes  1 200
Advertensies  (6) 1 200
Vooruitbetaal
Herstelwerk  1 590
Grond en Geboue  (4) 1 590
Fout herstel
Huur inkomste  4 575
Vooruitontvange inkomste  (6) 4 575
Ontvang vir 13 maande
Waardevermindering  38 200
Opgehoopte waardevermindering op voertuie  27 640
Opgehoopte waardevermindering op toerusting  (8) 10 560
Bereken waardevermindering

TOTALE PUNTE
50

312
 313

ACCOUNTING
JUNE 2019

GRADE 10

ACCOUNTING

JUNE 2019

MARKING GUIDELINES

MARKS: 200
MARKING PRINCIPLES:

1. Unless otherwise stated in the marking guideline, penalties for foreign items are applied only if the
candidate is not losing marks elsewhere in the question for that item (no penalty for misplaced item).
No double penalty applied.
2. Penalties for placement or poor presentation (e.g. details) are applied only if the candidate is earning
marks on the figures for that item.
3. Full marks for correct answer. If answer incorrect, mark the workings provided.
4. If a pre-adjustment figure is shown as a final figure, allocate the part-mark for the working for that
figure (not the method mark for the answer). Note: if figures are stipulated in memo for components of
workings, these do not carry the method mark for final answer as well.
5. Unless otherwise indicated, the positive or negative effect of any figure must be considered to award
the mark. If no + or – sign or bracket is provided, assume that the figure is positive.
6. Where indicated, part-marks may be awarded to differentiate between differing qualities of answers
from candidates.
7. This memorandum is not for public distribution, as certain items might imply incorrect treatment. The
adjustments made are due to nuances in certain questions.
8. Where penalties are applied, the marks for that section of the question cannot be a final negative.
9. Where method marks are awarded for operation, the marker must inspect the reasonableness of the
answer and at least one part must be correct before awarding the mark.
10. Operation means 'check operation'. 'One part correct' means operation and one part correct. Note:
check operation must be +, -, x, ÷, or per memo.
11. In calculations, do not award marks for workings if numerator & denominator are swapped – this also
applies to ratios.
12. In awarding method marks, ensure that candidates do not get full marks for any item that is incorrect
at least in part. Indicate with a .
13. Be aware of candidates who provide valid alternatives beyond the marking guideline.
14. Codes: f = foreign item; p = placement/presentation.

These marking guidelines consist of 11 pages.

313
 314

QUESTION 1
GENERAL LEDGER ACCOUNTING EQUATION
ACCOUNT DEBITED ACCOUNT CREDITED ASSET OWNER’S LIABI-
EQUITY LITY
Eg. Water and Bank - 450 - 450 0
Electricity

1 Debtors Debtors Control - 3 000 - 3 000 0

Allowances
Trading Stock Cost of Sales + 2 400 + 2 400 0
2 Bank Debtors Control + 1 980  0 0
- 1 980
= 0 two marks
Discount Allowed Debtors Control - 220 - 220 0

3 Creditors control Trading Stock - 2 750 0 - 2 750

4 Postage Petty Cash - 45 - 45 0

TOTAL MARKS

25

314
 315

QUESTION 2

GAAP PRINCIPLES

2.1.1 What does the abbreviation GAAP stand for?

2
Generally Accepted Accounting Principles

2.1.2 Indicate which of the following GAAP principles would be applied in

each case:
A Materiality Principle
B Prudence
C Matching
D Going-concern
E Historical cost
5

2.2 VAT: Indicate whether the following statements are TRUE or FALSE.
2.2.1 True
2.2.2 False
2.2.3 True 3

2.3 Calculate the missing amounts (A – F) in the table below using 15%
VAT
NO. VAT EXCLUSIVE VAT VAT INCLUSIVE
2.3.1 R500 000 R75 000 R575 000
2.3.2 R820 000 R123 000 R943 000
2.3.3 R60 000 R9 000 R69 000
10

TOTAL MARKS

20

315
 316

QUESTION 3

3.1.1 Fill in the missing amounts in the table denoted by (i) – (iii)

YEAR ANNUAL SALARY

2010 48 000
2011 (i) 52 800 
2012 57 600
2013 (ii) 62 800 
2014 68 000
2015 (iii) 73 500 
2016 79 000
2017 84 500 6

3.1.2 What is Thuto’s monthly starting salary?

48 000/12 = R4 000
2

3.1.3 In which year will Thuto earn R57 600?

2012
1

3.1.4 By what percentage will Thuto’s salary increase at the end of the first
year?
4 800
(52 800 – 48 000) /48 000X 100 = 10% one part correct accept 10 without%
3

3.1.5 How many years will Thuto work before he earns an annual salary of
R84 500?

After 7 years OR
In the 8 th year  2

316
 317

3.2 Net Salary of Hlompho Saint for March 2019.

Gross Salary 6 700
Less: Deductions  (1 958)
PAYE 1 005
Medical aid fund 350
Pension fund 536
UIF 67
Net Salary  4 742
one part correct 11

3.3.1 Is the action being considered by Josie suppliers appropriate?

Motivate your answer by providing ONE point.

Any valid point  part marks for unclear/incomplete explanation

 The action is unlawful, it is a breach of the employment contract

2
 The employee can report the employer to the labour court or to the
union, for implementing unlawful salary cuts

3.3.2 What measures/actions should be applied by the employer to

increase productivity levels. Mention TWO points.

Any two valid points  

part marks for unclear/incomplete explanations

 Train employees 4
 Increased supervision over employees

317
 318

3.4 WAGES JOURNAL OF BENJY SUPPLIERS FOR THE WEEK-ENDING 17 MAY 2019 WG12

EMPLOYEE NORMAL TIME OVERTIME GROSS DEDUCTIONS NET EMPLOYER’S

WAGE WAGE CONTRIBUTION
Hrs Tariff Amount Hrs Tariff Amount Pen. PAYE UIF Trade Total SDL Pen. UIF
fund Union fund
T. Kgang 40 50 2 000 5 75 375 2 375 160 285 20 9 474 1 901 23,75 240 20
    *    * *  
M. Mothibe 40 40 1 600 2 60 120 1 720 128 172 16 9 325 1 395 17,20 192 16
    *    * *  

* - one part correct

24

TOTAL MARKS

55

318
 319

QUESTION 4
4.1 GENERAL JOURNAL OF NOSI STATIONERS
GENERAL JOURNAL GENERAL LEDGER
Debtors Control Creditors Control
DAY DETAILS Fol Dr Cr Dr Cr Dr Cr
Totals 350 270 120 0
Prepaid expenses 200
Insurance 200
Water and electricity 1 500
Accrued expenses 1 500
Bad debts 160
C. Khobe 160 160
S. Peters 30 30
Discount Allowed 30
Rent income 3 000
Income received in advance 3 000
Repairs 5 300
Land and building 5 300
Accrued income 400
Interest received 400
Depreciation 19 450
Accumulated depreciation on Vehicle 15 000
Accumulated depreciation on Equipment 4 450
Trading stock deficit  7 000
Trading stock  7 000
380 430 120

40

319
320

320
4.2.1 Matching items
COLUMN A COLUMN B
4.2.1 F
4.2.2 D
4.2.3 E
4.2.4 B 5
4.2.5 A

4.3.1 GENERAL LEDGER OF TELLO TRADERS

DR TRADING STOCK CR
Apr 1 Balance b/d 20 600 Apr 30 Cost of Sales CRJ 7 000
31 Bank CPJ 17 900 Cost of Sales DJ 4 400
Cost of DAJ
220 Creditors CAJ
570
Sales Control
Creditors CJ
5 990 Balance c/d
32 740
Control

44 710 44 710
May 1 Balance b/d 32 740

13

DR SALES CR
Apr 1 Total b/d 44 400
30 Bank CRJ 14 000
Debtors DJ
8 800
Control
67 200

4.3.2 Tello Traders relies on the Accounting records for the calculation of
the closing balance of stock. In your opinion, briefly explain how the
stock balance could be verified.

Any valid point Part marks for unclear/incomplete explanations

 Conduct physical stock count 2
 Check the balance of actual stock on hand against the records of the
business

TOTAL MARKS

65
322

322
 323

QUESTION 5

5.1 DEBTORS RECONCILIATION

DETAILS DEBTORS
CONTROL
Balance 21 020
(i) – 4 790
(ii) 0
(iii) – 2 210
(iv) – 280
(v) -1 110 one mark – 1 110 one mark OR – 2 220
(vi) 0
(vii) + 630
One part correct 12 150
11

5.2 DEBTORS LIST FOR 31 MAY 2019

DEBTORS AMOUNTS
M. Mary (3 810 – 1 500) 2 310
P. Papers (4 790 – 4 790)  0
G. Gordons (8 340 + 400) 8 740
D. Daniels (2 690 – 1 110– 1 110 + 600 + 30) 1 100
–2 220 two marks + 630 two marks
12 150
16

5.3 Mention TWO measures that should be implemented by the business

before they can grant credit to customers.

Any TWO valid points  

 Salary advice slip/ Proof of income

 Proof of residence/Address
 Contact details of family or friends
 Bank statement/ Bank balance
 Identity document
 Credit references/ Credit history
 Email address
4

323
 324

5.4 Name TWO ways in which you can encourage debtors to pay their
accounts on time.

Any TWO valid points  

 Receive discount for prompt payment

 Charge interest
 Sent statements regularly
 Contact debtor by phone, e-mail, WhatsApp
 Gift for early payment 4

TOTAL MARKS

35

TOTAL: 200

324
 325

REKENINGKUNDE

JUNIE 2019

NASIENRIGLYNE

PUNTE: 200

VRAAG 1
ALGEMENE GROOTBOEK REKENINGKUNDE VERGELYKING
REKENING DEBIET REKENING KREDIET BATES EIENAARSB LASTE
ELANG
1 Water en Bank - 450 - 450 0
elektrisiteit

2 Debiteureafslag Debiteurekontrole - 3 000 - 3 000 0

Handelsvororraad Koste van verkope + 2 400 + 2 400 0

3 Bank Debiteurekontrole +1980 0 0

-1 980 
0 twee punte
Korting Debiteurekontrole - 220 - 220 0
toegestaan

4 Krediteurekontrole Handelsvororraad - 2 750 0 - 2 750

5 Posgeld Kleinkas - 45 - 45 0

TOTALE PUNTE

25

325
 326

VRAAG 2

AARP BEGINSELS
2
2.1.1 Waarvoor staan die afkorting AARP?

