# Accounting Grade 12 Paper 2 NSC November 2021 Memo (English) > Grade 12 Accounting Paper 2 memorandum from the NSC November Exam 2021 (English), 12 pages. Read online or download the free PDF. - Page: https://www.hlayiso.com/library/accounting-p2-nov-2021-mg-eng/5367c550-8c44-41bd-bf1f-20fe46a86573 - Updated: 2026-10-29 - Subject: Accounting - Grade: Grade 12 - Document type: Memorandum - Year: 2021 - Exam period: NSC November 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 November 2021 Memo (English)](https://www.hlayiso.com/library/accounting-p2-nov-2021-mg-eng/5367c550-8c44-41bd-bf1f-20fe46a86573) ## About this document Accounting · Grade 12 · NSC November Exam · 2021. Memorandum. 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 NATIONAL SENIOR CERTIFICATE GRADE 12 ACCOUNTING P2 NOVEMBER 2021 MARKING GUIDELINES MARKS: 150 MARKING PRINCIPLES: 1. Unless otherwise stated in the marking guidelines, penalties for foreign items are applied only if the candidate is not losing marks elsewhere in the question for that item (no penalty for misplaced item). No double penalty applied. 2. Penalties for placement or poor presentation (e.g. details) are applied only if the candidate is earning marks on the figures for that item. 3. Unless otherwise stated, give full marks for correct answer. If answer incorrect, mark workings. 4. If a pre-adjustment figure is shown as a final figure, allocate the part-mark for the working for that figure (not the method mark for the answer). Note: if figures are stipulated in memo for components of workings, these do not carry the method mark for final answer as well. 5. Unless otherwise indicated, the positive or negative effect of any figure must be considered to award the mark. If no + or – sign or bracket is provided, assume that the figure is positive. 6. Where indicated, part-marks may be awarded to differentiate between differing qualities of answers from candidates. 7. If candidates provide more that the required number of responses, inspect all responses to give benefit to the candidate. Penalties may be applied for foreign entries if earning full marks not related to Q (max -2 per Q). 8. This memorandum is not for public distribution; as certain items might imply incorrect treatment. The adjustments made are due to nuances in certain questions. 9. Where penalties are applied, the marks for that section of the question cannot be a final negative. 10. Where method marks are awarded for operation, marker must inspect reasonableness of answer. 11. Operation means 'check operation'. 'One part correct' means operation and one part correct. Note: check operation must be +, -, x, ÷, or per memo. 12. In calculations, do not award marks for workings if numerator & denominator are swapped – this also applies to ratios. 13. In awarding method marks, ensure that candidates do not get full marks for any item that is incorrect at least in part. Indicate with a . 14. Be aware of candidates who provide valid alternatives beyond the marking guideline. Note that one comment could contain different aspects. 15. Codes: f = foreign item; p = placement/presentation. These marking guidelines consist of 12 pages. Copyright reserved Please turn over ### Page 2 Downloaded from hlayiso.com Accounting/P2 2 DBE/November 2021 NSC – Marking Guidelines QUESTION 1 1.1 Provide TWO documents that Zig Zag Traders will need from potential debtors before they will be allowed to open accounts. Any two   accept recognisable abbreviations  Identity document (ID)  Salary advice slip / proof of income / proof of registration (student)  Proof of residence (municipal bill / from statements) / residential address  References / credit history / not listed on credit bureau / credit score / Income tax certificate (ITC)  Bank statement (3 months)  Criminal record (police clearance record) 2 1.2 Calculate: Correct closing balance of the Debtors' Control Account on 30 September 2021. Indicate changes with '+' for an increase, '–' for a decrease or '0' for no change. PROVISIONAL 228 000 BALANCE (i) + 1 750  (ii) 0 (iii) (62 500 – 65 200) two marks – 2 700  (iv) + 7 000  +3 500 one