# Accounting Grade 12 Eastern Cape Mock 2019 QP (Eng) > Grade 12 Accounting question paper from the Eastern Cape Mock Exam 2019 (English), 19 pages. Read online or download the free PDF. - Page: https://www.hlayiso.com/library/accounting-gr12-qp-sept-2019-english/d8e6f12d-1abd-4daa-97d0-1c2f3e744a95 - Updated: 2026-09-27 - Subject: Accounting - Grade: Grade 12 - Language: English - Document type: Question paper - Year: 2019 - Exam period: Eastern Cape Mock Exam - Curriculum: CAPS - Pages: 19 Breadcrumbs: [Home](https://www.hlayiso.com/) › [Library](https://www.hlayiso.com/library) › [Grade 12](https://www.hlayiso.com/library/grade-12) › [Accounting](https://www.hlayiso.com/library/grade-12/accounting) › [Accounting Grade 12 Eastern Cape Mock 2019 QP (Eng)](https://www.hlayiso.com/library/accounting-gr12-qp-sept-2019-english/d8e6f12d-1abd-4daa-97d0-1c2f3e744a95) ## About this document Accounting · Grade 12 · Eastern Cape Mock Exam · 2019 · English. Question paper, 19 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 NATIONAL SENIOR CERTIFICATE GRADE 12 SEPTEMBER 2019 ACCOUNTING MARKS: 300 TIME: 3 hours This question paper consists of 19 pages and a 19-page answer book. ### Page 2 2 ACCOUNTING (EC/SEPTEMBER 2019) INSTRUCTIONS AND INFORMATION Read the following instructions carefully and follow them precisely. 1. Answer ALL the questions. 2. A special ANSWER BOOK is provided in which to answer ALL the questions. 3. Show ALL workings to earn part-marks. 4. You may use a non-programmable calculator. 5. You may use a dark pencil or blue/black ink to answer the questions. 6. Where applicable, show all calculations to ONE decimal point. 7. Write neatly and legibly. Copyright reserved Please turn over ### Page 3 (EC/SEPTEMBER 2019) ACCOUNTING 3 8. Use the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION 1: 50 marks; 30 minutes Topic of the question: This question integrates: Financial accounting Debtors age analysis Debtors’ Age Analysis and Concepts Reconciliation Bank Reconciliation Managing resources Internal control QUESTION 2: 35 marks; 20 minutes Topic of the question: This question integrates: Managing resources Stock valuation methods Inventory Valuation Inventory calculations Internal Control QUESTION 3: 45 marks; 25 minutes Topic of the question: This question integrates: Managerial accounting Production Cost Statement Cost Accounting Break-even point and cost analysis Managing resources Internal control QUESTION 4: 60 marks; 35 minutes Topic of the question: This question integrates: Financial accounting Concepts Companies: Statement of financial position (Balance sheet) Financial Statements Managing Resources Ethics QUESTION 5: 80 marks; 50 minutes Topic of the question: This question integrates: Financial accounting Companies: Cash flow statement Cash flow and Interpretation Interpretation of financial information QUESTION 6: 30 marks; 20 minutes Topic of the question: This question integrates: Managerial accounting Calculations and interpretation of budgets Cash Budgets Managing resources Internal control Copyright reserved Please turn over ### Page 4 4 ACCOUNTING (EC/SEPTEMBER 2019) QUESTION 1: DEBTORS AGE-ANALYSIS AND BANK RECONCILIATION (50 marks; 30 minutes) 1.1 DEBTORS AGE-ANALYSIS The owner of Jumbo Traders, Sumi, approached you for assistance in connection with managing the debtors. REQUIRED: 1.1.1 Explain how the Debtors’ Age Analysis can assist with the control over debtors. Provide ONE point. (2) 1.1.2 Calculate the average debtors’ collection period (in days) for the financial year ended 31 August 2019. (5) Comment on whether the business should be satisfied with this. (2) 1.1.3 Refer to Information C: Identify TWO different problems revealed by the Debtors’ Age Analysis. Quote evidence and/or figures. In each case, provide advice to improve the internal control relating to the problem identified. (6) INFORMATION: A. The balance of the debtors’ control was R19 800 on 1 September 2018. B. Total sales for the year amounted to R750 000. 