Algemene Aanvaarbare Rekeningkundige Praktyk

2.1.2 IDENTIFISEER die AARP beginsel in elke geval:

A Wesenlikheids
B Omsigtigheid
C Paringsbeginsel
D Lopendesaa
E Historiese koste
5

2.2 BTW: Sê of is die volgende stellings WAAR of ONWAAR is.

2.2.1 Waar
2.2.2 Onwaar
2.2.3 Waar 3

2.3 Bereken die ontbrekende bedrae (A – F) in die tabel hieronder deur

15% BTW te gebruik.
NO. BTW UITGESLUIT B BTW INGESLUIT
2.3.1 (A) R500 000 (B) R75 000 R575 000
2.3.2 R820 000 (C) R123 000 (D) R943 000
2.3.3 (E) R60 000 R9 000 (F) R69 000
10

TOTALE PUNTE

326
 327

20

327
 328

VRAAG 3

3.1.1 Vul in die ontbrekende bedrae in die tabel aangedui deur (i) – (iii)

2010 48 000
2011 (i) 52 800 
2012 57 600
2013 (ii) 62 800 
2014 68 000
2015 (iii) 73 500 
2016 79 000
6
2017 84 500

3.1.2 Wat is Thuto se beginsalaris per maand?

48 000/12 = R4 000

3.1.3 In watter jaar sal Thuto R57 600 verdien?

2012

3.1.4 Met watter % sal sy salaris aan die einde van die eerste jaar
verhoog?

(52 800 – 48 000) /48 000X 100 = 10% een deel korrek/ aanvar sonder
persentasie teken

3.1.5 Hoeveel jaar sal Thuto moet werk om ‘n jaarlikse salaris van R84 500
te verdien?

Na 7 Jaar OF
In die 8 ste jaar 
2

328
 329

3.2 Netto salaries van Hlompho Saint vir Maart 2019.

Bruto salaris 6 700
Min: Aftrekkings  (1 958)
LBS 1 005
Mediesefonds 350
Pensioenfonds 536
WVF 67
Netto Salaris  4 742
een deel korrek 11

3.3.1 Is die optrede wat Josie Verskaffers oorweeg, toepaslik? Motiveer

jou antwoord met EEN rede.

Enige geldige punt  deelpunte vir onduidelike/onvolledige verduideliking

 Die aksie is onwettig, dit is kontrakbreek

 Die werker kan dit rapporteur by arbeidshof of by die vakbond vir die
implimentering van die onwettige salarisvermindering

3.3.2 Watter maatstawwe/aksies behoort deur die werkgewer gevolg te

word om die produksievlakke te verhoog? Verskaf TWEE punte.

Enige twee geldige punte  

deelpunte vir onduidelike/onvolledige verduideliking

 Lei werkers op
 Verhoog die toesig oor die werkers

329
 330

3.4 LOONJOERNAAL VAN BENJY SUPPLIERS VIR DIE WEEK GEEINDIG 17 MEI 2019 WG12

WERKNEMER NORMALE TYD OORTYD BRUTO AFTREKKINGS NETTO WERKGEWER

LOON LOON BYDRAES
URE KOERS BEDRAG URE KOERS BEDRAG Pen. LBS WVF Vak Totaal VOH Pen. WVF
bond
fonds
fonds
T.Kgang 40 50 2 000 5 75 375 2 375 160 285 20 9 474 1 901 23,75 240  20
    *    * * 
M. Mothibe 40 40 1 600 2 60 120 1 720 128 172 16 9 325 1 395 17,20 192 16
    *    * *  

* - een deel korrek

24

TOTALE PUNTE

55

330
 331

VRAAG 4

4.1 ALGEMENE JOERNAAL VAN NOSI STATIONERS

Debiteure Kontrole Krediteure kontrole

DAG BESONDERHEDE Fol Debiet Krediet Dt Kt Dt Kt
Totale 350 270 120 0
Vooruitbetaalde uitgawes 200
Versekering 200
Water en elektrisiteit 1 500
Opgelope uitgawes 1 500
Oninbare skuld 160
C. Khobe 160 160
S. Peters 30 30
Korting toegestaan 30
Huurinkomste 3 000
Vooruitontvange inkomste 3 000
Herstelwerk 5 300
Grond en geboue 5 300
Opgelope inkomste 400
Rente inkomste 400
Waardevermindering 19 450
Opgehoopte waardevermindering op voeruie 15 000
Opgehoopte waardevermindering op toerusting 4 450
Handelsvoorraadtekort  7 000
Handelsvoorraad  7 000
380 430 120

331
 332

4.2 Pas items

KOLOM A KOLOM B
4.2.1 F
4.2.2 D 5
4.2.3 E
4.2.4 B
4.2.5 A

4.3.1 ALGEMENE GROOTBOEK VAN TELLO TRADERS

DT HANDELSVOORRAAD KT

1 30 Koste van
Apr Saldo a/b 20 600 Apr KOJ 7 000
verkope
31 Koste van DJ 4 400
Bank KBJ 17 900
verkope
Koste van DAJ
220 Krediteure- KAJ 570
verkope kontrole
Krediteure- KJ
5 990 Saldo a/d 32 740
kontrole
44 710 44 710

Mei 1 Saldo o/d 32 740

13

Dt VERKOPE KT
Apr 1 Totaal b/d 44 400
30 Bank CRJ 14 000
Debiteure- DJ
8 800
kontrole
67 200

4.3.2 Tello Handelaars gebruik hul rekeningkundige rekords vir die

berekening van hulle voorraad voorhande. Verduidelik kortliks hoe
die voorraad voorhande bevestig kan word.
Enige geldige punt 
 Voer ‘ n fisiese voorraadopname uit en 2
 Kontroleer die saldo van die werklike voorraad teenoor die
voorraadregisters
 333

5.2 DEBITEURE LYS OP 31 MEI 2019

DEBITEURE BEDRAE
M. Mary (3 810 – 1 500) 2 310
P. Papers (4 790 – 4 790)  0
G. Gordons (8 340 + 400) 8 740
D. Daniels (2 690 – 1 110– 1 110 + 600 + 30) 1 100
–2 220 twee punte + 630 twee punte 16
12 150

5.3 Noem TWEE maatreëls wat ‘n onderneming moet implementeer voordat

hul krediet aan klante toestaan.

Enige TWEE geldige punte  

 Salaris advies/ Bewys van inkomste

 Bewys van woonadres
 Kontakbesonderhede van familie en vriende
 Bankstaat
 Identiteitsdokument/kaart 4
 Kredietverwysings/Kredietgeskiedenis
 Epos adres

5.4 Noem TWEE maniere waarop debiteure aangemoedig kan word om hul
rekeninge betyds te betaal.
Enige TWEE geldige punte  
 Ontvang korting vir voortydige betalings/ Gee geskenk vir vroegtydige
betaling
 Belas met rente
 Stuur state gereeld uit
 Kontak debiteur per foon, e-pos, of “whats-up” 4

TOTALE PUNTE

35
 334

ACCOUNTING
GRADE 10
JUNE 2022
MARKING GUIDELINE - FINAL
MARKS: 200

MARKING PRINCIPLES:
1. Unless otherwise stated in the marking guidelines, penalties for foreign items are applied only if the
candidate is not losing marks elsewhere in the question for that item (no penalty for misplaced item). No
double penalty applied.
2. Penalties for placement or poor presentation (e.g. details) are applied only if the candidate is earning
marks on the figures for that item.
3. Unless otherwise stated, give full marks for correct answer. If answer is incorrect, mark workings.
4. If a pre-adjustment figure is shown as a final figure, allocate the part-mark for the working for that figure
(not the method mark for the answer). Note: if figures are stipulated in memo for components of
workings, these do not carry the method mark for final answer as well.
5. Unless otherwise indicated, the positive or negative effect of any figure must be considered to award the
mark. If no + or – sign or bracket is provided, assume that the figure is positive.
6. Where indicated, part-marks may be awarded to differentiate between differing qualities of answers from
candidates.
7. If candidates provide more that the required number of responses, inspect all responses to give benefit
to the candidate. Penalties may be applied for foreign entries if candidates earn full marks on a question
(max -2 per Q).
8. This memorandum is not for public distribution as certain items might imply incorrect treatment. The
adjustments made are due to nuances in certain questions.
9. Where penalties are applied, the marks for that section of the question cannot be a final negative.
10. Where method marks are awarded for operation, marker must inspect reasonableness of answer.
11. Operation means 'check operation'. 'One part correct' means operation and one part correct. Note: check
operation must be +, -, x, ÷, or per memo.
12. In calculations, do not award marks for workings if numerator & denominator are swapped – this also
applies to ratios.
13. In awarding method marks, ensure that candidates do not get full marks for any item that is incorrect at
least in part. Indicate with a .
14. Be aware of candidates who provide valid alternatives beyond the marking guideline. Note that one
comment could contain different aspects.
15. Codes: f = foreign item; p = placement/presentation.

These marking guidelines consist of 9 pages.

 335

QUESTION 1

1.1.1 D 
1.1.2 C 
1.1.3 A 
1.1.4 B 
4

CASH RECEIPTS JOURNAL OF ACE SUPPLIERS – MAY 2022 CRJ - 5

Doc Day Details Analysis Bank Sales Cost of Debtors Control Sundry accounts
no. of sales
Receipts Discount Amount Fol Details
receipts
allowed
B/S 1 M Riande 125 000 125 000 Capital
B/S 2 Bata Bank 185 000 185 000 Loan: Bata Bank
Crr 2 17 Sales 22 320 22 320 22 320 12 400
B/S 26 L Lindiwe 3 940 3 940 220
Interest on current
B/S 30 Vivo Bank 133 133 account/Interest
income
# 4 160

14

335
 336

CASH PAYMENTS JOURNAL OF ACE SUPPLIERS – MAY 2022 CPJ - 5

Doc Day Details Bank Trading Stationery Creditors control Sundry accounts
stock Payments Discount Amount Details
received Fol
EFT 44 6 Snowy 27 300 22 450 3 180 1 670 Consumable stores
Traders
EFT 45 11 JJ Garage 165 000 165 000 Vehicles
EFT 46 19 Danny Traders 3 900 3 900 360
B/S 30 Vivo Bank *426 426 Bank charges
B/S 30 Bata Bank *3 850 2 000 Loan:Bata Bank
* 4 276 1 850 Interest on loan
Combined for 2 marks

# 4 260

17

TOTAL MARKS

35

336
337

337
 338

QUESTION 2

2.1 Calculate the correct balance for the Debtors Control Account for
April 2020 by using ” +” signs for an increase, a ” -” for a decrease and ”0” for
no effect.
Debtors control account balance R38 495
(i) + 3 900
(ii) OR – 5 600 one mark – 350 one mark – 5 950 
(iii) – 2 175 
(iv) 0 
No effect

(v) + 332 
(vi) OR + 1 630 one mark + 1 630 one mark + 3 260 
(vii) 0  10
No effect
(Accept bracket as negative and no sign positive) 37 862 

2.2 Prepare the correct Debtors List for April 2022.

– 5 600 one mark – 350 one mark

0 *
B. Mkize ( 5 950 – 5 950)

R. Radebe (16 600+ 332) see above 16 932 *

L. Lemoen (11 580 + 810+ 3 700) 16 090 *

+ 1 630 one mark + 1 630 one mark
4 840 *
B. Brown( 5 280 + 3 260 – 3 700)
13
37 862 *
operation one part correct

2.3 Name TWO advantages of EFT payments.

Any TWO advantages  
 Less fraud
 Convenient or easy to use
 Can be done from any place/any time / time-saving/easy
 Payment/receipts are instant / account is updated immediately / no long
queues to deal with
2

