# Accounting Grade 11 P2 Eastern Cape November 2022 QP (Eng) > Grade 11 Accounting Paper 2 question paper from the Eastern Cape November 2022 (English), 8 pages. Read online or download the free PDF. - Page: https://www.hlayiso.com/library/accounting-p2-gr12-ans-book-nov2022-english/f4a4602d-bd68-471c-908e-7d2b30e5baa9 - Updated: 2026-09-27 - Subject: Accounting - Grade: Grade 11 - Language: English - Document type: Question paper - Year: 2022 - Exam period: Eastern Cape November - Paper: 2 - Curriculum: CAPS - Pages: 8 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 P2 Eastern Cape November 2022 QP (Eng)](https://www.hlayiso.com/library/accounting-p2-gr12-ans-book-nov2022-english/f4a4602d-bd68-471c-908e-7d2b30e5baa9) ## About this document Accounting · Grade 11 · Eastern Cape November · 2022 · English. Question paper, 8 pages. Read online or download the PDF. Read it free online on the page above; download the PDF from there. ## Matching paper and memo - [ACCOUNTING P2 MEMO GR11 NOV2022 English](https://www.hlayiso.com/library/accounting-p2-memo-gr11-nov2022-english/4c0cad8a-f3d3-4318-bcbe-6354a4b81cf9) — Memo · 2022 · Eng ## Document text Text extracted from the PDF. Layout, diagrams and tables may not survive extraction. ### Page 1 Downloaded from hlayiso.com NAME: NATIONAL SENIOR CERTIFICATE GRADE 11 NOVEMBER 2022 ACCOUNTING P2 ANSWER BOOK MAXIMUM MARKS MODERATED QUESTION MARKS OBTAINED MARKS 1 40 2 40 3 45 4 25 150 This answer book consists of 8 pages. ### Page 2 Downloaded from hlayiso.com 2 ACCOUNTING P2 (ANSWER BOOK) (EC/NOVEMBER 2022) QUESTION 1 1.1.1 State THREE advantages of using electronic funds transfers (EFTs). 3 1.1.2 Explain TWO aspects of the business environment that Beauty had to change or adapt, to implement this system and to ensure that it functions effectively. 4 1.1.3 UPDATING THE CASH JOURNALS: CASH RECEIPTS JOURNAL CASH PAYMENTS JOURNAL DETAILS OF SUNDRY DETAILS OF SUNDRY AMOUNT AMOUNT ACCOUNT ACCOUNT Total b/f 113 800 Total b/f 98 400 20 Copyright reserved Please turn over ### Page 3 Downloaded from hlayiso.com (EC/NOVEMBER 2022) ACCOUNTING P2 (ANSWER BOOK) 3 1.2 CREDITORS RECONCILIATION Reconciling the Creditors Ledger account with the Statement CREDITORS LEDGER STATEMENT FROM VUYI No. ACCOUNT OF VUYI SUPPLIERS SUPPLIERS Balance 41 680 26 070 A B C D E F TOTAL 13 Q1 40 Copyright reserved Please turn over ### Page 4 Downloaded from hlayiso.com 4 ACCOUNTING P2 (ANSWER BOOK) (EC/NOVEMBER 2022) QUESTION 2 2.1.1 Calculate: Direct material cost WORKINGS ANSWER 6 Direct labour cost WORKINGS ANSWER 7 2.1.2 FACTORY OVERHEAD COST TOTAL BROUGHT FORWARD 106 760 TOTAL 9 2.1.3 GENERAL LEDGER OF MAHLAPE MANUFACTURERS WORK-IN-PROGRESS STOCK ACCOUNT 8 Copyright reserved Please turn over ### Page 5 Downloaded from hlayiso.com (EC/NOVEMBER 2022) ACCOUNTING P2 (ANSWER BOOK) 5 2.2 MELINDA’S TOY SHOP 2.2.1 Calculate the break-even point for the year ended 30 June 2021. 4 2.2.2 Explain whether Melinda should be satisfied with the level of production achieved for this financial year. Quote figures. 3 2.2.3 Melinda is concerned about the control over the direct labour cost per unit. Explain why she may be concerned. Quote figures. 