40% of sales are for cash and the rest on credit. C. Debtors’ age analysis on 31 August 2019 Credit Policy: Debtors are granted 30 days in which to settle their debts. NAME CREDIT TOTAL CURRENT 30 DAYS 60 DAYS 60 DAYS+ LIMIT MONTH B. Botha R 8 000 R 6 000 R 6 000 C. Coma 30 000 32 000 11 574 R 3 000 R 3 710 R13 716 P. Pule 20 000 18 600 - 8 000 10 600 R. Rome 18 600 19 600 3 000 4 240 12 360 76 200 20 574 15 240 26 670 13 716 27% 20% 35% 18% Copyright reserved Please turn over ### Page 5 (EC/SEPTEMBER 2019) ACCOUNTING 5 1.2 BANK RECONCILIATION You are provided with information relating to Simms Traders for July 2019. REQUIRED: 1.2.1 Indicate whether the following statements are TRUE or FALSE. Write only true or false next to the question number ((a)–(d)) in the ANSWER BOOK. (a) A cheque that is more than six months old will not be cashed by the bank because it is a stale cheque. (b) Service fees and interest on bank overdraft will be recorded as bank charges in the Cash Payments Journal. (c) A debit balance on the bank statement reflects an unfavourable balance. (d) An internal auditor should inspect the bank reconciliation statement at the end of each month. (4) 1.2.2 Calculate the correct totals for the Cash Receipts Journal and the Cash Payments Journal for July 2019. Use the tables provided. (14) 1.2.3 Prepare the Bank Reconciliation Statement on 31 July 2019. (10) 1.2.4 Explain how cheque no. 908 should be treated when preparing the financial statements on 31 July 2019, the financial year-end. (2) 1.2.5 Refer to information F. The bookkeeper has decided to write off the amount of R50 000. Identify the GAAP principle applied by the bookkeeper. (1) Provide TWO suggestions on how a similar problem can be prevented in the future. (4) INFORMATION: A. Bank reconciliation statement on 30 June 2019 Debit Credit Balance as per Bank Statement R19 310 Outstanding deposit (10 May 2019) R50 000 Outstanding cheques: No. 892 (1 January 2019) 12 340 No. 897 (22 June 2019) 8 700 Balance as per Bank Account 9 650 50 000 50 000 Copyright reserved Please turn over ### Page 6 6 ACCOUNTING (EC/SEPTEMBER 2019) B. Before receiving the July 2019 Bank Statement, the following provisional totals appeared in the Cash Journals for July 2019: CRJ R 127 670 CPJ R 68 900 C. The Bank Statement for July 2019 reflected the following: Bank charges R1 300 Interest on overdraft R920 Debit order for insurance R600 Direct deposit of R1 800 for rent from a tenant. D. Cheque no. 892 was issued as a donation. It was not cashed. E. Cheque no. 897 did not appear in the July 2019 bank statement. F. The outstanding deposit (10 May 2019) cannot be traced and the cashier at that time has since disappeared. It was decided to write off this amount. G. A cheque received from Redman Traders dated 25 November 2019 for R15 000 was not recorded in the July 2019 Cash Receipts Journal. It was also not deposited during July. H. The following items appear in the July 2019 Cash Journals but not on the July Bank Statement: A deposit of R18 000, dated 27 July 2019 Cheque No. 905, dated 31 July 2019 Cheque No. 908, R3 100, dated 15 December 2019 was issued to a creditor D. Hart for supplying goods. I. The Bank Statement on 31 July 2019 reflects a credit balance of R44 040. 50 Copyright reserved Please turn over ### Page 7 (EC/SEPTEMBER 2019) ACCOUNTING 7 QUESTION 2: INVENTORY VALUATION (35 marks; 20 minutes) Omega Electronics is a business that sells televisions. The business is owned by Ching Lee. They make use of the WEIGHTED AVERAGE method for stock valuation and use the periodic inventory system. The financial year ended on 28 February 2019. The mark-up is 25% on cost. REQUIRED: 2.1 Calculate the following on 28 February 2019: 2.1.1 Value of the closing stock (10) 2.1.2 Gross profit for the year ended (5) 2.2 The owner and the accountant disagree on the method of stock valuation. The accountant wants to use the FIFO method. 