# Accounting Grade 12 NSC June 2012 Addendum (English)

> Grade 12 Accounting addendum from the NSC June 2012 (English), 13 pages. Read online or get the free PDF download.

- Page: https://www.hlayiso.com/library/accounting-sg-english-june-2012-answer-book/5de347dc-dc8a-4572-8683-3c4c09675b38
- Updated: 2026-09-27
- Subject: Accounting
- Grade: Grade 12
- Language: English
- Document type: Addendum
- Year: 2012
- Exam period: NSC June
- Curriculum: CAPS
- Pages: 13

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## About this document

Accounting · Grade 12 · NSC June · 2012 · English. Addendum, 13 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

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basic education

Department:
Basic Education
REPUBLIC OF SOUTH AFRICA

SENIOR CERTIFICATE EXAMINATION

CENTRE NUMBER

CANDIDATE'S EXAMINATION NUMBER

ACCOUNTING
STANDARD GRADE
2012
ANSWER BOOK

QUESTION MARKS INITIAL

1
2
3
4
5

= ____ |

This answer book consists of 13 pages.

Conyright reserved FAUT OA A A Pease tum over

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Accounting/SG 2 DBE/2012
SCE — Answer Book
QUESTION 1
CLOSE CORPORATION (40 marks; 23 minutes)
1.1
GENERAL LEDGER OF MANWETSA CC

Dr MEMBERS' CONTRIBUTION | Cr
7

1.2

Dr RETAINED INCOME Cr
6

1.3

Dr SARS —- INCOME TAX Cr
10

Copyright reserved

UAANV ANA AEE A

GAUTENG

Please turn over

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Accounting/SG 3 DBE/2012
SCE — Answer Book
1.4
Dr DISTRIBUTION PAYABLE TO MEMBERS Cr
7
1.5
Dr APPROPRIATION ACCOUNT Cr
|
10
TOTAL MARKS
40
Copyright reserved Please turn over

GAUTENG

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Accounting/SG 4 DBE/2012
SCE — Answer Book

QUESTION 2
PARTNERSHIP (70 marks; 43 minutes)
2.1 SAMKOK TRADERS
CURRENT ACCOUNTS
K Kok S Sam TOTAL

Partners' salaries

Interest on capital

Primary distribution

Share of remaining profit

25

Con read JNA AUN) ese ve

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Accounting/SG 5
SCE — Answer Book

2.2

DBE/2012

LINTON TRADERS

INCOME STATEMENT FOR THE YEAR ENDED 29 FEBRUARY 2012

Sales

Cost of sales

Gross profit for the year

Other income

Rent income

Discount received

Bad debts recovered

Gross income for the year

Operating expenses

Stationery

Packing material

Salaries and wages

Bad debts

Discount allowed

Insurance

Water and electricity

Sundry expenses

Operating profit

Interest income

Interest expense

Net profit for the year

TOTAL MARKS

Comritreeoned TNT

45

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Accounting/SG 6 DBE/2012
SCE — Answer Book

QUESTION 3

BANK RECONCILIATION (40 marks; 24 minutes)
3.1 CASH RECEIPTS JOURNAL OF MASANGO STORES — APRIL 2012 CRJ4
DOC | pay | DETAILS BANK SUNDRY | FoL DETAILS
NO. ACCOUNTS .

30 | Total 42 333 42 333

13

3.1 CASH PAYMENTS JOURNAL OF MASANGO STORES — APRIL 2012 CPJ 4
DOC. | pay | DETAILS BANK SUNDRY | FOL DETAILS
NO. ACCOUNTS .

30 | Total 39 444 39 444

13

Copyright reserved FAUT AA OG IAEA A Mease lun over

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Accounting/SG if DBE/2012
SCE — Answer Book

3.2. BANK RECONCILIATION STATEMENT OF MASANGO STORES - 30 APRIL 2012

14

TOTAL MARKS

40

Coprihtesoned ANANSI) se me

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Accounting/SG 8 DBE/2012
SCE — Answer Book

QUESTION 4
CLUB (50 marks; 30 minutes)
4.1
Dr GENERAL LEDGER OF MAKWANAZI TENNIS CLUB Cr
MEMBERSHIP FEES ACCOUNT
2011 2011
Jan. 1 Jan. dl
Dec. 31 Dec. | 31

17

aididiiaaiial FIAT AAO A A Messe turn over

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Accounting/SG 9 DBE/2012
SCE — Answer Book

4.2 MAKWANAZI TENNIS CLUB
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED
31 DECEMBER 2011

RECEIPTS

PAYMENTS

Cash surplus/deficit for the year

Balance at the beginning of the year

Balance at the end of the year

33

TOTAL MARKS

50

Conrihreeoned LANAI] 24 ve

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Accounting/SG 10 DBE/2012
SCE — Answer Book

QUESTION 5
BUDGET (50 marks; 30 minutes)
5.1 DEBTORS' COLLECTION SCHEDULE OF HALL TRADERS FOR THE PERIOD
APRIL TO MAY 2012
Credit Sales April May
R R R
February
March
April
Mei

13

Conroe ANILINE == sem ov

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Accounting/SG 11
SCE — Answer Book

HALL TRADERS

5.2__ CASH BUDGET FOR THE PERIOD APRIL TO MAY 2012

DBE/2012

CASH RECEIPTS APRIL

MAY

Cash sales

Collection from debtors

CASH PAYMENTS

Cash purchases

Payments to creditors

Advertising

Surplus/Shortfall

Balance at the beginning of the month

Balance at the end of the month

—_—_

TOTAL MARKS

50

coor reoned NAN

37

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### Page 12

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Accounting/SG

COMPANY
FIXED ASSETS

12
SCE — Answer Book

QUESTION 6

DBE/2012

(50 marks; 30 minutes)

LAND AND
BUILDING

VEHICLES

EQUIPMENT

Cost price

485 000

Accumulated depreciation

121 600

Carrying value in the begin

MOVEMENTS

Additions at cost price

Depreciation

Disposals

Carrying value at the end

Cost price

Accumulated depreciation

TRADE AND OTHER PAYABLES

21

Trade debtors

Copyright reserved

GAUTENG

Please turn over

### Page 13

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Accounting/SG 13 DBE/2012
SCE — Answer Book

ORDINARY SHARE CAPITAL

AUTHORISED

Ordinary shares atR__5

ISSUED

shares issued the previous year at R

shares issued during the year at R

shares at R on closing date

TRADE AND OTHER PAYABLES

12

TOTAL MARKS

Copritesoned NAN

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