2 Provide ONE suggestion on how she can improve the control over this cost. 1 Q2 40 Copyright reserved Please turn over ### Page 6 Downloaded from hlayiso.com 6 ACCOUNTING P2 (ANSWER BOOK) (EC/NOVEMBER 2022) QUESTION 3 3.1 DEBTORS COLLECTION SCHEDULE Month Credit sales OCTOBER NOVEMBER DECEMBER SEPTEMBER 490 000 196 000 * OCTOBER 504 000 191 520 201 600 90 720 NOVEMBER 483 000 * * DECEMBER * 196 840 RECEIPTS FROM DEBTORS * * 9 3.2 EXTRACT: Cash Budget for the budget period ended 31 December 2021 RECEIPTS NOVEMBER DECEMBER Cash sales 204 000 Cash from debtors Rent income 9 500 TOTAL RECEIPTS 712 000 833 000 PAYMENTS Payment to creditors (for stock) 480 000 Insurance 2 625 Other operating expenses 6 200 Drawings 7 300 Interest on loan 1 705 Salaries and wages 52 500 56 175 TOTAL PAYMENTS 802 000 777 000 SURPLUS/DEFICIT OPENING BALANCE IN BANK 123 000 CLOSING BALANCE IN BANK 22 Copyright reserved Please turn over ### Page 7 Downloaded from hlayiso.com (EC/NOVEMBER 2022) ACCOUNTING P2 (ANSWER BOOK) 7 3.3.1 Calculate: Amount of the loan in December 2021 4 3.3.2 Calculate: the percentage increase in salaries and wages 4 3.4 Provide Shirley with TWO suggestions on how she can ensure that only reliable people are granted credit, and TWO ways to improve collections from debtors. SUGGESTIONS 2 WAYS TO IMPROVE COLLECTIONS 4 Q3 45 Copyright reserved Please turn over ### Page 8 Downloaded from hlayiso.com 8 ACCOUNTING P2 (ANSWER BOOK) (EC/NOVEMBER 2022) QUESTION 4 4.1 Calculate: Total depreciation on vehicles 6 Calculate: Total depreciation on equipment 7 4.2 Malusi wants to sell two of the delivery vehicles, and replace them with a later model, bigger truck. His wife feels that this is not a good idea. 4.2.1 Provide TWO possible reasons that Malusi can use to convince his wife that this is a good decision. 4 4.2.2 Provide ONE reason in support of his wife’s feelings. 2 4.3 Identify TWO problems from the information provided. Quote figures. In each case, provide a solution to the problem identified. PROBLEM (with figures) SOLUTION 6 TOTAL 25 MARKS TOTAL: 150 Copyright reserved Please turn over ## Related documents - [ACCOUNTING P2 GR11 QP NOV2022 English](https://www.hlayiso.com/library/accounting-p2-gr11-qp-nov2022-english/f43f0b46-185b-41cf-bed5-88654714f772) — Accounting · QP · 2022 · Eng - [ACCOUNTING P1 GR11 MEMO NOVEMBER 2022 English](https://www.hlayiso.com/library/accounting-p1-gr11-memo-november-2022-english/88d6eef7-a681-4de5-9666-b667a0f71a40) — Accounting · Memo · 2022 · Eng - [Gr 11 Accounting P2 (English) November 2022 Answer Book](https://www.hlayiso.com/library/gr-11-accounting-p2-english-november-2022-answer-book/320731cd-fc66-42d8-9601-ee85d15b1b01) — Accounting · Addendum · 2022 · Eng - [Gr 11 Accounting P2 (English) November 2022 Possible Answers](https://www.hlayiso.com/library/gr-11-accounting-p2-english-november-2022-possible-answers/f9181d83-1d51-4791-b6ff-7a96d108c1db) — Accounting · Memo · 2022 · Eng - [Gr 11 Accounting P1 (English) November 2022 Question Paper](https://www.hlayiso.com/library/gr-11-accounting-p1-english-november-2022-question-paper/ef4637d3-96a9-43e3-b8e8-b76b492e87f0) — Accounting · QP · 2022 · Eng - [ACCOUNTING P2 GR11 QP NOV2023 English](https://www.hlayiso.com/library/accounting-p2-gr11-qp-nov2023-english/f476ab04-a9d8-48f8-8d61-d147a95b251f) — Accounting · QP · 2023 · Eng ## 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 - [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 - [LP Accounting Grade 11 March 2025 QP and Memo](https://www.hlayiso.com/library/lp-accounting-grade-11-march-2025-qp-and-memo/e029a6c5-e494-4ee4-85f6-bf55d1d8442b) — QP + Memo · 2025 - [ACCOUNTING P2 MEMO GR11 NOV 2024 ENG watermark](https://www.hlayiso.com/library/accounting-p2-memo-gr11-nov-2024-eng-watermark/c09eb350-5d2d-4070-8df4-25ece70dc7de) — Memo · 2024 · Eng - [ACCOUNTING P1 GR11 MEMO NOVEMBER 2023 English watermark](https://www.hlayiso.com/library/accounting-p1-gr11-memo-november-2023-english-watermark-1/49899c38-504c-42fb-972e-2181fa910731) — Memo · 2023 · Eng ## 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. When citing, link the page URL above, not a PDF or /api/ URL.