mark + 3 500 one mark (v) + 5 200  (vi) (250 – 700) two marks – 450  (vii) 0 R238 800  one part correct; must include provisional balance Accept brackets for – sign; if no sign assume positive -1 foreign entries (max - 2); see ii and vii. 9 Calculate: Correct amounts owed by the following debtors only: DEBTOR WORKINGS ANSWER A Barnes (13 500 + 1 750  – 450 ) 14 800 * C Davis (25 000 + 3 500 + 3 500  ) 32 000 * or 7 000 two marks E Foley (18 300 – 2 500  – 7 850 ) 7 950 * 9 Pre-printed balances are not regarded as “one part correct” *one part correct Copyright reserved Please turn over ### Page 3 Downloaded from hlayiso.com Accounting/P2 3 DBE/November 2021 NSC – Marking Guidelines 1.3 Explain THREE different problems highlighted by the debtors' age analysis. Provide the name of a debtor and/or figure(s) in EACH case. NAME OF DEBTOR AND / OR FIGURES PROBLEM       Accept “other debtors” if figures are provided Accept name of debtor / figures if included with the problem  J Blom; R20 000 > 30 days  O. Mach; R4 000 > 90 days Not adhering to credit terms /  Other debtors: 42 864 > 60 days slow payers  28% of debtors do not comply with terms (66 864 / 238 800)  Z Phi: Exceeds credit limit by R7 000 Exceeding credit limits (limit R22 000; balance R29 000)  O. Mach: current purchase of R2 000 whilst R4 000 of balance > 90 days Poor / ineffective internal  J. Blom: current purchase of R18 000 controls over debtors whilst R20 000 of balance > 60 days (Allowing defaulting debtors to buy on credit / exceed limits set)  Other debtors with current purchases of R55 244 whilst R30 148 of balance is > 60 days and R12 716 > 90 days 6 1.4 Provide TWO points to support the internal auditor's concern that Susan's job description could lead to potential fraud. Any TWO separate or different points   part marks for incomplete / partial / unclear responses  Too many related functions performed by one person - could compromise efficiency / job not done well  Lack of supervision could lead to negligence / rolling over of cash / theft / no authorisation for returns / not applying returns policy effectively  No division of duties – temptation to engage in fraudulent transactions / manipulating sales or returns / creating false documents / mismanagement / poor record-keeping (stock sheets / debtors)  No continuity of tasks / tasks may not get done / lag behind if Susan is on leave / absent.  Cash is easily stolen (not using electronic payments / credit cards / EFT) 4 TOTAL MARKS 30 Copyright reserved Please turn over ### Page 4 Downloaded from hlayiso.com Accounting/P2 4 DBE/November 2021 NSC – Marking Guidelines QUESTION 2 2.1 PRUDY MANUFACTURERS 2.1.1 PRODUCTION COST STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2021 Direct material cost 1 494 000 Direct labour cost 647 400 x 100/78 or + 182 600 830 000  one part correct Prime cost DMC + DLC 2 324 000  Pre-adjustment figure is not regarded as “one part correct” Factory overhead cost no part marks on each sub-figure in workings 471 000  520 280 – 22 400  – 29 520  + 2 640  one part correct Cost of production of finished goods PC + FOHC 2 795 000  10 2.1.2 ABRIDGED STATEMENT OF COMPREHENSIVE INCOME (INCOME STATEMENT) FOR THE YEAR ENDED 28 FEBRUARY 2021 Sales 4 433 600 Cost of sales 72 000 +2 795 000 see PCS (2.1.1) – 96 000 (2 771 000) * award ONE method mark for one part correct Gross profit Sales – COS 1 662 600  Pre-adjustment figures are not regarded as “one part correct” Other expenses Ignore brackets (462 000) * Selling and distribution costs 242 000 * 224 960 + 19 680  – 2 640  see FOHC above Administration cost 187 760 + 22 400  + 9 840  220 000 * 98 400 x 10% / if 50% of SDC Net profit for the year GP – OE 1 200 600  11 *one part correct Copyright reserved Please turn over ### Page 5 Downloaded from hlayiso.com Accounting/P2 5 DBE/November 2021 NSC – Marking Guidelines 2.2 CONTROL OF RAW MATERIAL 2.2.1 Calculate the metres of fabric: Internal control strategy   * do not accept “install cameras” Missing from the storeroom  Physical counts / random inspections / keep detailed stock records / control or 1 050 monitor the movement of