2.2.1 Calculate the stock value on 28 February 2019 using the FIFO method. (7) 2.2.2 Explain the effect on gross profit if the FIFO method is used. (2) 2.2.3 As an internal auditor, explain the benefits of using the FIFO method to the owner and the accountant. State TWO points. (4) 2.3 Ching Lee feels that she was not able to achieve her targeted mark-up % for 2019. Do (or perform) a calculation to confirm whether she is correct. (3) Provide TWO suggestions that can be implemented in order to improve profitability. (4) INFORMATION: A. Stock of television sets: Date Details Total 1 March 2018 49 units R195 424 28 February 2019 220 units ? Copyright reserved Please turn over ### Page 8 8 ACCOUNTING (EC/SEPTEMBER 2019) B. Purchases and returns of television sets during the year. Number of units Total Purchases: July 2018 200 units @ R4 680 each R936 000 Oct 2018 388 units @ R5 145 each 1 996 260 Jan 2019 200 units @ R5 512 each 1 102 400 788 units in total 4 034 660 Returns: 7 units from January 2019 purchases. C. Sales for the year, R3 450 300. 35 Copyright reserved Please turn over ### Page 9 (EC/SEPTEMBER 2019) ACCOUNTING 9 QUESTION 3: MANUFACTURING (45 marks; 25 minutes) 3.1 VUMA MANUFACTURERS You are provided with information relating to VUMA Manufacturers for the year ended 28 February 2019. The business produces handbags. REQUIRED: 3.1.1 Prepare the following notes to the Production Cost Statement: Direct labour cost (6) Factory overhead cost (10) 3.1.2 Prepare the Production Cost Statement for the year ended 28 February 2019. (10) INFORMATION: A. Stock on hand on 1 March 2018 Raw Materials R138 000 Work in progress 79 000 Finished goods 68 000 B. Stock on hand on 28 February 2019: Raw Materials R142 000 Work in progress ? Finished goods 172 000 C. Raw materials Raw materials purchased during the year amounted to R1 450 000. Raw materials costing R19 000 were returned to the supplier. D. Labour The factory has five workers involved in production. Together they worked a total of 800 hours per month at R50 per hour (normal time). Only three workers worked 60 hours each per month for overtime during the current financial year. The overtime rate is 1½ times the normal rate. The employer contributes 1% of normal wage to UIF for all employees. Indirect labour amounts to R135 340 including benefits. Copyright reserved Please turn over ### Page 10 10 ACCOUNTING (EC/SEPTEMBER 2019) E. Figures obtained from the Trial Balance: Water and Electricity R77 000 Rent expense 288 000 Depreciation on factory equipment 18 900 Depreciation on office equipment 5 300 Insurance 108 000 Sundry expense 84 000 Additional information relating to the above: The water and electricity bill are shared among factory, office and sales departments in the ratio 4 : 2 : 1. 75% of all sundry expenses relate to the factory. Rent remained unchanged throughout the financial year. Rent is allocated according to floor area occupied, as follows: 1 500 square meters, 500 square meters and 400 square meters for factory, sales and office departments respectively. Insurance cost on equipment is split amongst factory, sales and office as follows: o Factory R48 500 o Sales 37 400 o Office 22 100 3.2 JPC MANUFACTURERS The information relates to JPC Manufacturers consisting of two factories producing different products: Suitcases and laptop bags. The owner, JP has found out that his profit has declined from 2018 to 2019. He asks for advice. REQUIRED: 3.2.1 Identify ONE variable cost that is not well controlled in each department. Quote figures. In each case, provide a solution for the problem identified. (8) 3.2.2 Calculate the break-even point of suitcases for 2019. (4) 3.2.3 Explain whether the business should be satisfied with the production of suitcases. Quote figures. (3) 3.2.4 JP wants to adjust the selling price of ONE of the products. What advice would you offer him? Provide a valid reason for your suggestion by quoting relevant figures. (4) Copyright reserved Please turn over ### Page 11 (EC/SEPTEMBER 2019) ACCOUNTING 11 INFORMATION: SUITCASES LAPTOP BAGS 2019 2018 2019 2018 General information Total fixed costs R3 500 000 R3 500 000 R2 100 000 R2 100 000 Net profit/(loss) (118 000) 1 050 000 1 692 000 1 932 000 Variable costs per unit R242 R218 R92 R82 Direct material cost R68 R70 R54 R40 Direct labour cost R150 R130 R32 R32 Selling and distribution R24 R18 R6 R10 cost Additional information Selling price per unit charged by JP R420 R400 R250 R250 Selling price per unit charged by competitors R405 R405 R265 R260 Number of units produced 19 000 25 000 24 000 24 000 and sold units units units units Break-even units ? 