338
 339

QUESTION 3

GENERAL LEDGER OF PATENSIE STORES

BALANCE SHEET SECTION
BANK

2022 2022
Sundry
1 Balance b/d 44 950  31 account / Total CPJ 155 500 
May May
payments

31 Sundry
account / Total CRJ 101 060 
receipts
Balance c/d 9 490 
155 500 both 155 500 5
Jun 1 Balance b/d 9 490
Must have detail and figure correct. No part marks

TRADING STOCK
2022 2022 3
1 Balance b/d 78 800  1 Cost of Sales CRJ 39 800 
May May
31 Bank CPJ 103 400  Creditors control CAJ 6 900 
Creditors 79 300  Cost of Sales 23 700 
CJ DJ
control
Cost of Sales DAJ 2 300  Drawings GJ 1 790 
Balance c/d 191 610 
263 800 both 263 800
2022 1 Balance b/d 191 610 
Jun 11
Must have detail and figure correct. No part marks
SALES
2022
1 Total/balance b/d 204 000
May
31 Bank CRJ 67 660
Debtors 40 290
DJ
Control
311 950

339
 340

Must have detail and figure correct. No part marks

COST OF SALES
2022 2022
1 Total/balance b/d 120 000  31 Cost of Sales DAJ 2 300 
May May
31 Trading stock CRJ
39 800  Total c/d
181 200

23 700 
Trading stock DJ

183 500 both 183 500

June 1 Total b/d 181 200 7

Must have detail and figure correct. No part marks

3.5 Calculate the mark-up percentage on cost

 
67 660 – 39 800 = 27 860 / 39 800 x 100 = 70% one part correct

OR

40 290 – 23 700 = 16 590 / 23 700 x 100 = 70%

TOTAL MARKS

30

340
 341

QUESTION 4

4.1 SALARIES JOURNAL OF PARYS MUSICA FOR MAY 2022 SJ 5

Workers Deductions Employers’ contributions

Gross Nett
Pension Medical Medical Pension
salary Tax UIF Total salary UIF Total
fund aid aid fund

P. Piano 8 000  640 900 1 600 80 3 220 4 780 960 1 280 80 2 320

12 000
G. Guitar 960 450 2 400 120 3 930 8 070 1 440 1 920 120 3 480


F. Flute 7 700 616 1 100 1 540 77 3 333 4 367 924 1 232 77 2 2 33

TOTALE PUNTE

35

341
QUESTION 5

5.1 Match the GAAP Principles in COLUMN A with the correct explanations in
COLUMN B. Write only the letter (A – E) next to the question number (5.1.1 – 5.1.5)
in the ANSWER BOOK.

5.1.1 E 
5.1.2 C 
5.1.3 D 
5.1.4 A 
5.1.5 B  5

5.2 No. Amount debited Amount credited Assets Owners’ Liabili-

Equity ties
5.2.1 Trading stock Creditor’s control  + 3 950 0 + 3 950

5.2.2 Drawings Stationery 0 ± 1 500 0



5.2.3 Creditor’s control Trading stock  – 645 0 – 645

5.2.4 Debtors’ Debtor’s control  – 600 – 600 0

allowances 
Trading stock  Cost of sales  + 450  + 450 0

5.2.5 Bank Debtors control ± 1 180 0 0


Discount allowed Debtors control – 120 – 120 0
25

(Accept bracket as negative and positive as plus)

TOTAL MARKS

30

342
 343

QUESTION 6 GENERAL JOURNAL OF BLOEM TRADERS – FEBRUARY 2022

Debtor’s control
J/V D Details Debit Credit Debit Credit
1 28 Telephone 2 425
Accrued expense 2 425
Telephone not paid 2
2 Bad debts  1 350
M. Montso/ Debtors Control  1 350 1 350
Write the account off 5
3 Accrued income  1 200
Interest income / Interest on  1 200
fixed deposit
Interest still receivable 4
4 Trading stock deficit  4 500
Trading stock  4 500
Deficit according to stock count 4
Consumable stores on hand  2 436
Consumable Stores  2 436
On hand according to stock take 4
5 Prepaid expense  2 600
Advertising  2 600
Paid in advance 5
6 Repairs  4 700
Bank charges  4 700
Rectify the error 4
7 Prepaid expense  3 700
Insurance  3 700
Paid in advance 5

8 Rent income  10 500

Income received in advance  10 500
Receive rent in advance 5
9 Depreciation  170 000 

Accumulated depr on vehicles  150 000

Accu depr on equipment 20 000 
Provide for depreciation 7

343
 344

Narration does not matter

45

TOTAL: 200 MARKS

REKENINGKUNDE
GRAAD 10
JUNIE 2022
NASIENRIGLYN - FINAAL
PUNTE: 200

VRAAG 1

1.1.1 D 
1.1.2 C 
1.1.3 A 
1.1.4 B  4

344
 14

KONTANTONTVANGSTEJOERNAAL VAN ACE VERSKAFFERS – MEI 2022 KOJ5

Dok Dag Besonder- Ontleding Bank Verkope Koste Debiteurekontrole Diverse rekeninge
no. hede van van
Ontvang- Korting Bedrag Fol Besonderhede
ontvang- verkope
ste toe-
stes
gestaan
B/S 1 M Riande 125 000 125 000 Kapitaal
B/S 2 Bata Bank 185 000 185 000 Lening: Bata Bank
Krr 2 17 Verkope 22 320 22 320 22 320 12 400
B/S 26 L Lindiwe 3 940 # 3 220
940
Rente op lopende
B/S Vivo Bank 133 133 bank/
30
Rente inkomste
# 4 160

345
 346

KONTANTBETALINGSJOERNAAL VAN ACE VERSKAFFERS – MEI 2022 KBJ5

Dok nr Dag Besonderhede Bank Handels- Skryfbe- Krediteurekontrole Diverse rekeninge
voorraad hoeftes
Betalings Korting Bedrag Fol Besonderhede
Ontvang
EFO 44 6 Snowy 27 300 22 450 3 180 1 670 Verbruiksgoedere
Handelaars
EFO 45 11 JJ Garage 165 000 165 000 Voertuie
EFO 46 19 Danny 3 900 # 3 900 360
Handelaars
B/S 30 Vivo Bank 426 426 Bankkostes
B/S 30 Bata Bank 3 850 2 000 Lening: Bata Bank
*4 276 1 850 Rente op lening
Gekombineerd vir 2 punte

# 4 260

17
TOTALE PUNTE

35

346
VRAAG 2

2.1 Bereken die korrekte saldo van die Debiteurekontrolerekening vir April 2022.
Gebruik “+” vir ’n toename, ’n ” -” vir ’n ”0” vir geen inskrywing (of effek).

Debiteurekontrole saldo R38 495

(i) + 3 900
(ii) OF – 5 600 een punt – 350 een punt – 5 950 
(iii) – 2 175 
(iv) 0 
Geen effek

(v) + 332 
(vi) OF + 1 630 een punt + 1 630 een punt + 3 260 
(vii) 0 
Geen effek
(Aanvaar hakkies as negatief en geet teken as positief) 37 862 
10

2.2 Berei die korrekte Debiteurelys vir April 2022 voor.

– 5 600 een punt – 350 een punt

0 *
B. Mkize ( 5 950 – 5 950)

R. Radebe (16 600+ 332 ) sien bo 16 932 *

L. Lemoen (11 580 + 810+ 3 700) 16 090 *

+1 630 een punt +1 630 een punt )
4 840 *
B. Brown( 5 280 + 3 260 – 3 700
13
37 862 *
bewerking een deel korrek

2.3 Noem twee voordele van EFO betalings

Enige TWEE voordele  

 Verminder bedrog
2
 Meer gemaklik of makliker om te gebruik
 Kan gedoen word van enge plek, enige tyd, bespaar tyd, maklik
 Betalings/ontvangstes is onmiddellik / rekening word onmiddellik opgedateer /

347
 348

geen rye

VRAAG 3

ALGEMENE GROOTBOEK VAN PATENSIE WINKELS

BALANSSTAATREKENINGE AFDELING
BANK
2022 2022 Diverse
Mei 1 Saldo a/b 44 950 Mei 31 rekeninge / KBJ 155 500
Totale betalings
31 Diverse 101 060
rekeninge / KOJ
Totale ontvangste 

Saldo a/d 9 490

155 500 beid 155 500
e

Jun 1 Saldo a/b 9 490

5

Moet besonderhede en bedrag korrek hê. Geen deelpunte.

HANDELSVOORRAAD
2022 1 Saldo 78 800 2022 31 Koste van 39 800
a/b KOJ
Mei Mei verkope
31 Bank 103 400 Krediteure- 6 900
KBJ KAJ
kontrole
Krediteure- 79 300 Koste van 23 700
KJ DJ
kontrole verkope
Koste van 2 300 Onttrekkings 1 790
DAJ AJ
verkope
Saldo a/d 191 610
263 800 beid 263 800
e

2022 1 Saldo a/b 191 610

Jun 11

Moet besonderhede en bedrag korrek hê. Geen deelpunte.

348
 349

VERKOPE
2022 1 Totaal/Saldo 204 000
a/b
Mei
31 Bank KOJ 67 660
Debiteure- 40 290 4
DJ
kontrole
311 950

Moet besonderhede en bedrag korrek hê. Geen deelpunte.

KOSTE VAN VERKOPE

2022 1 Totaal/Saldo 120 000 2022 31 Handels- 2 300
a/b DAJ
Mei Mei voorraad
31 Handels- 39 800 Totaal 181 200
KOJ a/d
voorraad 
Handels- 23 700
DJ
voorraad

183 500 beide 183 500

Jun 1 Totaal a/b 181 200
7

Moet besonderhede en bedrag korrek hê. Geen deelpunte.

3.5 Bereken die winsopslagpersentasie op kosprys.

 
67 660 – 39 800 = 27 860 / 39 800 x 100 = 70%  een deel korrek

OF

40 290 – 23 700 = 16 590 / 23 700 x 100 = 70%

349
 350

VRAAG 4

4.1 SALARISJOERNAAL VAN PARYS MUSICA VIR MEI 2022

SJ 5

Werkers Aftrekkings Wer

Bruto Netto
Pensioen Mediese Mediese Pens
salaris SAID WVF Totaal salaris
-fonds fonds fonds fon

P. Piano 8 000  640 900 1 600 80 3 220 4 780 960 1 28

12 000
G. Guitar 960 450 2 400 120 3 930 8 070 1 440 1 92


F. Flute 7 700 616 1 100 1 540 77 3 333 4 367 924 1 23

TOTALE PUNTE

35

350
 Accounting – Grade 10 351 Marking guideline
2023
Free State

VRAAG 5

5.1 Pas die AARP beginsel in KOLOM A by die korrekte verduideliking in KOLOM B.
Skryf slegs die letter (A – E) langs die korrekte vraagnommer (5.1.1 – 5.1.5) in die
ANTWOORDBOEK.

