# Accounting Grade 10 P2 Gauteng November 2019 Addendum (Eng)

> Grade 10 Accounting Paper 2 addendum from the Gauteng November 2019 (English), 10 pages. Read online or get the free PDF download.

- Page: https://www.hlayiso.com/library/gr10-acc-p2-english-november-2019-answer-book/1e2fca7e-08bf-43d1-bfaf-6a9f27bbb3dd
- Updated: 2026-09-27
- Subject: Accounting
- Grade: Grade 10
- Language: English
- Document type: Addendum
- Year: 2019
- Exam period: Gauteng November
- Paper: 2
- Curriculum: CAPS
- Pages: 10

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## About this document

Accounting · Grade 10 · Gauteng November · 2019 · English. Addendum, 10 pages. Read online or download the PDF.

Read it free online on the page above; download the PDF from there.

## Matching paper and memo

- [Gr10 Acc P2 (English) November 2019 Question Paper](https://www.hlayiso.com/library/gr10-acc-p2-english-november-2019-question-paper/2bb4c065-5cd8-4e68-b0be-7e90875db915) — QP · 2019 · Eng

## Document text

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### Page 1

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                     GAUTENG DEPARTMENT OF EDUCATION
                          PROVINCIAL EXAMINATION
                            NOVEMBER 2019
                                 GRADE 10

                               ACCOUNTING
                                 PAPER 2

                              ANSWER BOOK

NAME: ___________________________________________________________

    QUESTION             MARKS       INITIALS         MOD.
            1
            2
            3
            4
            5
        TOTAL

10 pages

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### Page 2

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Accounting/P2                              2             GP/November 2019
                                Grade 10 – Answer Book

QUESTION 1

1.1 VAT

     1.1.1

     1.1.2

     1.1.3

     1.1.4

     1.1.5

     1.1.6
                                                          6

1.2 ETHICS

     Comment on the suggestion. Provide TWO points.

                                                          4

                               TOTAL MARKS

                                      10

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Accounting/P2                                3                          GP/November 2019
                                  Grade 10 – Answer Book

QUESTION 2

2.1 Prepare a correct Debtors’ Control Account for September 2019
     by taking into account errors and omissions. Balance the
     account.
                       GENERAL LEDGER OF SUNSHINE TRADERS
Dr                         DEBTORS’ CONTROL                               Cr
                                                   Bank and
2019                                   2019
Sep
      01 Balance       b/d             Sep
                                            30      discount   CRJ
                                                    allowed
       30

                                                                         20
2.2 Prepare a correct list of debtors as at 30 September 2019.
     DEBTOR                                           Debit    Credit
     S. Taylor                                         6 500

       P. Africa

       G. Kruger

       M. Ahmed

       R. Dioka

       P. Hlapa

       T. Makobo

                                                                         21

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Accounting/P2                              4                      GP/November 2019
                                Grade 10 – Answer Book

2.3 Discuss TWO strategies that can be implemented to encourage
    debtors to pay their accounts on time.

                                                                   4

                              TOTAL MARKS

                                      45

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### Page 5

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Accounting/P2                                  5                        GP/November 2019
                                    Grade 10 – Answer Book

QUESTION 3

3.1    Calculate the depreciation on equipment for the year ended
       28 February 2019.

                                                                         5

3.2    Calculate the carrying value (book value) of equipment on
       28 February 2019.

                                                                         4

3.3    ASSET REGISTER

                       CAT Pick-       Date
           ASSET:                                 1 December 2016
                       up-Loader    Purchased:
                                    Depreciation      20% p.a. on
         Cost price:    R110 000
                                      method      diminishing balance
                          RECORD OF DEPRECIATION
                                     Accumulated
            Date       Depreciation                  Carrying value
                                     Depreciation
        28 Feb 2018                      26 400

        28 Feb 2019                                                      5

3.4    State ONE reason why the asset register is a valuable tool in
       asset management.

                                                                         2

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Accounting/P2                                  6                           GP/November 2019
                                    Grade 10 – Answer Book

3.5    State TWO internal control measures that the owner can put in
       place to reduce the misuse of the delivery vehicle by the driver.

                                                                            4

                                   TOTAL MARKS

                                          20

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Accounting/P2                                 7                       GP/November 2019
                                   Grade 10 – Answer Book

QUESTION 4

4.1     Use the following information to set up the Trading Stock
        account. Balance the account.
                        GENERAL LEDGER OF BOOMA TRADERS
Dr                           TRADING STOCK                                 Cr
 2019
March    1

                                                                       24
4.2.1 Provide TWO possible reasons for the difference between these
      two amounts.

                                                                       4

4.2.2    The business purchases more on cash than on credit. Prove
         this statement by giving figures (amounts).

                                                                       2

                                 TOTAL MARKS

                                         30

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Accounting/P2                                     8                      GP/November 2019
                                       Grade 10 – Answer Book

QUESTION 5

5.1     MANUFACTURING

5.1.1   (a)

        (b)

        (c)
                                                                          3

5.1.2   Calculate the following. Show calculations clearly.
                           CALCULATIONS                         ANSWER
        (i) Direct material cost per kite

                                                                          4
        (ii) Total manufacturing overheads for October

                                                                          5
        (iii) Total production cost for October 2019 if 2 500
               kites were produced

                                                                          7
        (iv) Unit cost of production

                                                                          3
        (v) What is the percentage profit Dan earned per
            kite during October 2019, if the kites were sold
            at R155 each?

                                                                          4

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Accounting/P2                                   9                             GP/November 2019
                                     Grade 10 – Answer Book

        (vi) Explain the difference between fixed and variable costs.

                                                                               4

5.2     BUDGETS

5.2.1   What is the aim of preparing a cash budget?

                                                                               2

5.2.2   Name TWO items which will not appear in a cash budget.

                                                                               2

5.2.3   If cash sales are 60% of the total sales, calculate the total sales
        for January.

                                                                               5

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Accounting/P2                                 10             GP/November 2019
                                    Grade 10 – Answer Book

5.2.4   Determine the cash surplus / (deficit) for March.

                                                              3

5.2.5   Determine the bank balance at the end of March.

                                                              3

                                  TOTAL MARKS

                                          45

                                                                  TOTAL: 150

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