19 231 13 292 12 500 (see) 3.2.2 units units units 45 Copyright reserved Please turn over ### Page 12 12 ACCOUNTING (EC/SEPTEMBER 2019) QUESTION 4: FINANCIAL STATEMENTS (60 marks; 35 minutes) 4.1 Choose the correct description in COLUMN B to match the concept in COLUMN A. Write only the letters (A–E) next to the question numbers (4.1.1–4.1.5) in the ANSWER BOOK. COLUMN A COLUMN B 4.1.1 SAICA A Guidelines for preparation of financial statements to ensure consistency 4.1.2 CIPC B Appointed by the board of directors 4.1.3 IFRS C Maintaining the integrity of the profession and institute disciplinary action against those who breach standards 4.1.4 Internal auditor D Expresses an unbiased opinion on the financial statements of the company 4.1.5 External auditor E Maintaining records and control of new/existing companies (5 x 1) (5) 4.2 CDJ LTD The information relates to a public company with an authorised share capital of 1 500 000 ordinary shares. The financial year-ended 28 February 2019. REQUIRED: 4.2.1 Complete the Retained Income Note to the Statement of Financial Position (Balance Sheet). (12) 4.2.2 Complete the Statement of Financial Position (Balance Sheet) on 28 February 2019. (35) 4.2.3 At the annual general meeting, the board of directors proposed the following TWO programmes: Programme 1 R1 500 000 to be allocated for staff training and development initiatives during the next two financial years. Programme 2 R1 000 000 to be spent on the upliftment of the computer facilities at three local schools. Vic Pienaar, a young shareholder, was not pleased about this proposal. He feels that greater dividends should be given to shareholders. Explain why the directors included these proposals in their directors report. Provide TWO points. (4) Provide a different benefit of each of the programmes proposed, to the company. (4) Copyright reserved Please turn over ### Page 13 (EC/SEPTEMBER 2019) ACCOUNTING 13 INFORMATION: A. Balances/Totals on 28 February 2019: Debit Credit Ordinary share capital (1 000 000 shares) R4 200 000 Retained income (1 March 2018) 468 000 Loan: Central Bank 352 400 Fixed assets at cost R4 919 040 Accumulated depreciation 201 520 Trading stock 255 340 Debtors’ Control 235 000 Provision for bad debts 4 000 Fixed deposit: King Bank ? Bank 381 300 Creditors’ Control 22 000 SARS (income tax) 340 000 Insurance 23 520 Rent Income 34 600 B. Additional information: (i) Share Capital: 200 000 Shares were in use at the beginning of the current financial year. 600 000 Additional shares were issued on 1 April 2018 at R3,90 per share. 200 000 Additional shares were issued on 31 October 2018 at R5 per share. 50 000 On 28 February 2019, shares were bought back from the estate of a diseased shareholder for R237 500. This transaction has not yet been recorded. (ii) Loan agreement with Central Bank: Opening balance of loan on 1 March 2018. R550 000 Repayment during the year, including interest 197 600 Closing balance 420 000 The interest on loan is capitalised. R150 000 of the loan will be paid in the next financial year. (iii) Dividends: An interim dividend of 30 cents per share was paid on 31 August 2018. A final dividend of 22 cents per share was declared on 28 February 2019 and must still be brought into account. Copyright reserved Please turn over ### Page 14 14 ACCOUNTING (EC/SEPTEMBER 2019) (iv) The following adjustments must be taken into consideration for the drafting of the Balance Sheet only: The rent for February 2019 was not received yet. The space was rented out since 1 December 2018. An additional insurance policy on granite saws was taken out on 1 October 2018. The annual premium of R13 440 was paid. Consumable stores on hand, R1 580. A debtor owing R35 000 was declared insolvent. No entry was made. The provision for bad debt must be adjusted to R6 000. Audit fees of R9 000 are still outstanding on 28 February 2019. (v) Net profit and income tax: Income tax for the year was calculated at 30%. Net profit before tax is R1 085 600 after all adjustments above were taken into account. 