5.1.1 E 
5.1.2 C 
5.1.3 D 
5.1.4 A 
5.1.5 B  5

5.2 No. Rekening Rekening Bates Eienaars Laste

gedebiteer gekrediteer belang
5.2.1 Handelsvoorraad Krediteurekontrole  + 3 950 0 + 3 950

5.2.2 Onttrekkings Skryfbehoeftes 0 ± 1 500 0


5.2.3 Krediteurekontrole Handelsvoorraad  – 645 0 – 645


5.2.4 Debiteursafslag Debiteurskontrole  – 600 – 600 0

Handelsvoorraad Koste van verkope + 450  + 450 0

 

5.2.5 Bank Debiteurekontrole ± 1 180 0 0


Korting Debiteurekontrole – 120 – 120 0
toegestaan
25

(Aanvaar hakkies as negatief en geet teken as positief)

TOTALE PUNTE

30

351
 Accounting – Grade 10 352 FS/June 2023
Marking Guideline

VRAAG 6 ALGENEME JOERNAAL VAN BLOEM HANDELAARS – FEBRUARIE 2022

Besonderhede Debiet Krediet Debiteurskontrole
J/B D Debiet Krediet
1 28 Telefoon 2 425
Opgelope uitgawe 2 425
Telefoon nie betaal nie 2
2 Oninbare skulde  1 350
M. Montso / Debiteurekontrole  1 350 1 350
Rekening afgeskryf 5
3 Opgelope inkomste  1 200
Rente inkomste / Rente op  1 200
vaste deposito
Rente nog ontvangbaar 4
4 Handelsvoorraad tekort  4 500
Handelsvoorraad  4 500
Tekort volgens fisiese 4
voorraadopname
Verbruiksgoedere voorhande  2 436
Verbruiksgoedere  2 436
Voorraad voorhande volgens 4
fisiese voorraadopname
5 Vooruitbetaalde uitgawe  2 600
Advertensies  2 600
Vooruitbetaal 5
6 Herstelwerk  4 700
Bankkostes  4 700
Herstel fout 4
7 Vooruitbetaalde uitgawe  3 700
Versekering  3 700
Vooruitbetaal 5

8 Huur inkomste  10 500

Vooruitontvange inkomste  10 500
Huur vooruitontvang 5
9 Waardevermindering  170 000 
Opgehoopte waardevermindering  150 000
op voertuie
Opgehoopte waardevermindering 20 000 
op toerusting
Voorsien vir waardevermindering 7
Omskrywings maak nie saak nie.

Copyright reserved Please turn ove

 Accounting – Grade 10 353 FS/June 2023
Marking Guideline

GRADE 10 - EXAMINATION

ACCOUNTING - JUNE 2023

MARKS: 200
MARKING PRINCIPLES:
1. Unless otherwise stated in the marking guidelines, penalties for foreign items are applied only if the
candidate is not losing marks elsewhere in the question for that item (no penalty for misplaced item).
No double penalty applied.
2. Penalties for placement or poor presentation (e.g. details) are applied only if the candidate is earning
marks on the figures for that item.
3. Unless otherwise stated, give full marks for correct answer. If answer is incorrect, mark workings.
4. If a pre-adjustment figure is shown as a final figure, allocate the part-mark for the working for that
figure (not the method mark for the answer). Note: if figures are stipulated in memo for components of
workings, these do not carry the method mark for final answer as well.
5. Unless otherwise indicated, the positive or negative effect of any figure must be considered to award
the mark. If no + or – sign or bracket is provided, assume that the figure is positive.
6. Where indicated, part-marks may be awarded to differentiate between differing qualities of answers
from candidates.
7. If candidates provide more that the required number of responses, inspect all responses to give
benefit to the candidate. Penalties may be applied for foreign entries if candidates earn full marks on a
question (max -2 per Q).
8. This memorandum is not for public distribution; as certain items might imply incorrect treatment. The
adjustments made are due to nuances in certain questions.
9. Where penalties are applied, the marks for that section of the question cannot be a final negative.
10. Where method marks are awarded for operation, marker must inspect reasonableness of answer.
11. Operation means 'check operation'. 'One part correct' means operation and one part correct. Note:
check operation must be +, -, x, ÷, or per memo.
12. In calculations, do not award marks for workings if numerator & denominator are swapped – this also
applies to ratios.
13. In awarding method marks, ensure that candidates do not get full marks for any item that is incorrect
at least in part. Indicate with a .
14. Be aware of candidates who provide valid alternatives beyond the marking guideline. Note that one
comment could contain different aspects.

Copyright reserved Please turn ove

 Accounting – Grade 10 354 FS/June 2023
Marking Guideline

15. Codes: f = foreign item; p = placement/presentation.

This marking guideline consists of 10 pages.

Copyright reserved Please turn ove

 Accounting – Grade 10 355 FS/June 2023
Marking Guideline

QUESTION 1
1.1 CASH RECEIPTS JOURNAL OF VUSIMANI STORES – MAY 2023 CRJ5
Doc Day Details Fo Analysis Bank Sales Cost Debtors Sundry accounts
No l of of sales control
receipts Receipts Discount Amount Fol Details
allowed
B/S 1 Vusi Manini 85 000  85 000 Capital 

EFT 6 FFB Bank 100 000 100 Loan: FFB

 000 Bank
CRR4 10 Sales 22 680 22 680 22 12
680 600
CRR5 21 Sales 16 920* 16 920 16 9 400
*same as 920
sales

EFT 26 G. Gladys 6 348  6 348 420 

Same as
receipts

B/S 30 FFB Bank 128  128 Interest on

current
account
231
076

Copyright reserved Please turn ove

 Accounting – Grade 10 356 FS/June 2023
Marking Guideline

21

Copyright reserved Please turn ove

 Accounting – Grade 10 357 FS/June 2023
Marking Guideline

1.2 DEBTORS JOURNAL OF VUSIMANI STORES - MAY 2023 DJ5

Doc Day Debtor Fol Sales Cost
No of sales
131 2 G. Gladys 5 940 3 300

132 15 N. Nickey 1 530 850

133 15 G. Gladys 1 152 640

8 622 * 4 790*
One part correct Operation adding

1.3 DEBTORS ALLOWANCES JOURNAL OF VUSIMANI STORES - MAY 2023

DAJ5
Doc Day Debtor Fol Debtors’ Cost
No allowances of sales
12 7 G. Gladys 324 180

13 18 N. Nickey 135 75

459 255
One part correct Operation adding

TOTAL MARKS

35

Copyright reserved Please turn ove

 Accounting – Grade 10 358 FS/June 2023
Marking Guideline

QUESTION 2

2.1 Match the GAAP principle in COLUMN A with the correct explanation in
COLUMN B. Write only the letter (A – E) next to the question number
(2.1.1 – 2.1.4) in the ANSWER BOOK.

COLUMN A COLUMN B
2.1.1 D 
2.1.2 C 
2.1.3 A 
4
2.1.4 B 

2.2 Show effects of the following transactions on the Accounting Equation.

No Account Account Accounting Equation

debited credited Assets Owner’s Liabilities
Equity
(i) Donations Trading Stock - 1 350 -1 350 0

(ii) Bank Sales +1 200 +1 200 0

Cost of Sales Trading Stock - 900 - 900 0

(iii Trading Stock Creditors Control +5 670 0 +5 670

)
(iv Bank Debtors Control +810 0 0
) - 810 = #0
Discount Debtors Control -40 -40 0
Allowed
(v) Creditors Trading Stock -670 0 -670
Control
21
Accept # 0 if R810 doen\s not appear in other column

TOTAL MARKS

25

Copyright reserved Please turn over

 Accounting – Grade 10 359 FS/June 2023
Marking Guideline

QUESTION 3

3.1 DEBTORS RECONCILIATION

DETAILS DEBTORS
CONTROL
Balance 39 590
(i) – 3 600 
(ii) 0 
(iii) – 490 
(iv) – 5 600 
(v) -1 650 one mark – 1 650 one mark – 3 300 
(vi) -3 600 + 6 300
+ 2 700 
(vii) +1 580 
One part correct 30 880 
10

3.2 DEBTORS LIST ON 30 APRIL 2023:

DEBTORS AMOUNTS
A. Atkinson (13 580 – 5 800) 7 780 
G. Govender (5 600 – 5 600) 0 
12 370 
-3 600 one mark + 6 300 one mark

M. Mogoro (9 670 + 2 700)

T. Theron (12 450 – 1 650– 1 650 + 1 580) 10 730 
–3 300 two marks
16
30 880 

3.3 Name TWO ways in which you can encourage debtors to pay their
accounts on time.

Any TWO valid points  

 Offer discount for prompt payment.

 Charge overdue accounts with interest.
 Sent statements regularly.
 Contact debtor by phone, e-mail, WhatsApp/ Send reminders.

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Accounting – Grade 10 360 FS/June 2023
Marking Guideline

TOTAL MARKS

30

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 Accounting – Grade 10 361 FS/June 2023
Marking Guideline

QUESTION 4

GENERAL LEDGER OF LANGEHOVEN TRADERS

BANK
2023 1 Balance 33 200 2023 31 Sundry accounts 178 200
b/d CPJ
May May Total payments
Sundry accounts 174 000 Balance 29 000
CRJ c/d
Total receipts
207 200 207 200
5
2023 1 Balance b/d 29 000
Jun
Presentation -1 max -2

DEBTORS CONTROL
2023 1 Balance 70 000 2023 31 *Bank 63 000
b/d CRJ
May May
31 Sales 72 900 *Discount 7 000
DJ CRJ
allowed
Petty cash PCJ
95 Debtors’ DAJ
3 150
allowances
Sundry accounts/ 755 Sundry accounts/ 125
GJ GJ
Journal debits Journal credits
Balance c/d 70 475
143 750 both 143 750
10
2023 1 Balance 70 475 * Bank and discount 70 000
b/d
Jun 2 marks

Presentation -1 max -2

TRADING STOCK
2023 1 Balance 88 945 2023 31 Cost of Sales 60 000
b/d CRJ
May May
31 Bank CPJ 81 000 Creditors control CAJ 30 000

Creditors control CJ 60 000 Cost of Sales DJ 48 600

Cost of Sales DAJ 2 000 Balance c/d 94 545

Petty cash PCJ 1 200

233 145 both 233 145

10
2023 1 Balance b/d 94 545
Jun
Presentation -1 max -2
CREDITORS CONTROL
2023 31 Bank CPJ 45 500 2023 1 Balance b/d 62 000

Copyright reserved Please turn over

 Accounting – Grade 10 362 FS/June 2023
Marking Guideline

May May
Discount received 4 550 31 Sundry accounts/ 98 000
CPJ CJ
Total purchases
Sundry accounts/ 31 000
CAJ
Total returns #

Balance c/d 78 950

160 000 both 160 000
* Bank and discount 50 050 2023 1 Balance 78 950 8
b/d
2 marks Jun

Presentation -1 max -2

4.2.1 Calculate the mark-up percentage maintained by the business. Use the
figures of the Cash Receipts Journal.

90 000 – 60 000

30 000 / 60 000 x 100/1 = 50% operation one part correct

3

4.2.2 Explain the concept of ‘division of duties’ is an important internal

control method.

