# Accounting Grade 11 Paper 1 North West June 2019 Addendum

> Grade 11 Accounting Paper 1 addendum from the North West June 2019, 6 pages. Read online or get the free PDF download.

- Page: https://www.hlayiso.com/library/accounting-gr-11-answer-book-p1/e41f1404-5e29-4148-abe0-1684a72029d6
- Updated: 2026-09-27
- Subject: Accounting
- Grade: Grade 11
- Document type: Addendum
- Year: 2019
- Exam period: North West June
- Paper: 1
- Curriculum: CAPS
- Pages: 6

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## About this document

Accounting · Grade 11 · North West June · 2019. Addendum, 6 pages. Read online or download the PDF.

Read it free online on the page above; download the PDF from there.

## Document text

Text extracted from the PDF. Layout, diagrams and tables may not survive extraction.

### Page 1

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Accounting                                 Grade 11-Answer booklet                                 NW/June 2019

                               PROVINCIAL ASSESSMENT

                                              GRADE 11

                                               ACCOUNTING:
                                                  PAPER 1
                                                 JUNE 2019
                                               Answer booklet

MARKS: 150

LEARNER’S NAME......................................................................................................

NAME OF SCHOOL....................................................................................................

             QUESTION            MARKS                       INITIALS                    MODERATOR

                     1

                     2

                     3

                TOTAL

      This answer booklet consists of 06 pages.

                    Demo

                                   NW/JUNE/ACCNG/ EMIS/6*******                     Page 1 of 6

### Page 2

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Accounting                 Grade 11-Answer booklet                 NW/June 2019

QUESTION 1:
1.1  Choose an example from COLUMN B that matches a concept
     COLUMN A.

             1.1.1
             1.1.2
             1.1.3
             1.1.4
             1.1.5
                                                                           5
1.2   KELISH TRADERS
  INCOME STATEMENT FOR THE YEAR ENDED ON 28 FEBRUARY 2019

                                                                          55

                                     60
              Demo

                     NW/JUNE/ACCNG/ EMIS/6*******    Page 2 of 6

### Page 3

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Accounting                 Grade 11-Answer booklet                    NW/June 2019

QUESTION 2:

2.1.1 CAPITAL                            RUTH        SEGOMOTSI         TOTAL

                                                                                8

2.1.2 CURRENT ACCOUNT                     RUTH       SEGOMOTSI          TOTAL

                                                                              30

              Demo

                     NW/JUNE/ACCNG/ EMIS/6*******       Page 3 of 6

### Page 4

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 Accounting                    Grade 11-Answer booklet                 NW/June 2019

 2.2 Accounting equation

                 Assets                        Equity            Liabilities
 E.g
                     – 500                     – 500                   0

                                                                                12

                                          50

QUESTION 3    PARTNERSHIPS–LEDGER ACCOUNTS AND INTERPRETATION

 3.1      GENERAL LEDGER OF LEMON BLOSSOM TRADERS
                    CURRENT ACCOUNT: BROOKLYN

                                                                               9

              Demo

                         NW/JUNE/ACCNG/ EMIS/6*******    Page 4 of 6

### Page 5

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Accounting                        Grade 11-Answer booklet                 NW/June 2019

3.2.1   Acid test ratio

                                                                                  4

3.2.2   Debt/equity ratio

                                                                                  3

3.2.3   Percentage return earned by the partners

                                                                                  7
3.3     The partners are concerned about the liquidity position of the
        business. Explain why they feel this way. Quote TWO financial
        indicators (with figures) to support your explanation.

                                                                                   6

               Demo

                            NW/JUNE/ACCNG/ EMIS/6*******    Page 5 of 6

### Page 6

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Accounting                   Grade 11-Answer booklet                 NW/June 2019

3.4    Comment on the percentage return earned by Partner Lebrin.
       Should he be satisfied with this percentage? Explain, quoting
       relevant financial indicators with figures.

                                                                             5

3.5    Partner Brooklyn feels that the business should increase the
       loan. Partner Lebrin is not keen to incur more debt. Briefly
       explain who you would support. Provide TWO financial
       indicators (with figures) to motivate your choice.

                                                                             6

                                         40
                                                                     TOTAL: 150

             Demo

                       NW/JUNE/ACCNG/ EMIS/6*******    Page 6 of 6

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