fabric (2 700 + 10 800 – 12 450) – 850  Rotation / division of duties / storeroom = 200 metres  manager to be accountable one part correct  Improve security at receipt / dispatch points / limit access to storeroom  Storeroom staff to have lockers (no bags allowed in storeroom) Wasted in the factory  Improve training  Use cutting patterns / technology 7 800 x 1,5 metres  Improve supervision 12 450 – 11 700 = 750 m  one part correct  Make use /or buy good quality material OR 12 450 / 1,5m  Effective use of off-cuts 8 300 – 7 800  Incentives for minimizing wastage 500 x 1,5m  Regular servicing of machines 6 2.2.2 Calculate the total cost of the metres of fabric lost and wasted. WORKINGS ANSWER 200 + 750 see 2.2.1 200 x 120 750 x 120 950m x R120 OR R24 000 + R90 000 R114 000  If amounts calculated in 2.2.1 x R120 Two or nothing Explain how this loss should be shown in the statements mentioned in QUESTION 2.1 on the previous page. Any valid answer, e.g.   Amount shown as an expense item (on the Income Statement)  Examples of possible expense items: e.g. loss due to theft / administrative cost / selling and distribution cost increased direct material cost / adjust factory overhead cost / cost of sales 3 2.3 ROSEMARY'S TOY FACTORY 2.3.1 Provide a calculation to confirm that the break-even point for the 2021 financial year is correct. 224 000  = 3 556 units 255 – 192  63 two marks Numerator and denominator must be marked as such OR Sales at BEP Total FC VC at BEP (255 x 3555,55) (192 x 3 555,55) 906 665 – 224 000 – 682 665 =0 one mark one mark one mark 3 Copyright reserved Please turn over ### Page 6 Downloaded from hlayiso.com Accounting/P2 6 DBE/November 2021 NSC – Marking Guidelines 2.3.2 Explain why Rosemary is pleased with the production level, sales and break-even point. Quote figures. Valid comparison  Figures  part marks for incomplete / partial / unclear responses Must mention Production (and sales) and BEP for four marks  Produced and sold 1 344 units above the BEP (4 900 – 3 556) / making a profit on 1 344 units  Made a profit (includes production and sales) on 1 344 units (4 900 – 3 556) in 2021 compared to 500 units (4 000 – 3 500) in 2020 / profit on an additional 844 units (168,8%)  Profit (includes production and sales) was R84 672 (1 344 x R63) in 2021 and R32 000 (500 x R64) in 2020; an increase in of R52 763 (164,8%)  Sales / production increased by 900 units (4 900 – 4 000) / by 22,5% whereas BEP increased by only 56 (3 556 – 3 500) / by 1,6%. – good control over costs. Two-mark options: Only ONE of: (max 2 marks)  Revenue from sales increased from R960 000 to R1 249 500 (R289 500 / 30,2%)  Comparison of units produced only (4 900 – 4 000) / by 900  Comparison of BEP only (3 556 – 3 500) / by 56 4 2.3.3 Explain to Rosemary why the fixed cost per unit decreased from R56,00 to R45,71. ONE point that either mentions or explains economies of scale  Two marks or nothing  Economies of scale: As more units are produced, fixed cost per unit would decrease  Increased production (by 900 units) resulted in a decrease in fixed cost per unit, due to fixed cost remaining fairly constant or not influenced by levels of production  The average fixed cost per unit would decrease as units produced increases / total fixed costs (constant) are divided by a large number of units. 2 2.3.4 Rosemary made deliberate decisions regarding variable costs to improve the business. Explain the decisions that she might have taken on these costs and how these could have had positive effects on the business. Quote figures. Cost Comment and positive effect (with figures) Unit costs must be compared (not the total amounts for cost items) Direct material Increased from R80 to R100 per unit / by R20 / 25% cost  Improved quality of teddy bears; justifies price increase Comment (with figure)   Better quality – satisfied customers – less returns – Positive effect  improved sales – higher profits Direct labour cost Decreased from R72 to R56 per unit / by R16 / 22,2% Comment (with figure)   Improved efficiency through training Positive effect   Better supervision of normal-time targets / more control over overtime.  