60 Copyright reserved Please turn over ### Page 15 (EC/SEPTEMBER 2019) ACCOUNTING 15 QUESTION 5: CASH FLOW AND INTERPRETATION (80 marks; 50 minutes) The following information relates to Frankfurt Ltd that distributes perfumes to retailers. The financial year ended on 31 August 2019. REQUIRED: 5.1 Calculate the following concerning the cash flow statement: 5.1.1 The cash generated from operations (15) 5.1.2 The cash flow from investing activities (10) 5.1.3 The cash flow from financing activities (7) 5.1.4 The net change in cash and cash equivalents (5) 5.2 Calculate the following financial indicators for 2019: Acid test ratio (4) Debt-equity ratio (4) Net asset value per share (4) Percentage return on total capital employed (8) 5.3 It was a good decision for the directors to increase the loan. Explain by quoting TWO financial indicators with figures to support the director’s decision. (6) 5.4 One of the shareholders wants to sell his shares at 550 cents per share. Explain why the business should not repurchase these shares. Quote TWO financial indicators (with figures) to support your opinion. (4) 5.5 Identify TWO major decisions taken by the directors, as evident from the Cash Flow Statement. Quote figures. Explain how these decisions would benefit the business in future. (8) 5.6 Lee Jenkins owns 20 000 shares in the company. She is not satisfied with the low dividends she obtained this year. Calculate the amount of dividends she obtained. (2) Explain to her why you think the directors changed the dividend pay-out policy this year. Quote figures. (3) Copyright reserved Please turn over ### Page 16 16 ACCOUNTING (EC/SEPTEMBER 2019) INFORMATION: A. Extract from the Income Statement on 31 August 2019: Depreciation R950 000 Interest expense 144 150 Net profit before tax 1 230 000 Income tax ? Net profit after tax 861 000 B. Extract from the Balance Sheet on 31 August: Note 2019 2018 Fixed assests at carrying value R3 616 400 R2 300 000 Financial assets 300 000 712 500 Current assets 1 231 050 1 116 650 Inventories 903 900 1 044 700 Trade and other receivables See (iv) 257 150 70 950 Cash and cash equivalents 70 000 1 000 Ordinary share capital 1 932 000 2 000 000 Retained income 1 413 800 1 156 000 Loan 1 622 000 300 000 Bank overdraft 62 000 Trade and other payables See (v) 944 800 ? C. Additional information: (i) Ordinary share capital: 1 000 000 Shares in issue at beginning of year R2 000 000 200 000 Additional shares issued on 30/11/2018 520 000 280 000 Shares repurchased on 31 May 2019 (588 000) 920 000 Issued shares on 31 August 2019 1 932 000 (ii) Extract from Retained income: Repurchase of shares (R266 000) (iii) Fixed assets Fixed assets were bought during the year for R? Fixed assets were sold during the year at book value, R225 000. (iv) Trade and other receivables: 2019 2018 Net Trade debtors R208 150 R70 000 Prepaid expenses 0 950 SARS (Income tax) 49 000 Copyright reserved Please turn over ### Page 17 (EC/SEPTEMBER 2019) ACCOUNTING 17 (v) Trade and other payables: 2019 2018 Trade creditors R944 800 R860 700 Income received in advance 0 28 300 SARS (Income tax) 163 700 Shareholders for dividends 193 200 120 000 D. Financial indicators: 2019 2018 % Return on shareholder’s equity ? 16,3% Earnings per share 80 cents 56 cents Dividends per share 33 cents 50 cents % Return on total capital employed ? 21,2% Interest rate on loan 15% 14% Net asset value per share (NAV) ? 315,6 cents Debt/equity ratio ? 0,1 : 1 Market price per share 380 cents 360 cents Current ratio 1,6 : 1 1,5 : 1 Acid-test ratio ? 0,4 : 1 80 Copyright reserved Please turn over ### Page 18 18 ACCOUNTING (EC/SEPTEMBER 2019) QUESTION 6: CASH BUDGET (30 marks; 20 minutes) You are provided with information relating to Stutt LTD. The financial year of the business ended on 31 July 2019. REQUIRED: 6.1 Provide ONE point why is it a good idea to compare actual figures against budgeted figures. (2) 6.2 Refer to the Cash Budget under Information D: Identify TWO items that were incorrectly entered in the Cash Budget (2) 6.3 Complete the Debtors Collection Schedule for July 2019. (7) 6.4 Calculate the following: 6.4.1 Percentage increase in salary and wages with effect from July 2019. (3) 6.4.2 Missing figures, (i) and (ii), in the extract of the Cash Budget. (8) 6.5 At the end of July 2019 you identified the following when comparing the budgeted against the actual figures: Explain what you would mention to shareholders about each of the following items at the end of July 2019. In each case advise what effect these items will have on the company. (4) JULY 2019 BUDGETED ACTUAL Audit fees 75 000 157 500 Advertising 30 000 0 6.6 Shareholders are thinking of purchasing the business premises rather than renting it. Explain ONE advantage and ONE disadvantage of this option. (4) INFORMATION: A. Sales, purchases of stock and cost of sales: Total sales for April 2019 to July 2019 were as follows: Month Total sales April R180 000 May 300 000 June 420 000 July 480 000 Copyright reserved Please turn over ### Page 19 (EC/SEPTEMBER 2019) ACCOUNTING 19 40% of all sales are cash, the rest is on credit. The mark-up is 60% on cost of sales at all times. Stock is replaced on monthly basis. 70% of all purchases are cash, the rest is on credit. B. Debtors’ collection: Debtors are expected to pay as follows: 30% are expected to pay their account in the month of sale (current) to qualify for 2,5% discount for early payment. 50% pay in the month following the sales transaction month (30 days). 18% pay in the second month (60 days). 2% are written off. C. Creditors’ payment: Creditors are paid in the month after purchases. D. STUTT LTD Extract from cash budget for June and July 2019 JUNE 2019 JULY 2019 RECEIPTS Cash sales 180 000 210 000 Collection from debtors ? ? PAYMENTS Directors fees 300 000 255 000 Audit fees - 75 000 Salary and wages 135 000 151 200 Funds for share buy-back - 450 000 Vehicles bought on credit 285 000 - Payment to creditors 53 438 (i) Cash purchase of stock 183 700 (ii) Depreciation 19 200 19 200 Advertising 30 000 30 000 Land and buildings - 4 500 000 Rent expense 46 125 46 125 30 TOTAL: 300 Copyright reserved Please turn over ## Related documents - [Accounting QP June 2019 English Final](https://www.hlayiso.com/library/accounting-qp-june-2019-english-final/4cb2cfcc-1cab-4f96-a727-4ecb0622e193) — Accounting · QP · 2019 · Eng - [ACCOUNTING P1 GR12 QP SEPT 2023 English](https://www.hlayiso.com/library/accounting-p1-gr12-qp-sept-2023-english/86b103e1-05b3-4ddd-9077-02c461ae7d17) — Accounting · QP · 2023 · Eng - [ACCOUNTING P2 QP GR12 SEPT 2023 English](https://www.hlayiso.com/library/accounting-p2-qp-gr12-sept-2023-english/eb464289-6949-44e1-9c80-4e527d6a3926) — Accounting · QP · 2023 · Eng - [ACCOUNTING P1 GR12 QP SEPT 2021 English D REV](https://www.hlayiso.com/library/accounting-p1-gr12-qp-sept-2021-english-d-rev/bd359bc3-aaa6-4466-a680-12cf6f56610f) — Accounting · QP · 2021 · Eng - [ACCOUNTING P2 GR12 QP SEPT2020 English](https://www.hlayiso.com/library/accounting-p2-gr12-qp-sept2020-english/f03e0db8-e54a-430c-a3c1-424aaa129fde) — Accounting · QP · 2020 · Eng - [ACCOUNTING P2 GR12 ANSWERBOOK SEPT2020 English](https://www.hlayiso.com/library/accounting-p2-gr12-answerbook-sept2020-english/7c7795c6-891d-43ba-bdd7-60bcccc8c166) — Accounting · Addendum · 2020 · Eng ## More from Grade 12 Accounting - [Accounting](https://www.hlayiso.com/library/accounting/8f42a6a4-9593-4d36-86b1-d890dd1bb1bf) — Guide - [ACCOUNTING P1 GR12 AB JCT ENG D watermark](https://www.hlayiso.com/library/accounting-p1-gr12-ab-jct-eng-d-watermark/77ae8297-53f7-47b3-8e29-57bd38f30483) — Addendum · 2025 · Eng - [Acc P2 Memo ENg watermark](https://www.hlayiso.com/library/acc-p2-memo-eng-watermark/5c899e95-f3c2-4bf6-b539-ed8b1bcec50d) — Memo · 2025 · Eng - [Accounting P1 (English) June 2025 Answer Book](https://www.hlayiso.com/library/accounting-p1-english-june-2025-answer-book/7e96e433-56f8-43a1-9a38-c68c465746dd) — Addendum · 2025 · Eng - [Accounting P2 (English ) June 2025 Answer Book](https://www.hlayiso.com/library/accounting-p2-english-june-2025-answer-book-1/73bffe7c-1c96-49bd-af78-abb8db8c6618) — Addendum · 2025 · Eng - [Accounting P1 (English) June 2025 Possible Answers](https://www.hlayiso.com/library/accounting-p1-english-june-2025-possible-answers/86671777-58f6-4c82-932c-4924bae022c0) — Memo · 2025 · Eng ## Collection - [Grade 12 past papers](https://www.hlayiso.com/grade-12/past-papers) --- Hlayiso: free CAPS and IEB past papers, memos, notes and study guides for South African learners. 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