Any acceptable explanation

Workers must divide the work between themselves.

Check each other work. 2

4.2.3 List ONE transaction that must be recorded on the debit side and ONE
transaction on the credit side of the Debtors Control ledger account,
posted from the General Journal. It must be TWO different
transactions.
Debit side Any ONE transaction

Charge with interest

Rectify an error
Transfer a debtor with a credit balance to his account in the creditor’s ledger
Transfer a creditor with a debit balance to his account in the debtor’s ledger

Credit side Any ONE transaction

Writing off accounts as bad debts

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 Accounting – Grade 10 363 FS/June 2023
Marking Guideline

Rectify an error
Transfer a debtor with a debit balance to his account in the creditor’s ledger 4
Transfer a creditor with a credit balance to his account in the debtor’s ledger
Rectify of error only 1 mark on debit side and 1 mark on credit side – max 2 marks.

4.2.4 The debtors settled their debt in 30 days. Calculate the percentage
discount which the debtors received at the end of May 2023.

7 000 / 70 000 x 100 = 10%  one part correct

4.2.5 The business changed their supplier of trading stock during May 2023.
Provide a reason and a figure why it was not a good decision.

Any ONE reason  Figures 

Bought trading stock for R60 000 and returned R30 000 to the supplier.
Returned 50% of the trading stock to the supplier.

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 Accounting – Grade 10 364 FS/June 2023
Marking Guideline

4.2.6 How can the owner verify that the closing balance of the creditors
control account is correct?

Control it against the creditors’ list on the creditor’s ledger 

TOTAL MARKS

50

QUESTION 5

5.1 Indicate whether the following statements are TRUE or FALSE. Write
only 'true' or 'false' next to the question number (5.1.1–5.1.4) in the
ANSWER BOOK.

5.1.1 True 
5.1.2 True 
5.1.3 False 
5.1.4 False  4

5.2.1 Identify what is wrong with the job description of Nosi Masango?
Any ONE answer 

Lack of internal control

Nobody is checking Nosi’s work. No division of duties
2
Nosi is preforming too many duties.

5.2.2 Name TWO internal control measures that needs to be addressed

regarding Nosi’s job description.
Any TWO explanation: Part-mark for unclear / incomplete explanation  
Division of duties / The person receiving the money should be different from
the one depositing it.
A senior staff member to supervise Nosi.
A senior staff member must authorise transactions e.g. EFT payments.
4
Effective management of proper internal control.

Copyright reserved Please turn over

Accounting – Grade 10 365 FS/June 2023
Marking Guideline

Copyright reserved Please turn over

 Accounting – Grade 10 366 FS/June 2023
Marking Guideline

SALARIES JOURNAL OF MASANGO STORES FOR MAY 2023 SJ 5

Employees Deductions EFT

Gross Total number
Medical Nett
salaries PAYE Pension UIF deduction
aid salary
s
M. Seevnarain 16 500 3 960 1 450 1 320 165 6 895  9 605  222
T.Hall 15 000 3 300 1 950 1 200 150* 6 600  8 400  223
Accept 124,78
31 500 for both workers 13 495 18 005
* if 1% of gross

Employees Employer’s contribution Total

Medical aid Pension UIF Skill levy Contribution

1 980 165 165 5 210 

M. Seevnarain 2 900#
See deduction
150& 150^ 6 000 
T.Hall 3 900# 1 800@
See deduction
Accept 124,78 for
both workers
11 210  35
# if double the amount of workers @ if 12% of gross if same as worker & ^ is same as UIF

TOTAL MARKS

45

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 367
Graad 10 Nasienriglyn Maart 2023

QUESTION 6
GENERAL JOURNAL OF RETHA TRADERS – 28 FEBRUARY 2023

Debtors control
J/V Day Details Fol Debit Credit Debit Credit
28 C. Callie 36 36
If the same

Interest on overdue 36

debtors
Charges interest

Repairs  25 000
Land and building  25 000
Rectify the error

Depreciation  48 000 
Accumulated depreciation  45 000
on vehicles
Accumulated depreciation  3 000 
on equipment
Depreciation for the year
provided.
Can split in two adjustments

TOTAL MARKS

Kopiëreg voorbehou Blaai asseblief om

 368
Graad 10 Nasienriglyn Maart
2023

GRAAD 10 - EKSAMEN

REKENINGKUNDE - JUNIE 2023

PUNTE: 200
NASIENBEGINSELS:
1. Strafpunte vir vreemde items is slegs van toepassing indien ‘n kandidaat nie punte op ‘n ander plek in die vraag
vir daardie item verloor het nie (geen vreemde-item-strafpunte vir misplaaste items nie). Geen dubbele
penalisasie toegepas nie.
2. Strafpunte vir plasing of swak aanbieding (bv. Besonderhede) is slegs van toepassing indien die kandidaat punte
vir die bedrae vir daardie item verdien het.
3. Tensy ander vermeld ken volpunte toe vir korrekte antwoord. Indien die antwoord foutief is, merk die bewerkings.
4. Indien ‘n vooraansuiweringsyfer as ‘n finale syfer getoon word, ken die bewerkingspunt toe vir daardie syfer (nie
die metodepunt vir die antwoord nie). Let wel: As syfers aangedui in memo vir komponente of bewerkings, dra
hierdie nie die metode punt van die finale antwoord ook nie.
5. Tensy anders getoon, moet die positiewe of negatiewe effek van enige syfer in ag geneem word om die punt toe
te ken. Indien geen + of – teken of hakie voorsien is nie, aanvaar dat die syfer positief is.
6. Waar aangedui word, ken deelpunte toe om die kwaliteit van antwoorde van kandidate te differensieer.
7. As die kandidaat meer as die verwagte aantal antwoorde gee, kontroleer alle antwoorde en gee die voordeel aan
die leerder. Strawwe kan toegepas word vir vreemde inskrywings as kandidate volpunte verdien vir die vraag
(maks. -2 per vraag)
8. Hierdie memorandum is nie vir verspreiding in die publiek nie' omdat sekere items dalk verkeerd gehanteer is.
Aanpassings is gemaak a.g.v. sekere vrae
9. Waar strafpunte toegepas word, kan die punte vir daardie afdeling van die vraag nie as 'n negatiewe syfer getoon
word nie. Waar metodepunte toegeken word vir bewerking, moet die nasiener die redelikheid van die bewerking
ondersoek voor die punt toegeken word.
10. Waar metodepunte toegeken word vir bewerking, moet die nasiener die redelikheid van die bewerking ondersoek
voor die punt toegeken word.
11. 'Bewerking' beteken kontroleer bewerking. 'Een deel korrek' beteken bewerking en een deel korrek. Let wel:
kontroleer bewerking moet +, -, x, ÷, wees of per memo.
12. In bewerkings, moet nie punte toeken nie vir bewerking as teller en noemer omgeruil is – hierdie is ook van
toepassing op verhoudings.
13. Met die toekenning van metodepunte, maak seker dat kandidate nie volpunte kry vir enige vir enige item wat
foutief is nie, ten minste gedeeltelik. Dui aan met 'n .
14. Wees bedag daarop dat party kandidate geldige alternatiewe buite die memorandum verskaf. Neem kennis dat
een kommentaar meer as een aspek kan aanspreek
15. Kodes: f = vreemde item; p = plasing/aanbieding.

Hierdie nasienriglyn bestaan uit 10 bladsye hierdie bladsy ingesluit.

 VRAAG 1
1.1 KONTANTONTVANGSTEJOERNAAL VAN VUSIMANI WINKELS – MEI 2023 KOJ5
Dok Dag Besonderhed Fo Ontleding Bank Verkop Koste Debiteurekontrole Diverse rekening
nr. e l van e van Ontvang- Korting Bedrag Fo Besonderhed
ontvangste
verkope ste toegestaan
l e
B/S 1 Vusi Manini 85 000  85 000 Kapitaal 

EFO 6 FFB Bank 100 000 100 000 Lening FFB

 Bank
KRR4 10 Verkope 22 680 22 680 22 12 600
680
KRR5 21 Verkope 16 920* 16 920 16 9 400
*dieselfde as
verkope
920

EFO 26 G. Gladys 6 348  6 348 420 

Dieselfde as
ontvangste

B/S 30 FFB Bank 128  128 Rente op

lopende
rekening
231
076

21

369
370
1.2 DEBITEUREJOERNAAL VAN VUSIMANI WINKELS - MEI 2023 DJ5
Dok Dag Debiteur Fol Verkope Koste van
Nr verkope
131 2 G. Gladys 5 940 3 300

132 15 N. Nickey 1 530 850

133 15 G. Gladys 1 152 640

8 622 * 4 790*
Een deel korrek Bewerking optel

1.3 DEBITEUREAFSLAGJOERNAAL VAN VUSIMANI WINKELS - MEI 2023 DAJ5

Dok Dag Debiteur Fol Debiteure- Koste van
Nr afslag verkope
12 7 G. Gladys 324 180

13 18 N. Nickey 135 75

459 * 255*
Een deel korrek Bewerking optel

TOTALE PUNTE

35

371
 372

VRAAG 2

2.1 Pas die AARP beginsel in KOLOM A by die korrekte verduideliking in

KOLOM B. Skryf slegs die letter (A – E) langs die korrekte vraagnommer
(2.1.1 – 2.1.4) in die ANTWOORDBOEK.

2.1.1 D 
2.1.2 C 
2.1.3 A 
4
2.1.4 B 

2.2 Toon die effek van die transaksies op die rekenkundige vergelyking.
Nr Rekening Rekening Rekeningkundige vergelyking
gedebiteer gekrediteer Bates Eienaars- Laste
belang
(i) Donasies Handelsvoorraad - 1 350 -1 350 0

(ii) Bank Verkope +1 200 +1 200 0

Koste van Handelsvoorraad - 900 - 900 0

verkope
(iii) Handelsvoorraad Krediteurekontrole +5 670 0 +5 670


(iv) Bank Debiteurekontrole +810 0 0

- 810 = #0
Korting Debiteurekontrole -40 -40 0
toegestaan
(v) Krediteurekontrole Handelsvoorraad -670 0 -670

21
Aanvaar #0 indien R810 in geen ander kolom voorkom

TOTALE PUNTE

25

372
 373

VRAAG 3

3.1 DEBITEUREVERSOENING
ESONDERHEDE DEBITEURE-
KONTROLE
Saldo 39 590
(i) – 3 600 
(ii) 0 
(iii) – 490 
(iv) – 5 600 
(v) -1 650 een punt – 1 650een punt – 3 300 
(vi) -3 600 + 6 300
+ 2 700 
(vii) +1 580 
Een deel korrek 30 880 
10

3.2 DEBITEURELYS OP 30 APRIL 2023:

DEBITEURE BEDRAG
A. Atkinson (13 580 – 5 800) 7 780 
G. Govender (5 600 – 5 600) 0 
12 370 
-3 600 een punt + 6 300 een punt

M. Mogoro (9 670 + 2 700)

T. Theron (12 450 – 1 650– 1 650 + 1 580) 10 730 
–3 300 twee punte
16
30 880 

3.3 Noem TWEE maniere om debiteure aan te moedig om hulle rekeninge

betyds te betaal.

