# Accounting Grade 12 NSC June 2014 Addendum (English)

> Grade 12 Accounting addendum from the NSC June 2014 (English), 12 pages. Read online or get the free PDF download.

- Page: https://www.hlayiso.com/library/accounting-sg-english-june-2014-answer-book/74d70530-1e13-4bf0-8a0d-4530c3888088
- Updated: 2026-09-27
- Subject: Accounting
- Grade: Grade 12
- Language: English
- Document type: Addendum
- Year: 2014
- Exam period: NSC June
- Curriculum: CAPS
- Pages: 12

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## About this document

Accounting · Grade 12 · NSC June · 2014 · 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

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### Page 1

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                     SENIOR CERTIFICATE EXAMINATION

                                 CENTRE NUMBER

                          CANDIDATE'S EXAMINATION NUMBER

                                 ACCOUNTING

                              STANDARD GRADE

                                       2014

                                ANSWER BOOK

        QUESTION           MARKS                INITIAL          MOD.

            1
            2
            3
            4
            5
            6

         TOTAL

                        This answer book consists of 12 pages.
    3

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### Page 2

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Accounting/SG                         2                                       DBE/2014
                               SCE – Answer Book

                                QUESTION 1

1.1
CASH RECEIPTS JOURNAL OF MAKWENA TRADERS FOR MAY 2014             CRJ 6

DOC    DAY           DETAILS                 SUNDRY         FOL           DETAILS
                               BANK
No.                                         ACCOUNTS
        30      Total              46 464          46 464

                                                                               10

1.1
CASH PAYMENTS JOURNAL OF MAKWENA TRADERS FOR MAY 2014             CPJ 6

DOC    DAY           DETAILS                 SUNDRY         FOL           DETAILS
                               BANK
No.                                         ACCOUNTS

        30      Total              37 373          37 373

                                                                               15

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### Page 3

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 Accounting/SG                         3                            DBE/2014
                                SCE – Answer Book

1.2 Dr                  GENERAL LEDGER OF MAKWENA TRADERS                       Cr

                                      BANK

                                                                      7

 1.3 BANK RECONCILIATION STATEMENT OF MAKWENA TRADERS ON 31 MAY 2014

                                                                               12
 1.4
ONE examples of bank charges

                                                                          1

                                 TOTAL MARKS

                                        45

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### Page 4

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Accounting/SG                              4                                DBE/2014
                                    SCE – Answer Book

                                     QUESTION 2

                                    JB TRADERS
                     NOTES TO BALANCE SHEET ON 28 FEBRUARY 2014
2.1
CAPITAL ACCOUNTS
                                                        J JONES   B BOTHA
                                                            R        R

                                                                              6
CURRENT ACCOUNTS

                                                   J JONES        B BOTHA
                                                        R           R

                                                                              20

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### Page 5

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Accounting/SG                             5                            DBE/2014
                                   SCE – Answer Book

      2.2                        JB TRADERS
                        BALANCE SHEET ON 28 FEBRUARY 2014
      ASSETS
      Non-current assets

      Current assets
       Inventories
       Trade & other receivables                       9 760
       Cash & cash equivalents

      TOTAL ASSETS

      EQUITY AND LIABILITIES
      Owners' Equity
              Capital
              Current accounts

      Non-current liabilities
         Loan

      Current liabilities
      Trade & other payables

      Bank overdraft
      TOTAL EQUITY AND LIABILITIES

                                                                         34

                                     TOTAL MARKS

                                            60

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### Page 6

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Accounting/SG                           6                              DBE/2014
                                 SCE – Answer Book

                                  QUESTION 3

3.1
                     GENERAL LEDGER OF SCHEUNSAMY TRADERS CC

Dr                            MEMBERS' CONTRIBUTIONS                              Cr

                                                                         9
3.2
Dr                                SARS – INCOME TAX                               Cr

                                                                         11

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### Page 7

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Accounting/SG                          7                         DBE/2014
                                SCE – Answer Book

3.3 Dr                 DISTRIBUTION PAYABLE TO MEMBERS                      Cr

                                                                   8

3.4 Dr                         DISTRIBUTION TO MEMBERS                      Cr

                                                                   4

3.5 Dr                        APPROPRIATION ACCOUNT                         Cr

                                                                   8

                                   TOTAL MARKS

                                         40

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### Page 8

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Accounting/SG                              8                                DBE/2014
                                    SCE – Answer Book

                                     QUESTION 4

4.1     DEBTORS' COLLECTION SCHEDULE OF RAZIA TRADERS FOR THE PERIOD
        1 APRIL 2014 TO 31 MAY 2014
                        CREDIT SALES    APRIL              MAY
                              R           R                 R
February                           48 000                                           0
March                              70 000                28 000
April                              60 000
May                                44 000                       0

                                                                               12

4.2 CASH BUDGET FOR THE PERIOD 1 APRIL 2014 TO 31 MAY 2014
                                                        APRIL          MAY
                                                          R             R
CASH RECEIPTS
Cash sales
Collection from debtors

CASH PAYMENTS
Cash payments
Payments to creditors

Surplus/Shortfall
Balance of the bank at the beginning of month
Balance of the bank at the end of month

                                                                              34

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### Page 9

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Accounting/SG                        9                       DBE/2014
                              SCE – Answer Book

4.3
TWO EXPENSES THAT WILL NOT APPEAR IN A CASH BUDGET

                                                            4

                           TOTAL MARKS

                               50

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### Page 10

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Accounting/SG                                10                    DBE/2014
                                      SCE – Answer Book

                                       QUESTION 5

                            BALLITO TRADERS
        5.1 INCOME STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2014
     Sales
     Cost of sales
     Gross profit
     Other operating income

     Gross operating income
     Operating expenses

     Operating profit

     Profit before interest expense

     Profit before tax

     Net profit

                                                                46

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### Page 11

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Accounting/SG                                 11                   DBE/2014
                                       SCE – Answer Book

5.2.1 Retained Income
Balance at the beginning of the year

Balance at the end of the year

                                                                  8

5.2.2 Trade and other receivables (debtors)

                                                                 11

                                 TOTAL MARKS

                                        65

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### Page 12

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Accounting/SG                             12                         DBE/2014
                                   SCE – Answer Book

                                    QUESTION 6

6.1 Dr                  GENERAL LEDGER OF VORSTER BOWLING CLUB              Cr
                                   MEMBERSHIP FEES
2013                                          2013
Jan                                           Jan

                                                                      16
6.2      ANALYSIS OF TRANSACTIONS

      NO.            RECEIPTS     PAYMENTS             INCOME   EXPENSES

   6.2.1
   6.2.2
   6.2.3
   6.2.4
   6.2.5
   6.2.6
   6.2.7

                                                                      24

                                TOTAL MARKS

                                    40

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