# Accounting Grade 11 North West June 2018 Addendum > Grade 11 Accounting addendum from the North West June 2018, 15 pages. Read online or get the free PDF download. - Page: https://www.hlayiso.com/library/accounting-gr-11-answer-book/5847891e-18c8-4258-b323-7635fefb242f - Updated: 2026-09-27 - Subject: Accounting - Grade: Grade 11 - Document type: Addendum - Year: 2018 - Exam period: North West June - Curriculum: CAPS - Pages: 15 Breadcrumbs: [Home](https://www.hlayiso.com/) › [Library](https://www.hlayiso.com/library) › [Grade 11](https://www.hlayiso.com/library/grade-11) › [Accounting](https://www.hlayiso.com/library/grade-11/accounting) › [Accounting Grade 11 North West June 2018 Addendum](https://www.hlayiso.com/library/accounting-gr-11-answer-book/5847891e-18c8-4258-b323-7635fefb242f) ## About this document Accounting · Grade 11 · North West June · 2018. Addendum, 15 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 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 PROVINCIAL ASSESSMENT GRADE 11 ACCOUNTING JUNE 2018: ANSWER SHEET MARKS: 300 LEARNER’S NAME...................................................................................................... NAME OF SCHOOL.................................................................................................... QUESTION MARKS INITIALS MODERATOR 1 2 3 4 5 6 TOTAL This answer book consists of 15 pages Demo NW/JUNE/ACCNG/ EMIS/6******* Page 1 of 15 ### Page 2 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 QUESTION 1: 1.1 What is the purpose of bank reconciliation? 2 1.2 1.2.1 1.2.2 1.2.3 1.2.4 4 1.3 1.3.1 CASH RECEIPTS JOURNAL CASH PAYMENTS JOURNAL Provisional totals 62 800 Provisional totals 109 600 Demo NW/JUNE/ACCNG/ EMIS/6******* Page 2 of 15 ### Page 3 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 BANK BALANCE: 14 1.3.2 BANK RECONCILIATION STATEMENT ON 31 MARCH 2018 OR BANK RECONCILIATION STATEMENT ON 31 MARCH 2018 2 30 Demo NW/JUNE/ACCNG/ EMIS/6******* Page 3 of 15 ### Page 4 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 QUESTION 2: 2.1 Why must the balance of the Creditors’ Control Account in the General Ledger be the same as the total of the Creditors List in the Creditors Ledger 2 2.2 & 2.3 No. Balance Creditors Control Creditors List A A B C D E F G 23 Demo NW/JUNE/ACCNG/ EMIS/6******* Page 4 of 15 ### Page 5 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 2.4 2.4.1 Quick has asked you to comment on the internal control system he has in place. Are they adequate? Give Two points 5 2.4.2 Is the salesman incompetent or guilty of fraud? What action could be taken against him in either case? 5 30 Demo NW/JUNE/ACCNG/ EMIS/6******* Page 5 of 15 ### Page 6 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 QUESTION 3: 3.1 3.1.1. 3.1.2. 3.1.3. 3.1.4. 3.1.5. 5 3.2.1 Asset Disposal 8 Demo NW/JUNE/ACCNG/ EMIS/6******* Page 6 of 15 ### Page 7 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 3.2.2 FIXED ASSET NOTE Land and Vehicles Equipment buildings Carrying value at the beginning 247 500 Cost (1 March 2017) 800 000 450 000 Accumulated depreciation(1 March 207) (70 000) Movement Additions on cost Disposal at carrying value (0) (92 160) Depreciation for the year Carrying value at the end Cost Accumulated depreciation 22 35 Demo NW/JUNE/ACCNG/ EMIS/6******* Page 7 of 15 ### Page 8 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 QUESTION 4: 4.1.1 Income Statement of Golden Poppy Traders for the ended 30 June 2017 Sales (1193000 Cost of Sales (668000 Gross profit Other operating income Rent income Discount received Provision for bad debts adjustments Gross income Operating expenses Salaries and Wages Insurance Packing Material Repairs and maintenance Water and Electricity Bad Debts Sundry Expenditure Depreciation Trading Stock deficit Operating profit before interest expenses Interest Income Operating Profit before interest expense Interest expenditure 53 Demo