Enige TWEE geldige punte  

 Gee korting vir voortydige betaling.

 Belas agterstallige rekeninge met rente.
 Stuur rekeningstate gereeld uit / 4
 Kontak debiteur per telefoon, e-pos, WhatsApp /Stuur herinneringe.

373
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VRAAG 4
ALGEMENE GROOTBOEK VAN LANGEHOVEN HANDELAARS
BANK
2023 1 Saldo 33 200 2023 31 Diverse 178 200
Mei a/b Mei rekeninge KOJ
Totale betaling
Diverse 174 000 Saldo 29 000
rekeninge KOJ a/d
Totale ontvangste 5
207 200 207 200
2023 1 Saldo a/b 29 000
Jun
Aanbieding -1 maks -2

DEBITEUREKONTROLE
2023 1 Saldo 70 000 2023 31 *Bank 63 000
a/b KOJ
Mei Mei
31 Verkope 72 900 *Korting 7 000
DJ KOJ
toegestaan
Kleinkas KKJ 95 Debiteure-afslag DAJ 3 150
Diverse 755 Diverse 125
rekeninge/ AJ rekeninge AJ
Joernaaldebiete /Joernaalkrediete
Saldo a/d 70 475
143 750 143 750
10
2023 1 Saldo a/b 70 475 * Bank en korting 70 000
Jun 2 punte

Aanbieding -1 maks -2

HANDELSVOORRAAD
2023 1 Saldo 88 945 2023 31 Koste van 60 000
a/b KOJ
Mei Mei verkope
31 Bank 81 000 Krediteurekontrol 30 000
KBJ KAJ
e
Krediteurekontrol 60 000 Koste van 48 600
KJ DJ
e verkope
Koste van 2 000 Saldo 94 545
DAJ a/d
verkope
Kleinkas KKJ 1 200
10
233 145 233 145
2023 1 Saldo a/b 94 545
Jun
Aanbieding -1 maks -2

374
 375

KREDITEUREKONTROLE
2023 31 Bank 45 500 2023 1 Saldo 62 000
KBJ b/d
Mei Mei
Korting ontvang 4 550 31 Diverse 98 000
KBJ rekeninge/ KJ
Totale aankope
Diverse 31 000
rekeninge /Totale KAJ
afslag
Saldo a/d 78 950
160 000 160 000 8
* Bank en korting 50 050 2023 1 Saldo a/b 78 950
2 punte Jun

Aanbieding -1 maks -2

4.2.1 Bereken die winsopslagpersentasie wat deur die onderneming

gehandhaaf is. Gebruik die bedrae in die Kontanontvangstejoernaal

90 000 – 60 000

30 000 / 60 000 x 100/1 = 50%  bewerking een deel korrek

3

4.2.2 Verduidelik die begrip “verdeling van pligte” as ‘n belangrike interne

kontrolemaatreël.

Enige aanvaarbare verduideliking

Werkers moet die werk tussen hulle verdeel.

Kontroleer mekaar se werk. 2

4.2.3 Noem EEN transaksie wat aan die debietkant en EEN transaksie wat
aan die kredietkant van die Debiteurekontrole grootboekrekening, wat
oorgeboek moet word vanaf die Algemene Joernaal. Dit moet TWEE
verskillende transaksies wees.

Debietkant Enige EEN transaksie

Belas met rente

Herstel fout
Dra ‘n debiteur met ‘n kredietsaldo oor na die krediteuregrootboek
Dra ‘n krediteur met ‘n debietsaldo oor na die debiteuregrootboek

375
 376

Kredietkant Enige EEN transaksie

Skryf af as oninbaar
Herstel fout
Dra ‘n debiteur met ‘n debietsaldo oor na die krediteuregrootboek
4
Dra ‘n krediteur met ‘n kredietsaldo oor na die debiteuregrootboek

4.2.4 Die onderneming het sy verskaffer van handelsvoorraad gedurende

Mei 2023 verander. Verskaf ‘n rede en ‘n bedrag waarom dit nie ‘n
goeie besluit was nie.

7 000 / 70 000 x 100 = 10%  een deel korrek

3

4.2.5 Die onderneming het sy verskaffer van handelsvoorraad gedurende

Mei 2023 verander. Verskaf ‘n rede en ‘n bedrag waarom dit nie ‘n
goeie besluit was nie.

Enige EEN rede  Bedrag 

Koop handelsvoorraad aan vir R60 000 en stuur R30 000 terug aan
verskaffer.
Send 50% se handelsvoorraad terug aan verskaffer. 3

4.2.6 Hoe kan die eienaar die saldo van die krediteurekontrolerekening
verifieer as korrek?

Kontroleer dit teenoor die lys van krediteure in die krediteuregrootboek 

TOTALE PUNTE

50

376
 377

VRAAG 5

5.1 Dui aan of die volgende stellings WAAR of ONWAAR is. Skryf slegs
‘waar’ of ‘onwaar’ langs die vraagnommer (5.1.1 – 5.1.4) in die
ANTWOORDBOEK

5.1.1 Waar 
5.1.2 Waar 
5.1.3 Onwaar 
5.1.4 Onwaar  4

5.2.1 Dui aan wat met Nosi Masango se posbeskrywing verkeerd is.
Enige EEN antwoord 

Gebrek aan interne kontrole

Niemand kontroleer Nosi se werk / Geen verdeling van pligte
2
Nosi vervul te veel pligte.

5.2.2 Noem TWEE interne beheermaatreëls wat aangespreek moet word in

Nosi se posbeskrywing.
Enige TWEE verduidelikings: Deelpunte vir onduidelike /onvolledige verduideliking  

Verdeling van pligte / Die persoon wat die geld ontvang moet verskil met
die een wat dit gaan deponeer.
Senior personeellid moet haar kontroleer.
Senior personeellid moet transaksies bv. EFO-betalings eers magtig.
4
Effektiewe beheer en toepassing van interne kontrole.

377
 378

SALARISJOERNAAL VAN MASANGO WINKELS VIR MEI 2023 SJ 5

Werknemer Bruto Aftrekkings EFO

salaris LBS
Mediese-
Pensioen WVF
Totale Netto nommer
fonds aftrekkings salaris
M. Seevnarain 16 500 3 960 1 450 1 320 165 6 895  9 605  222
T.Hall 15 000 3 300 1 950 1 200 150* 6 600  8 400  223
aanvaar
31 500 124,78 vir 13 495 18 005
beide werkers
* indien 1% van bruto

Werknemer Werkgewersbydrae Totale

Vaardigheids- bydrae
Mediesefonds Pensioen WVF
ontwikkeling

1 980 165 165 5 210 

M. Seevnarain 2 900#
Sien aftrekking
150& 150^ 6 000 
T.Hall 3 900# 1 800@
Sien aftrekking
aanvaar 124,78 vir
beide werkers
11 210 
#indien dubbel bedrag van werker @ indien 12% van bruto dieselfde as werker& ^ dieselfde as WVF

35
TOTALE PUNTE

45

378
 379

VRAAG 6
ALGEMENE JOERNAAL VAN RETHA HANDELAARS – 28 FEBRUARIE 2023

Debiteurekontrole
J/B Dag Besonderhede Fol Krediet Debiet Krediet
28 C. Callie 36
Indien dieselfde

Rente op agterstallige 36

debiteure
Belas met rente

Herstelwerk 
Grond en geboue  25 500
Herstel fout

Waardevermindering 
Opgehoopte waarde-  45 000
vermindering op voertuie
Opgehoopte waarde-  3 000 
vermindering op toerusting
Voorsien vir waardevermin-
dering vir die jaar
Kan verdeel in twee
aansuiwerings

TOTALE PUNTE

15

379
 380

ACCOUNTING

JUNE 2024

GRADE 10
MARKING GUIDELINE
MARKS: 200
MARKING PRINCIPLES:
1. Unless otherwise stated in the marking guidelines, penalties for foreign items are applied only if the
candidate is not losing marks elsewhere in the question for that item (no penalty for misplaced item). No
double penalty applied.
2. Penalties for placement or poor presentation (e.g. details) are applied only if the candidate is earning
marks on the figures for that item.
3. Unless otherwise stated, give full marks for correct answer. If answer is incorrect, mark workings.
4. If a pre-adjustment figure is shown as a final figure, allocate the part-mark for the working for that figure
(not the method mark for the answer). Note: if figures are stipulated in memo for components of workings,
these do not carry the method mark for final answer as well.
5. Unless otherwise indicated, the positive or negative effect of any figure must be considered to award the
mark. If no + or – sign or bracket is provided, assume that the figure is positive.
6. Where indicated, part-marks may be awarded to differentiate between differing qualities of answers from
candidates.
7. If candidates provide more that the required number of responses, inspect all responses to give benefit to
the candidate. Penalties may be applied for foreign entries if candidates earn full marks on a question
(max -2 per Q).
8. This memorandum is not for public distribution as certain items might imply incorrect treatment. The
adjustments made are due to nuances in certain questions.
9. Where penalties are applied, the marks for that section of the question cannot be a final negative.
10. Where method marks are awarded for operation, marker must inspect reasonableness of answer.
11. Operation means 'check operation'. 'One part correct' means operation and one part correct. Note: check
operation must be +, -, x, ÷, or per memo.
12. In calculations, do not award marks for workings if numerator & denominator are swapped – this also
applies to ratios.
13. In awarding method marks, ensure that candidates do not get full marks for any item that is incorrect at
least in part. Indicate with a .
14. Be aware of candidates who provide valid alternatives beyond the marking guideline. Note that one
comment could contain different aspects.
15. Codes: f = foreign item; p = placement/presentation.

This marking guideline consists of 10 pages.

QUESTION 1

1.1 Choose the correct description from COLUMN A to match the

380
 381

correct word(s) in COLUMN B.

