# Accounting Grade 12 Paper 2 NSC June 2025 Addendum (English) > Grade 12 Accounting Paper 2 addendum from the NSC June Exam 2025 (English), 12 pages. Read online or get the free PDF download. - Page: https://www.hlayiso.com/library/accounting-p2-may-june-2025-answer-book-eng/e9ac9296-20aa-442e-984f-088e8da9a084 - Updated: 2026-09-27 - Subject: Accounting - Grade: Grade 12 - Language: English - Document type: Addendum - Year: 2025 - Exam period: NSC June Exam - Paper: 2 - Curriculum: CAPS - Pages: 12 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 Paper 2 NSC June 2025 Addendum (English)](https://www.hlayiso.com/library/accounting-p2-may-june-2025-answer-book-eng/e9ac9296-20aa-442e-984f-088e8da9a084) ## About this document Accounting · Grade 12 · NSC June Exam · 2025 · English. Addendum, 12 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 Confidential STICKER CENTRE NUMBER EXAMINATION NUMBER SENIOR CERTIFICATE EXAMINATIONS/ NATIONAL SENIOR CERTIFICATE EXAMINATIONS ACCOUNTING P2 GRADE 12 MAY/JUNE 2025 SPECIAL ANSWER BOOK QUESTION MARKS INITIAL MOD. 1 2 3 4 TOTAL This answer book consists of 12 pages. Copyright reserved Please turn over ### Page 2 Accounting/P2 2 DBE/May/June 2025 SC/NSC – Answer Book Confidential QUESTION 1 1.1 VAT 1.1.1 NO. WORKINGS EFFECT Opening balance 51 500 Example 6 900 – 6 000 + 900 (i) 221 720 (ii) 12 000 (iii) (iv) VAT PAYABLE 10 1.1.2 Karen wants to deregister her business as a VAT vendor as she is unable to meet VAT deadlines for submissions. What advice would you give to Karen? State ONE point. 2 2025 Copyright reserved Please turn over ### Page 3 Accounting/P2 3 DBE/May/June 2025 SC/NSC – Answer Book Confidential 1.2 CREDITORS' RECONCILIATION CREDITORS' LEDGER STATEMENT OF ACCOUNT 1.2.1 ACCOUNT OF FROM CANON SUPPLIERS EPSON TRADERS BALANCES 101 900 88 900 (i) (ii) (iii) (iv) (v) (vi) (vii) BALANCES 14 1.2.2 It was discovered that the purchasing manager, Senzo, had signed a fictitious invoice received from Prime Suppliers. The banking details of his son appeared on this invoice. The relevant payment was processed by the financial department. Other than dismissing Senzo, provide: ONE action to be taken against him ONE suggestion on how to prevent this problem in future 4 TOTAL MARKS 30 Copyright reserved Please turn over ### Page 4 Accounting/P2 4 DBE/May/June 2025 SC/NSC – Answer Book Confidential QUESTION 2 2.1 2.1.1 2.1.2 2.1.3 3 2.2 WOLLIES' WINTER GLOVES 2.2.1 Calculate the direct material cost for the year ended 28 February 2025. WORKINGS ANSWER 4 Calculate the correct factory overhead cost for the year ended 2.2.2 28 February 2025. Incorrect total 966 360 9 2.2.3 Calculate the gross profit earned for the year ended 28 February 2025. WORKINGS ANSWER 5 Copyright reserved Please turn over ### Page 5 Accounting/P2 5 DBE/May/June 2025 SC/NSC – Answer Book Confidential 2.2.4 Jerry was satisfied with the performance during the current year and plans to increase production by 30% in the next financial year. He is confident that the demand will increase due to changing weather patterns. Comment on the level of production and the break-even points comparing the results for the current financial year with his plan for the next financial year. Provide TWO points, with figures. 4 Calculate the increase in profits Jerry expects to earn from the year ended 28 February 2025 to the next financial year. WORKINGS ANSWER 5 2.2.5 Give TWO possible reasons for the proposed increase in direct labour cost in the next financial year. Quote figures. 4 Copyright reserved Please turn over ### Page 6 Accounting/P2 6 DBE/May/June 2025 SC/NSC – Answer Book Confidential 2.2.6 Jerry has projected an increase of R304 000 for the total fixed costs. Provide TWO possible expense items he may have considered when making his projections. Give a different reason for each item identified. EXPENSE ITEM REASON ITEM 1 ITEM 2 4 Explain why Jerry should not be concerned about this proposed increase in the total fixed costs. Provide ONE point with figures. 2 TOTAL MARKS 40 Copyright reserved Please turn over ### Page 7 Accounting/P2 7 DBE/May/June 2025 SC/NSC – Answer Book Confidential QUESTION 3 HEADPHONES 3.1 Calculate the value of the closing stock on 28 February 2025, using the FIFO method. WORKINGS ANSWER 5 3.2 Helen decided to change suppliers in September 2024 after receiving advice from her sister, the store manager. Provide TWO points that show her customers are unhappy with the quality of the headphones purchased from the new suppliers. Quote figures. 4 What advice would you give to Helen about changing the supplier in the future? Provide ONE point. 