Shift from physical labour to machines Selling and Increased from R24 to R36 per unit / by R12 / 50% distribution cost  More advertising increased sales Comment (with figure)   Delivering to a wider area / offered free delivery Positive effect   Commission to motivate sales persons 6 TOTAL MARKS 45 Copyright reserved Please turn over ### Page 7 Downloaded from hlayiso.com Accounting/P2 7 DBE/November 2021 NSC – Marking Guidelines QUESTION 3 3.1 DEBTORS' COLLECTION SCHEDULE Calculate the amounts denoted by (a)–(c) Credit December January Sales 2021 2022 Bad debts R R R Oct 2021 308 000 67 760 (a) 13 860 Nov 2021 319 200 143 640 70 224 Dec 2021 364 000 103 740 (b) 245 700 (c) 150 Jan 2022 352 800 822 315 140 6 3.2 Calculate the amounts denoted by (a)–(c) on the Cash Budget. (a) Rent income for December 2021: WORKINGS ANSWER 18 400 20 056 x 100/109 or 20 056 – 1 656  one part correct (b) Payment to creditors in January 2022 WORKINGS ANSWER 456 000  x 80%  364 800  OR 456 000 – 91 200 (20% of 456 000) one part correct one mark one mark (c) Payment for cleaning services in January 2022 WORKINGS ANSWER 9 870 15 510  x 100/165  x 105/100   one part correct one mark one mark Accept: OR 15 510 x 105 9 400 as a final answer: three marks; 165 9 400 + 470; four marks; one mark (as denominator) 9 400 + any other amt: three marks only 9 Copyright reserved Please turn over ### Page 8 Downloaded from hlayiso.com Accounting/P2 8 DBE/November 2021 NSC – Marking Guidelines 3.3 Workload of employees: Provide TWO points that Brian can explain to his sales staff to justify his plan. Quote figures. Be aware of alternative ways of expressing statistics TWO points (with figures)   part marks for incomplete / partial / unclear responses  He budgeted for 230 customers; only 175 was recorded / 55 less (23,9%) / 76%  Sales was less than budgeted (798 000 – 707 000) / by R91 000 / 11,4%  Salaries are set at a basic rate of R16 400 per worker (cost the business when budgeted sales are not achieved) Assuming 5 workers (including driver)  Each worker was expected to attend to 46 customers (230/5); but the actual is an average of 35 customers (175 /5) / 11 less / 23,9%  Retrenching one person will not affect the expected workload of the remaining 4 workers, projecting an average of 44 (175/4) customers (expected 46) Assuming 4 sales staff (excluding driver)  Each worker expected to attend to 58 (230/4) but actual is 44 (175/4) / 14 less / 24%  If one is retrenched, the average customers per worker is 58 (175/3) customers; same as the expected 58 (230/4). 4 Explain why the repair staff members are not satisfied with their workload. Quote figures. Be aware of alternative ways of expressing statistics ONE point  figures   They are over-worked. Customers (from 70 expected to 136-actual) / 66 more than expected / 94% more / 194%. Customers prefer to repair rather than buy.  They are expected to attend to 35 customers per worker but attended to 68 customers (an average of an additional 33 customers per worker)  Fee income is R34 000 more than expected / 66 000 – 32 000 / 106%  Wages fixed at a basic rate of R5 500 per worker – not influenced by workload / commission, and is R10 900 less than a sales worker. 3 What suggestions can you offer to solve the problem of the workload of employees? Provide TWO points. TWO different points   part marks for incomplete / partial / unclear responses  Train the sales staff member to do repairs  Suggest incentive bonuses / overtime pay  Negotiate a better wage package / commission  Train staff to work in other departments / rotation  Employ temporary staff / casual workers / employ more workers 4 3.4 Sales trends: Comment on the cash and credit sales figures for November 2021. Explain why Brian is concerned. Quote figures. Comment on both cash sales  and credit sales  (with comparison of budget and actual figures)  Comment on cash sales only (with comparison of budget and actual figures) one mark Comment on credit sales only (with comparison of budget and actual figures) one mark Expected responses for 3 marks:  Cash sales are lower than expected by R336 800 / 70,3% / (478 