1.1.1 D  Assets
1.1.2 A  Current Liabilities
1.1.3 E  Mortgage Loan
1.1.4 B  Owner’s Equity
1.1.5 C  Source documents 5

1.2 ACCOUNTING EQUATION

Account Account Owner’s
No. Assets Liabilities
debited credited equity
Rent Bank -
(i) expense 45 - 450
0

Drawings Bank -5
(ii) - 5 200
200

Trading Creditors +12

(iii) stock Control 50 0 +12 500
0

(iv) Debtors
Sales +18 000 +18 000
control
Cost of Trading
- 15 000 - 15 000
sales stock

Fixed ± 85
(v) Bank 0
deposit 000
Interest on 25
Bank fixed +2 600 +2 600
deposit

TOTAL MARKS
30

381
 382

QUESTION 2
2.1.1 Name the relevant source document for each journal:
Creditors Journal Original invoice

Creditors allowances Journal Debit note

2

2.1.2 GENERAL LEDGER OF BLOEM SUPPLIERS

DR BANK CR 5
Sundry 2024
2024 May
May
31 accounts/ CRJ 99 800 1 Balance b/d 4 600
Total receipts
Sundry account/
31 CPJ 90 400
Total payments
Balance c/d 4 800
99 800  both 99 800
June 1 Balance b/d 4 800

one mark if line is correct (details, fol. and amount)

DR TRADING STOCK CR
2024 2024
May 1 Balance b/d 45 000 May
31 Cost of Sales CRJ 45 000 11
31
Bank CPJ 46 000 Cost of Sales DJ 43 200

Cost of Creditors
DAJ 1 860 CAJ 1 520
Sales Control
Creditors CJ 55 000 Drawings GJ 4 590
Control
Petty Cash PCJ 240 Balance c/d 53 790

148 100  both 148 100

June 1 Balance b/d 53 790
one mark if line is correct (details, fol. and amount)
DR CREDITORS CONTROL CR
2024 2024
May
31 Bank CPJ 33 700 May
1 Balance b/d 76 000
31 Sundry
Discount CPJ 2 950 accounts/ CJ 87 000
Received
Total purchases
Sundry
Sundry accounts
Accounts/ CAJ 3 700 GJ 750
Journal credits
Total returns
Sundry
accounts/ GJ 190 9
Journal
debits
Balance c/d 123 210
163 750  both 163 750
June 1 Balance b/d 123 210
one mark if line is correct (details, fol. and amount)

382
 383

DR SALES CR
2024
May
1 Total b/d 93 160 4
31 Bank CRJ 67 500

Debtors control DJ 51 840

212 500

one mark if line is correct (details, fol. and amount)

DR STATIONERY CR
2024 2024 Creditors 7
1 Total b/d 13 750 May 31 CAJ 400
May Control 
31 Bank CPJ 9 400 Total c/d 35 250
Creditors CJ 12 500
Control
35 650 35 650
June 1 Total b/d 35 250
one mark if line is correct (details, fol. and amount)

2.1.3 Provide TWO transactions/reasons for the R575 on the debit side of the
debtors' control in the General Journal.

Any TWO  

 Charge the debtor with interest.

 Transfer a debtor with a credit balance to the creditors' ledger.
 Rectify an error. 4
 Transfer a creditor with a debit balance to the debtors’ ledger

383
 384

2.2 Didi Fashions receives cash over the counter, places it in a cash register and
record the receipts in the books. When doing the balancing of the cash
register, there is often a huge difference compared with the cash reflected in
the books of Didi Fashions for the day.
2.2.1 What could be the cause behind this difference?
 Possible theft/Incorrect change given to customers / Mistakes with recording
of transactions
2.2.2 Suggest THREE internal control measures to prevent this in the future.

Any 3 valid points   Part marks for unclear/incomplete explanations

 Make daily deposits

 Background check of employees/ person handling cash must be trustworthy
 Establish segregation of duties, cashier can’t record the transactions (must explain)
 Encourage customers to make EFT/card payments 8
 Large amounts of cash could be transported by a security company.
 Cashiers must be kept liable for cash up differences after their shifts.
 Cash register must be kept in a safe area away from the exits to the business.

TOTAL MARKS
50

384
 385

QUESTION 3

3.1.1 Calculate the correct balance for the Debtors Control Account for
March 2024 by using a ” +” sign for an increase, a ” -” for a decrease
and a ”0” for no effect.

Debtors control account balance R64 280

(i) + 3 850 
(ii) OR – 1 4 400 one mark – 500 one mark – 14 900 
(iii) – 2 250 
(iv) 0 
(v) + 234 
(vi) OR – 2 350 one mark – 2 350 one mark – 4 700 
(vii) 0 
46 514 
11
*one part correct

3.1.2 Prepare the correct Debtors List for March 2024.

– 14 400 one mark – 500 one mark

M. Supra (14 900 – 14 900 0 *

M. Mokoatsi (7 800+ 234 see above 8 034 *

L. Lindos (26 530+ 180– 3 900 22 810 *
- 2 350 one mark - 2 350 one mark
B. Oelofse (16 470– 4 700+ 3 900 15 670 *

operation one part correct

46 514 *
16
*one part correct

3.1.3 Name THREE advantages of EFT payment.

Any THREE advantages   

 Less fraud
 Convenient or easy to use
 Cheaper bank charges
 Can be done from business; not restricted to business hours / time-saving
 Payment/receipts are instant / account is updated immediately / no long
queues to deal with 3

TOTAL MARKS
30

385
Gr 10: Accounting 386 FS/June 2024

QUESTION 4

CASH RECEIPTS JOURNAL OF KETSIMORE TRADERS FOR MAY 2024 CRJ 5

Analysis Debtor’s control Sundry accounts
Doc. Cost of
Day Details Fol of Bank Sales Discount
No. sales Receipts Amount Fol Details
receipts allowed
Loan: ASA
B/S 1 ASA Bank 150 000 150 000
Bank
CRT 6 Sales 22 350 22 350 22 350 14 900
BS 15 Dregan 11 500 11 500 Rent income
BS 24 J. Bond 6 400 6 400 550
BS 30 K. Ketsi 90 000 90 000 Capital
Interest on cur-
B/S 31 Leone Bank 215 215
rent account 
280 465 22 350 14 900 6 400 550 251 715

TOTAL MARKS
25
 Gr 10: Accounting 387
FS/June 2024
Marking guideline

QUESTION 5

5.1.1 Fill in the missing amounts in the table denoted by (i) – (iii)

YEAR ANNUAL SALARY

2017 84 000
2018 (i) 92 400 
2019 100 800
2020 (ii) 113 400 
2021 126 000
2022 (iii) 138 600 
2023 158 500
2024 178 400 6

What was Nko’s monthly starting salary?

84 000/12 = R7 000
2

5.1.2 Provide ONE reason why Carl earn R20 per hour more than Tromp on
normal time.
Any ONE reason 

 Work more years for the business.

 Higher salary scale
 More experienced 2
 Better qualified
 More responsibilities

Provide ONE reason why Tromp pay R150 more than Carl towards
the medical aid.
Any ONE reason 

 He is on a more expensive medical plan.

 He has more dependants on the medical plan.
 He is a high-risk patient for the medical aid, e.g. history of heart 2
diseases.

387
 Gr 10: Accounting 388 FS/June 2024
Marking guideline

5.1.2 WAGES JOURNAL OF NONTI TRADERS FOR WEEK - ENDED 26 MAY 2024

EMPLOYEE NORMAL TIME OVERTIME GROSS DEDUCTIONS NET

WAGE WAGE
Hrs Tariff Amount Hrs Tariff Amount Pen. fund UIF Med Aid PAYE Total
G. Carl 45 80 3 600 5 120 600 4 200 288 42 300 504 1 134 3 066
    *     * *
L. Tramp 45 60 2 700 3 90 270 2 970 216 29 450 297 992 1 978
    *     * *
*one part correct

EMPLOYEE EMPLOYER’S CONTRIBUTION

SDL Pen. fund UIF Total
G. Carl 42 432 42 516
  
L. Tramp 29 324 29 382
  

28

TOTAL MARKS
40

Copyright reserved Please turn over

 Gr 10: Rekeningkunde 389
FS/Junie 2024
Nasienriglyn

QUESTION 6

6.1 Indicate which of the following GAAP principles would be applied:

A Historical cost 
B Business entity 
C Matching 
D Going concern 
E Materiality  5

6.2 GENERAL JOURNAL OF POLLIE STORES – 29 FEBRUARY 2024

DEBTORS CONTROL
Debit Credit Debit Credit
Feb 28 Bad debts  850
G. Pelo  850 850
Account written off
Stationery  100
Consumable Stores  100
Error corrected
W. Heyns  150 150
Interest on overdue 150
accounts 
Interest charged
S. Else  300 300
B. Els  300 300
Error corrected
450* 1 150*
20
One part correct

TOTAL MARKS
25

TOTAL: 200

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 Gr 10: Rekeningkunde 390
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REKENINGKUNDE

JUNIE 2024 – EKSAMEN

GRAAD 10
NASIENRIGLYN
PUNTE: 200
NASIENBEGINSELS:
1. Tensy anders vermeld in die nasienriglyne, word boetes vir buitelandse items slegs toegepas indien die
kandidaat nie punte elders in die vraag vir daardie item verloor nie (geen boete vir misplaaste item). Geen
dubbele boete toegepas nie.
2. Boetes vir plasing of swak aanbieding (bv. besonderhede) word slegs toegepas indien die kandidaat
punte op die syfers vir daardie item verdien.
3. Tensy anders vermeld, gee volpunte vir korrekte antwoord. As antwoord verkeerd is, merk bewerkings.
4. As 'n vooraanpassingsyfer as 'n finale syfer getoon word, ken die deelpunt toe vir die bewerking vir
daardie syfer (nie die metodepunt vir die antwoord nie). Let wel: as syfers in memo gestipuleer word vir
komponente van bewerkings, dra dit nie ook die metodepunt vir finale antwoord nie.
5. Tensy anders aangedui, moet die positiewe of negatiewe effek van enige syfer oorweeg word om die
punt toe te ken. Indien geen + of – teken of hakie verskaf word nie, neem aan dat die syfer positief is.
6. Waar aangedui, kan deelpunte toegeken word om te onderskei tussen verskillende kwaliteite van
antwoorde van kandidate.
7. Indien kandidate meer as die vereiste aantal antwoorde verskaf, inspekteer alle antwoorde om voordeel
vir die kandidaat te gee. Boetes kan vir buitelandse inskrywings toegepas word indien kandidate volpunte
op 'n vraag verdien (maks. -2 per Q).
8. Hierdie memorandum is nie vir publieke verspreiding nie, aangesien sekere items verkeerde behandeling
kan impliseer. Die aanpassings wat gemaak is, is as gevolg van nuanses in sekere vrae.
9. Waar strawwe toegepas word, kan die punte vir daardie afdeling van die vraag nie 'n finale negatief wees
nie.
10. Waar metodepunte vir bewerking toegeken word, moet nasiener die redelikheid van antwoord ondersoek.
11. Operasie beteken 'kontroleer werking'. 'Een deel korrek' beteken werking en een deel korrek. Let wel:
kontroleerbewerking moet +, -, x, ÷ of per memo wees.
12. In berekeninge, moenie punte vir bewerkings toeken as teller en noemer omgeruil word nie – dit geld ook
vir verhoudings.
13. By die toekenning van metodepunte, maak seker dat kandidate nie volpunte kry vir enige item wat ten
minste gedeeltelik verkeerd is nie. Dui aan met a.
14. Wees bewus van kandidate wat geldige alternatiewe buite die nasienriglyn verskaf. Let daarop dat een
opmerking verskillende aspekte kan bevat.
15. Kodes: f = buitelandse item; p = plasing/aanbieding.

Hierdie nasienriglyn bestaan uit 10 bladsye.

VRAAG 1

1.1 Kies die korrekte beskrywing uit KOLOM A om by die

korrekte woord(e) in KOLOM B te pas.