2 Copyright reserved Please turn over ### Page 8 Accounting/P2 8 DBE/May/June 2025 SC/NSC – Answer Book Confidential TELEVISION SETS 3.3 Calculate the closing stock of the television sets on 28 February 2025. TV MODEL WORKINGS ANSWER Quantum Crystal Limpid TOTAL 9 3.4 Calculate the cost of sales of the Limpid TVs. WORKINGS ANSWER 3 Calculate how long (in days) it will take Helen to sell the closing stock of the Limpid TVs. WORKINGS ANSWER 4 Helen feels that she has made a wise decision by replacing the Quantum TVs with the Limpid TVs. Give ONE possible reason (with figures) to substantiate her opinion. 2 3.5 Explain how this will have a positive effect on her business. Provide ONE point. 2 Copyright reserved Please turn over ### Page 9 Accounting/P2 9 DBE/May/June 2025 SC/NSC – Answer Book Confidential VACUUM AND PRESSURE CLEANERS 3.6 VACUUM CLEANERS Identify ONE problem with vacuum cleaners. Quote figures. What advice would you give? State ONE point. PROBLEM (with figures) ADVICE 3 3.7 PRESSURE CLEANERS Explain TWO good decisions that Helen took in respect of pressure cleaners. Quote figures. Explain how each decision improved the results on 28 February 2025. Provide ONE different point for EACH decision. DECISION (with figures) IMPROVEMENT IN RESULTS Decision 1 Decision 2 6 TOTAL MARKS 40 Copyright reserved Please turn over ### Page 10 Accounting/P2 10 DBE/May/June 2025 SC/NSC – Answer Book Confidential QUESTION 4 4.1 Explain how the preparation of the Cash Budget serves as a management tool in assisting the business to manage its cash resources. State ONE point. 2 4.2 Identify TWO items in the payment section of this Cash Budget which will not appear in the Projected Statement of Comprehensive Income. 2 4.3 CREDITORS' PAYMENT SCHEDULE: CREDIT MONTH JUNE JULY PURCHASES APRIL 96 000 9 600 MAY 108 000 16 200 JUNE 85 500 JULY 144 000 111 300 9 Copyright reserved Please turn over ### Page 11 Accounting/P2 11 DBE/May/June 2025 SC/NSC – Answer Book Confidential 4.4 CALCULATE: (i) Cash sales for July 2025 WORKINGS ANSWER (ii) Salaries and wages for June 2025 WORKINGS ANSWER (iii) Repayment of loan on 1 July 2025 WORKINGS ANSWER (iv) Deposit for vehicle on 31 July 2025 WORKINGS ANSWER 14 4.5 Calculate the reduction in the floor space (in m2) being rented during July 2025. WORKINGS ANSWER 5 Copyright reserved Please turn over ### Page 12 Accounting/P2 12 DBE/May/June 2025 SC/NSC – Answer Book Confidential 4.6 Refer to Information H. 4.6.1 Explain the effect of the new competitor on any TWO items in the budgeted and actual information for April 2025. Quote figures. 4 4.6.2 Identify TWO changes Daisy implemented in May 2025 in response to the new competitor. Quote figures. 4 TOTAL MARKS 40 TOTAL: 150 Copyright reserved ## Related documents - [Accounting P1 May-June 2025 MG Eng](https://www.hlayiso.com/library/accounting-p1-may-june-2025-mg-eng/b3a00324-c447-494b-9131-3046982cc2bb) — Accounting · Memo · 2025 · Eng - [ACCOUNTING P2 QP GR12 JCT 2025 ENG D watermark](https://www.hlayiso.com/library/accounting-p2-qp-gr12-jct-2025-eng-d-watermark/13425f71-aba6-4328-b084-d9b108884315) — Accounting · QP · 2025 · 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 - [ACCOUNTING P1 GR12 QP JCT 2025 ENG D watermark](https://www.hlayiso.com/library/accounting-p1-gr12-qp-jct-2025-eng-d-watermark/84d92eb0-f5bd-4442-bb6d-c55cdc52e25d) — Accounting · QP · 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) — Accounting · Memo · 2025 · Eng - [NW 12 ACCOUNTING P1 QP ENG JUNE 2025](https://www.hlayiso.com/library/grade-12-accounting-2025-nw-june-exam-question-paper-paper-1-english/71996a3f-565b-45f7-aff5-a473ed76ff71) — Accounting · QP · 2025 · Eng ## More from Grade 12 Accounting - [Accounting](https://www.hlayiso.com/library/accounting/8f42a6a4-9593-4d36-86b1-d890dd1bb1bf) — Guide - [Acc P2 Memo ENg watermark](https://www.hlayiso.com/library/acc-p2-memo-eng-watermark/5c899e95-f3c2-4bf6-b539-ed8b1bcec50d) — Memo · 2025 · Eng - [Accounting Grade 12 NSC MEMO P1 May June 2025 Limpopo](https://www.hlayiso.com/library/accounting-grade-12-nsc-memo-p1-may-june-2025-limpopo/4bc5dfae-35c0-4acd-83c3-4b53266a3680) — Memo · 2025 - [Accounting P2 Nov 2025 MG Afr](https://www.hlayiso.com/library/grade-12-accounting-2025-nsc-november-exam-memorandum-paper-2/4c11fbd4-960d-4f11-8cb5-c00f8f2cb8b5) — Memo · 2025 · Afr - [ACCOUNTING P1 MEMO GR12 JUNE 2024 English](https://www.hlayiso.com/library/accounting-p1-memo-gr12-june-2024-english/ef245808-e780-418c-ba92-6f41e021a333) — Memo · 2024 · Eng - [ACCOUNTING P1 QP GR12 JUNE 2024 English](https://www.hlayiso.com/library/accounting-p1-qp-gr12-june-2024-english/11d1ced2-c8c5-4ce3-97cc-34b06c5cad08) — QP · 2024 · 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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