800$ – 142 000) whilst credit sales are higher than expected by R245 800 / 77% / (565 000 – 319 200$)  Cash sales are now only 20% of total sales (142 000/707 000) expected 60%; whilst credit sales are now 80% of total sales (565 000 / 707 000); expected 40% 3 Copyright reserved Please turn over ### Page 9 Downloaded from hlayiso.com Accounting/P2 9 DBE/November 2021 NSC – Marking Guidelines 3.5 Comment on the control over fuel for the delivery vehicle and the consumable stores used for repairs. Quote figures. EXPENSE COMMENT (with figures) Explanation   Figures: must compare budget to actual percentages   Allocate ONE mark for relevant total amounts for EACH expense Fuel for Fuel expense is not well controlled, assuming that all delivery vehicle customers require delivery  Budgeted at 2,6% of total sales (20 800/798 000); actual was 2,8% of actual sales (19 900/707 000)  Total sales less than budgeted by 11,4% / by R91 000 Fuel is less than budgeted by 4,3% / by R900 Consumable Efficient control over consumable stores / well controlled / stores for indication of minimal wastage repairs  Budgeted to spend 25% of fee income (8 000/32 000); actual usage was 18,3% (12 100/66 000)  Fee income is more than budgeted by 106% / by R34 000 Consumable stores are only 51,3% more than the budgeted amount / by R4 100. 6 TOTAL MARKS 35 Copyright reserved Please turn over ### Page 10 Downloaded from hlayiso.com Accounting/P2 10 DBE/November 2021 NSC – Marking Guidelines QUESTION 4: 4.1.1 Calculate: Value of the closing stock on 28 February 2021 WORKINGS ANSWER 2 346 040 four marks 2 182 700 two marks 60 x 900 2 490 x 25 101 090 + 2 236 700– 54 000 + 62 250  x 420 R373 800  2 636 one part correct One part correct 206 + 2 490 – 60 must be x 420 Numerator and denominator must be marked as such OR: R890 six marks x 420 7 4.1.2 Calculate: Stock turnover rate WORKINGS ANSWER Using units: 7,1 times  2 216  one part correct; ½(206 +420) accept 7 times 313 two marks Using amounts: 1 972 240 one m.marks (2 346 040 – 373 800) see 4.1.1. 8,3 times  ½ (101 090 + 373 800 see 4.1.1) one part correct; accept 8 times one mark one m.mark 237 445 two m.marks Numerator and denominator must be marked as such 4 4.1.3 Comment on the stock turnover rates for boots and sandals and identify the major problem relating to EACH product. Quote figures. COMMENT ON STOCK HOLDING IDENTIFY MAJOR PROBLEM RATE (WITH FIGURES) Explanation of problem   Comment   Figures   Figures are not necessary; may enhance the quality of responses  STR of 2 (average every 6 months) Too much stock on hand (62% of experiences slow sales / total closing stock) / Money tied generating good gross profit up in stock (R708 400) will impact Boots (R1 122 300) on liquidity / also a security risk /  Mark-up of 80% may be too theft / can become obsolete. high; expensive for customers – (exclusive clientele)  STR is 76 (every 5 days); Business is not meeting the  Low mark-up of 33,3% makes orders (3 600 not supplied this very affordable / in demand; (15 000 – 11 400) / Not enough hence sandals are a good seller stock on hand to meet orders / Sandals may run out of stock / Loss of revenue of R1 728 000 (could have a negative impact on liquidity. 6 Copyright reserved Please turn over ### Page 11 Downloaded from hlayiso.com Accounting/P2 11 DBE/November 2021 NSC – Marking Guidelines 4.2 FIXED ASSETS 4.2.1 List THREE points for good internal control over movable fixed assets. Any THREE valid points  Accept short, specific statements; do not accept general statements e.g. “good management” or “division of duties”  Maintain an updated fixed asset register / depreciation / carrying value / condition  Regular physical inspection / count the items / identification tags (barcodes)  Service and maintenance plans, and ensure that this is done regularly  Insurance plan to cover loss / damage / accidents  Keep a log book and mileage / install tracking devices  Note drivers / users in a register / authorisation for use / record of time in/out.  