NW/JUNE/ACCNG/ EMIS/6******* Page 8 of 15 ### Page 9 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 4.1.2. Trade and other Payables 17 70 Demo NW/JUNE/ACCNG/ EMIS/6******* Page 9 of 15 ### Page 10 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 QUESTION 5 5.1 GENERAL LEDGER OF BIG BROTHER TRADING ON 28 FEB 2018 Appropriation 2018 28 2018 28 Feb Feb 17 5.2 5.2.1.1 Acid test Ratio 4 5.2.1.2 Stock turnover Rate 5 Demo NW/JUNE/ACCNG/ EMIS/6******* Page 10 of 15 ### Page 11 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 5.2.1.3 Debt/equity ratio 4 5.2.1.4 Percentage return earned by Aaron 6 5.2.2 9 Demo NW/JUNE/ACCNG/ EMIS/6******* Page 11 of 15 ### Page 12 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 5.2.3 12 5.2.4 5 5.2.5 1 8 70 Demo NW/JUNE/ACCNG/ EMIS/6******* Page 12 of 15 ### Page 13 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 Question 6 6.1 Statements of receipts and payments Mubs Football club for the year ended 31 December 2018 RECEIPTS PAYMENTS Cash Surplus 27 Demo NW/JUNE/ACCNG/ EMIS/6******* Page 13 of 15 ### Page 14 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 6.2 6.2.1 a. Annual Dance b. Refreshments 10 6.2.2 4 6.2.3 6 Demo NW/JUNE/ACCNG/ EMIS/6******* Page 14 of 15 ### Page 15 Downloaded from hlayiso.com Accounting Grade 11-Answer book NW/June 2018 6.2.4 a. b. c. d. 9 6.2.5 4 60 [300] Demo NW/JUNE/ACCNG/ EMIS/6******* Page 15 of 15 ## Related documents - [Accounting GR 11 MEMO](https://www.hlayiso.com/library/accounting-gr-11-memo/cf21a71c-9bf2-422e-9358-d5c78f6f4cbe) — Accounting · Memo · 2018 - [ACCOUNTING GR11 ANSWER BOOK NOV2018 Afr D](https://www.hlayiso.com/library/accounting-gr11-answer-book-nov2018-afr-d/bee81619-bc94-42c7-877f-50fc4561c388) — Accounting · Addendum · 2018 · Afr - [ACCOUNTING GR11 ANSWER BOOK NOV2018 Eng D](https://www.hlayiso.com/library/accounting-gr11-answer-book-nov2018-eng-d/8b6e47b8-2f1d-4069-897b-bf716dbd25e5) — Accounting · Addendum · 2018 · Eng - [Gr11 Acc November 2018 Question Paper Answer Book](https://www.hlayiso.com/library/gr11-acc-november-2018-question-paper-answer-book/f305fcc6-4b02-4d69-b15e-acef50c48451) — Accounting · Addendum · 2018 - [ACCOUNTING GR11 MEMO NOV2018 Afrikaans](https://www.hlayiso.com/library/accounting-gr11-memo-nov2018-afrikaans/d1eee2f9-205d-4f4b-b09d-c4b23b38999f) — Accounting · Memo · 2018 · Afr - [ACCOUNTING GR11 QP NOV2018 Afr D](https://www.hlayiso.com/library/accounting-gr11-qp-nov2018-afr-d/3944960b-5627-4a6e-8072-d8ac52131d55) — Accounting · QP · 2018 · Afr ## More from Grade 11 Accounting - [GR11 Accounting Practice exam November Paper 1](https://www.hlayiso.com/library/gr11-accounting-practice-exam-november-paper-1/a786fffb-f00d-472f-a62b-80f038063c5b) — Guide - [Grade 11 Accounting P2 November 2026 Mock](https://www.hlayiso.com/library/grade-11-accounting-2026-november-mock-exam-question-paper-paper-2/23b01a3d-4c7f-4c08-87ca-2f521d5b13fd) — QP · 2026 · Eng - [ACCOUNTING P2 MEMO GR11 NOV 2025 ENG watermark](https://www.hlayiso.com/library/accounting-p2-memo-gr11-nov-2025-eng-watermark/7aa479bf-34d0-4240-934b-67a2f33e2597) — Memo · 2025 · Eng - [ACCOUNTING P2 MEMO GR11 NOV 2025 AFR watermark](https://www.hlayiso.com/library/accounting-p2-memo-gr11-nov-2025-afr-watermark/a92dc10a-0d2e-42d6-9cd3-ff78b0e78afe) — Memo · 2025 · Afr - [ACCOUNTING ANS BOOK GR11 NOV 2025 ENG watermark](https://www.hlayiso.com/library/accounting-ans-book-gr11-nov-2025-eng-watermark/23071d73-1633-476d-9eea-a35d45360d61) — QP · 2025 · Eng - [ACCOUNTING P1 GR11 QP NOV2025 Afrikaans watermark](https://www.hlayiso.com/library/accounting-p1-gr11-qp-nov2025-afrikaans-watermark/12583458-757b-44ed-b818-66dccc55c934) — QP · 2025 · Afr ## Collection - [Grade 11 past papers](https://www.hlayiso.com/grade-11/past-papers) --- Hlayiso: free CAPS and IEB past papers, memos, notes and study guides for South African learners. 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