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Nasienriglyn

1.1.1 D 
1.1.2 A 
1.1.3 E 
1.1.4 B 
1.1.5 C  5

1.2 REKENINGKUNDIGE VERGELYKING

Rekening Rekening Eienaars
Nr. Bates Laste
gedebiteer gekrediteer -belang
(i) Huur uitgawe Bank - 450 - 450

(ii) Onttrekkings Bank - 5 200 - 5 200

Handels- Krediteure-
(iii) +12 500 0 +12 500
voorraad kontrole

(iv) Debiteure-
Verkope +18 000 +18 000
kontrole
Koste van Handels-
- 15 000 - 15 000
verkope voorraad

Vaste ± 85 000
(v) Bank 0
deposito 
Rente op
Bank vaste +2 600 +2 600
deposito

25

TOTALE PUNTE
30

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 Gr 10: Rekeningkunde 392
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Nasienriglyn

VRAAG 2

2.1.1 Noem die relevante brondokument vir elke joernaal.

Krediteurejoernaal Oorspronklike faktuur 
Krediteure-afslagjoernaal Debietnota  2

2.1.2 ALGEMENE GROOTBOEK VAN BLOEM VERSKAFFERS

DT BANK KT 5
2024
Diverse eke- 2024
31 ning / Totale KOJ 99 800 1 Saldo a/b 4 600
Mei Mei
ontvangste
Diverse rekening /
31 KBJ 90 400
Totale betalings
Saldo a/d 4 800
99 800  albei 99 800
Jun 1 Saldo a/b 4 800
Een punt as die lyn korrek is ( besonderhede en bedrag)
DT HANDELSVOORRAAD KT
202
2024
1 Saldo a/b 45 000 4 31
Koste van KOJ 45 000
11
Mei Mei verkope

Koste van
31 Bank KBJ 46 000 DJ 43 200
verkope
Koste van Krediteure-
DAJ 1 860 KAJ 1 520
verkope kontrole
Krediteure- KJ 55 000 Onttrekkings AJ 4 590
kontrole
Kleinkas KKJ 240 Saldo a/d 53 790
148 100  beide 148 100
Junie 1 Saldo a/b 53 790
Een punt as die lyn korrek is ( besonderhede en bedrag)
DT KREDITEUREKONTROLE KT
2024 2024
31 Bank KBJ 33 700 1 Saldo a/b 76 000
Mei Mei
Korting Diverse reke-
KBJ 2 950 KJ 87 000
ontvang ninge / aankope
Diverse rek / Diverse reke-
Diverse KAJ 3 700 ninge / Joernaal AJ 750
terugsen. krediete
Diverse
rekeninge/ AJ 190
Joernaal 9
debiete
Saldo a/d 123 210
163 750  beide 163 750
Junie 1 Saldo a/b 123 210
Een punt as die lyn korrek is ( besonderhede en bedrag)

DT VERKOPE KT

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 Gr 10: Rekeningkunde 393
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Nasienriglyn

2024
1 Totaal a/b 93 160 4
Mei

31 Bank KOJ 67 500

Debiteure- DJ 51 840
kontrole
bewerking 212 500

Een punt as die lyn korrek is ( besonderhede en bedrag)

DT SKRYFBEHOEFTES KT
2024 2024 Krediteure- 7
1 Totaal a/b 13 750 May 31 KAJ 400
Mei kontrole 
31 Bank KBJ 9 400 Totaal 35 250
Krediteure KJ 12 500
-kontrole
35 650 35 650
June 1 Totaal 35 250
Een punt as die lyn korrek is ( besonderhede en bedrag)

2.1.3 Verskaf TWEE transaksies/redes vir die R575 aan die debietkant van
die debiteurekontrole in die algemene joernaal.

Enige TWEE   Deelpunte vir onduidelike/onvolledige verduidelikings

 Belas die debiteur met rente. 4

 Dra 'n debiteur met 'n kredietsaldo oor na die krediteuregrootboek.
 Herstel ‘n fout.
 Dra ‘n krediteur met ‘n debietsaldo oor na die debiteuregrootboek.

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 Gr 10: Rekeningkunde 394
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Nasienriglyn

2.2 Didi Fashions ontvang kontant onmiddellik oor die toonbank, teken
dit aan plaas dit in 'n kasregister. Wanneer die kontant uit die
kasregister gekontroleer word, is daar 'n groot verskil in vergelyking
met die kontant wat in die boeke van Didi Fashions weerspieël word.
2.2.1 Wat kan die oorsaak vir hierdie verskil wees?
 Moontlike diefstal / Verkeerde kleingeld gee aan kliënte / foute met
optekening van transaksies 
2.2.2 Stel DRIE interne kontrolemaatreëls voor om hierdie oorsaak in
die toekoms te voorkom

Enige 3 geldige punte   Deelpunte vir onduidelike/onvolledige verduidelikings

 Deponeer daagliks
 Agtergrondskontrolering van werkers/persoon wat kontant hanteer moet
betroubaar wees.
 Bewerkstellig verdeling van pligte. Kassier kan nie transaksies boekstaaf nie
 Moedig kliënte aan om EFO-betalings te maak / Kaartbetalings
 Groot bedrae kontant kon deur 'n sekuriteitsmaatskappy vervoer word
 Kassiere moet aanspreeklik gehou word vir kontanttekorte om op te
kas na hul skofte. 8
 Kasregisters moet op ‘n veilige afstand van uitgange wees.

TOTALE PUNTE
50

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 Gr 10: Rekeningkunde 395
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Nasienriglyn

VRAAG 3

3.1.1 Bereken die korrekte saldo vir die Debiteurekontrolerekening vir

Maart 2024 deur “+” teken te gebruik vir 'n verhoging, 'n " -" vir 'n
afname en "0" vir geen effek.

Saldo van Debiteurekontrolerekening R64 280

(i) + 3 850 
(ii) OF – 1 4 400een punt– 500een punt – 14 900 
(iii) – 2 250 
(iv) 0 
(v) + 234 
(vi) OF – 2 350een punt– 2 350een punt – 4 700 
(vii) 0 
bewerking een deel korrek 46 514 *
11
*een deel korrek

3.1.2 Stel die korrekte Debiteurelys vir Maart 2024 op.

– 14 400 een punt – 500 een punt

M. Supra(14 900 – 14 900 0 *

M. Mokoatsi(7 800+ 234 sien hierbo 8 034 *

L. Lindos(26 530+ 180– 3 900 22 810 *
- 2 350een merk- 2 350een punt
B. Oelofse(16 470– 4 700+ 3 900 15 670 *
bewerking een deel korrek 46 514 *
*een deel korrek 16

3.1.3 Noem DRIE voordele van EFO-betalings.

Enige DRIE voordele   

 Minder bedrog
 Gerieflik of maklik om te gebruik
 Goedkoper bankkoste
 Kan vanuit besigheid gedoen word; nie beperk tot besigheidsure /
tydbesparing nie
 Betaling/ontvangstes is onmiddellik / rekening word onmiddellik
opgedateer / geen lang toue om te hanteer nie 3

TOTALE PUNTE
30

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Gr 10: Rekeningkunde 396 FS/Junie 2024
Nasienriglyn

VRAAG 4

KONTANTONTVANGSTEJOERNAAL VAN KETSIMORE-HANDELAARS VIR MEI 2024 KOJ 5

Debiteurekontrole Diverse rekeninge
Ontleding Koste
Dok. Besonder- Ver- Korting-
Dag Fol van Bank van Ontvang-
Nr. hede ontvangste kope toege- Bedrag Fol Besonderhede
verkope ste
staan
150 000 150 000 Lening:ASA
B/S 1 ASA Bank
  Bank
22 350 22 350 14 900
CRT 6 Verkope 22 350
  
11 500 11 500
BS 15 Dregan Huurinkomste
 
6 400 6 400 550
BS 26 J. Bond
  
90 000 90 000
BS 30 K. Ketsi Kapitaal
 
215 215 Rente op lop.
B/S 31 Leone Bank
  rek
14
280 465 22 350 6 400 550 251 715
900

TOTALE PUNTE

25

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 Gr 10: Rekeningkunde 397
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Nasienriglyn

VRAAG 5

5.1.1 Vul die ontbrekende bedrae in die tabel aangedui deur (i) – (iii) in

JAAR JAARLIKSE SALARIS

2017 84 000
2018 (i) 92 400 
2019 100 800
2020 (ii) 113 400 
2021 126 000
2022 (iii) 138 600 
2023 158 500
2024 178 400 6

Wat was Nko se maandelikse beginsalaris?

84 000/12 = R7 000
2

5.1.2 Verskaf EEN rede waarom Carl R20 per uur meer verdien as Tromp
op normale tyd.
Enige EEN rede 

 Werk meer jare vir die besigheid. 2

 Hoër salarisskaal
 Meer verantwoordelikhede
 Meer ervaring
 Beter gekwalifiseerd

Verskaf EEN rede waarom Tromp R150 meer as Carl aan die mediese
fonds betaal.
Enige EEN rede 

 Hy is op 'n duurder mediese plan. 2

 Hy het meer afhanklikes van die mediese plan
 Is ‘n hoë risiko pasiënt vir die mediesefonds bv. Geskiedenis van ‘n
hart kondisie

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Gr 10: Rekeningkunde 398 FS/Junie 2024
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5.1.2 LOONJOERNAAL VAN NIE-HANDELAARS VIR WEEK GEËINDIG OP 26 MEI 2024

WERKNEMER NORMALE TYD OORTYD BRUTO AFTREKKINGS NETTO

LOON LOON
Uur Tarief Bedrag Uur Tarief Bedrag Pen. WVF Mediese LBS Totaal
fonds Fonds
G. Carl 45 80 3 600 5 120 600 4 200 288 42 300 504 1 134 3 066
    *     * *
L. Tromp 45 60 2 700 3 90 270 2 970 216 29 450 297 992 1 978
    *     * *
* een deel korrek

WERKNEMER WERKGEWERSBYDRAE

SDR Pen. WVF Totaal

fonds
G. Carl 42 432 42 516
  
L. Tromp 29 324 29 382
   28

TOTALE PUNTE
40

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 399

VRAAG 6

6.1 Dui aan watter van die volgende AARP-beginsels toegepas sal word:
A Historiese koste 
B Besigheidsentiteit 
C Parings 
D Lopende saak 
E Wesenlikheid  5

6.2 ALGEMENE JOERNAAL VAN POLLIE-WINKELS – 29 FEBRUARIE 2024

DEBITEUREKONTROLE
Debiet Krediet Debiet Krediet
28 Feb Oninbare skuld  850
G. Pelo  850 850
Skryf af as oninbaar
Skryfbehoeftes  100
Verbruiksgoedere  100
Regstelling van fout
W. Heyns  150 150
Rente op agter- 150
stallige rekeninge 
Belas met rente
S. Else  300 300
B. Els  300 300
Regstelling van fout
450* 1 150*
Een deel korrek

20

TOTALE PUNTE
25

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