Only trained personnel to use technical equipment  Cameras to monitor use of equipment  Secure premises for storage / locked garage / alarm system in premises 3 4.2.2 Calculate: Cost of land and buildings purchased on 31 August 2020 WORKINGS ANSWER 6 250 000 – 5 500 000 R750 000  – 60 000  R690 000  3 4.2.3 Calculate: Depreciation on vehicle for year ended 28 February 2021 WORKINGS ANSWER R480 000 x 25% = R120 000; but carrying value is R30 000 R30 000 – R1 Maximum permitted: R30 000 R29 999  2 Copyright reserved Please turn over ### Page 12 Downloaded from hlayiso.com Accounting/P2 12 DBE/November 2021 NSC – Marking Guidelines 4.2.4 Calculate: Loss on photocopy machine traded in on 30 November 2020 WORKINGS ANSWER 224 000 two marks (30% x 224 000 x 9/12) two marks 320 000 – (96 000 + 50 400) – 88 000  146 400 three marks 173 600 four marks OR 85 600 Asset Disposal One part correct Equip 320 000 one mark (96 000 + 50 400) Acc dep 146 400 three marks Cred contr 88 000 one mark Loss on sale 85 600 method mark Be alert to other valid alternative presentations for calculations 6 Calculate: Depreciation on the new photocopy machine and on the remaining old equipment for the year ended 28 February 2021 WORKINGS ANSWER Depreciation on the new photocopy machine: R410 000 x 30% x 3/12 R30 750 One part correct Accept alternative expressions e.g. 0,3; 30/100; ¼; 25%; 0,25 as one part correct 2 Depreciation on the remaining old equipment: Choose and mark ONE option consistently OPTION 1: * 30% is not “one part correct” (2 100 000 – 320 000) = 1 780 000  one part correct (1 440 000 – 96 000) = (1 344 000)  one part correct 2 100 000 – 1 440 000 – 224 000 436 000 four marks x 30%* R130 800 OPTION 2: * 30% is not “one part correct” One part correct If x 30% (2 100 000 – 1 440 000) x 30% = 198 000 one mark + one m.mark (320 000 – 96 000) x 30% = (67 200) one mark + one m.mark OPTION 3: * 30% is not “one part correct” (2 100 000 – 1 440 000) x 30% = 198 000 one mark + one m.mark [320 000 – (146 400 – 50 400)] x 30% = (67 200) one mark + one m.mark 5 4.2.5 The CEO feels that the land and buildings are worth at least R10 000 000 and wants to adjust the figure in the Statement of Financial Position (Balance Sheet) accordingly. Explain why the auditor does NOT agree. Any valid reason  part marks for incomplete / partial / unclear responses  Historical cost rule: should be shown at their original cost price / Prudence: to be conservative in reflecting assets on financial statements  Profit can be recognised / realised on disposal  Unethical to manipulate figures in the financial statements / inflated value  CEO's opinion does not seem to be based on clear evidence; needs evaluation / appraiser 2 TOTAL MARKS 40 TOTAL: 150 Copyright reserved ## Related documents - [Accounting P2 Nov 2021 Afr](https://www.hlayiso.com/library/accounting-p2-nov-2021-afr/6fec8993-f2b5-4aac-9ce1-277abdc5ca20) — Accounting · QP · 2021 · Afr - [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) — Accounting · Memo · 2025 · Afr - [Accounting P1 Nov 2021 Answer Book Afr](https://www.hlayiso.com/library/accounting-p1-nov-2021-answer-book-afr/4f3e9f53-936c-4ad6-b22c-aebca5401cfe) — Accounting · Addendum · 2021 · Afr - [Accounting P2 Nov 2020 Afr](https://www.hlayiso.com/library/accounting-p2-nov-2020-afr/11a416d1-5a4d-43f5-8e86-04e631d2a55d) — Accounting · QP · 2021 · Afr - [Accounting P2 QP Nov 2020 Eng D](https://www.hlayiso.com/library/accounting-p2-qp-nov-2020-eng-d/7a7e912d-274c-4600-8f33-8c3e779b6f8e) — Accounting · QP · 2021 · Eng - [Accounting P2 Nov 2020 ANSBK Eng D REV](https://www.hlayiso.com/library/accounting-p2-nov-2020-ansbk-eng-d-rev/863967ff-8393-4d36-ac90-75cbdfc8ad7e) — Accounting · QP · 2021 · 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 - [ACCOUNTING P1 GR12 QP JCT 2025 AFR D watermark](https://www.hlayiso.com/library/accounting-p1-gr12-qp-jct-2025-afr-d-watermark/c6a5692b-3cb0-464b-bb82-67d6ce83bfdd) — QP · 2025 · Afr - [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) — QP · 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) — QP · 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 ## 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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