# Accounting Grade 11 Eastern Cape November 2016 QP (Eng) > Grade 11 Accounting question paper from the Eastern Cape November 2016 (English), 16 pages. Read online or download the free PDF. - Page: https://www.hlayiso.com/library/gr11-accn-n16-qp-eng/69b16764-e243-44da-a4b9-51d469d7d1bd - Updated: 2026-09-27 - Subject: Accounting - Grade: Grade 11 - Document type: Question paper - Year: 2016 - Exam period: Eastern Cape November - Curriculum: CAPS - Pages: 16 Breadcrumbs: [Home](https://www.hlayiso.com/) › [Library](https://www.hlayiso.com/library) › [Grade 11](https://www.hlayiso.com/library/grade-11) › [Accounting](https://www.hlayiso.com/library/grade-11/accounting) › [Accounting Grade 11 Eastern Cape November 2016 QP (Eng)](https://www.hlayiso.com/library/gr11-accn-n16-qp-eng/69b16764-e243-44da-a4b9-51d469d7d1bd) ## About this document Accounting · Grade 11 · Eastern Cape November · 2016. Question paper, 16 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 Downloaded from hlayiso.com NATIONAL SENIOR CERTIFICATE GRADE 11 NOVEMBER 2016 ACCOUNTING MARKS: 300 TIME: 3 hours *IACCNE* This question paper consists of 16 pages and a 15 page answer book. ### Page 2 Downloaded from hlayiso.com 2 ACCOUNTING (EC/NOVEMBER 2016) INSTRUCTIONS AND INFORMATION 1. Answer ALL the questions in the answer book provided. 2. Where applicable, workings must be shown in order to achieve part-marks. 3. Non-programmable calculators may be used. 4. You may use a dark pencil or black/blue ink to answer the questions. 5. Where applicable, all calculations must be rounded off to ONE decimal place. 6. A breakdown of the questions is provided below. You must attempt to comply with the suggested time allocation for each question. To exercise good time management, try NOT to deviate from it. QUESTION 1: 60 marks; 36 minutes Main topic of the question: This question integrates: Managerial accounting Cost accounting - Manufacturing  Concepts, cost calculations and ledger accounts  Unit cost and break-even analysis QUESTION 2: 40 marks; 24 minutes Main topic of the question: This question integrates: Financial accounting  Creditors’ reconciliation Reconciliations, Internal Control  VAT – concepts and calculations and VAT Managing resources  Internal controls and ethics QUESTION 3: 70 marks; 42 minutes Main topic of the question: This question integrates: Financial accounting Fixed Assets and  Concepts, Income Statement, Balance Sheet and notes Financial Statements Managing resources  Depreciation, calculations and fixed assets management QUESTION 4: 40 marks; 24 minutes Main topic of the question: This question integrates: Financial accounting Partnerships - Ledger accounts  Concepts, Current Account, Financial Indicators and and Interpretation Interpretation QUESTION 5: 35 marks; 21 minutes Main topic of the question: This question integrates: Managing Resources Budgeting  Completing and analysing Projected Income Statement  Internal control processes QUESTION 6: 55 marks; 33 minutes Main topic of the question: This question integrates: Financial accounting  Membership fees account of a sports club Clubs, Stock Systems and Managing resources Problem Solving  Perpetual and periodic stock systems  Problem solving Copyright reserved Please turn over ### Page 3 Downloaded from hlayiso.com (EC/NOVEMBER 2016) ACCOUNTING 3 QUESTION 1: COST ACCOUNTING - MANUFACTURING (60 marks; 36 minutes) 1.1 Match the terms in column A with the examples provided in column B. Write only the letter (A to E) next to each question number in the ANSWER BOOK (e.g.: 1.1.1 E). COLUMN A COLUMN B 1.1.1 Selling and distribution cost A Wood used to make the desks 1.1.2 Direct material cost B Advertising expense 1.1.3 Factory overhead cost C Office stationery expense 1.1.4 Administration cost D Factory rent expense 1.1.5 Direct labour cost E Production wages (5) 1.2 BEECUM BUILDERS Beecum Builders manufactures school desks. The information presented relates to the financial year ended 29 February 2016. REQUIRED: 1.2.1 Calculate the following:  Direct material cost (6)  Direct labour cost (7) 1.2.2 Complete the table for factory overhead cost. (10) 1.2.3 Post to the Work-In-Process Stock account in the general ledger. (8) 1.2.4 Calculate the gross profit earned for the financial year ended 29 February 2016. (8) INFORMATION: A. Stock balances: 29 FEBRUARY 2016 1 MARCH 2015 (R) (R) Raw material 34 530 23 500 Work-in-process 26 600 27 270 Finished goods 42 600 37 275 240 desks 210 desks Copyright reserved Please turn over ### Page 4 Downloaded from hlayiso.com 4 ACCOUNTING (EC/NOVEMBER 2016) B. Transactions during the year: (R) Cash and credit purchases of raw material 488 400 Transport cost on raw material 14 230 Defective raw material returned to suppliers 8 600 Cash purchases of factory indirect material 23 750 Production wages ? Salary and wages 213 800 Rent expense 278 400 Insurance 46 800 Water and electricity 134 900 Factory sundry expenses 38 699 C. Production wages: Number of employees 5 Normal time (hours per employee) 1 840 hours Overtime (hours worked per employee) 77 hours Normal time rate R45,60 Overtime rate 1,5 times the normal rate Deductions and contributions: EMPLOYEE EMPLOYER Pension Fund 7% of basic 9% of basic Unemployment Insurance Fund (UIF) 1% of basic 1% of basic D. Consumable stores used in the factory amounted to R22 450. E. Indirect labour inclusive of benefits totalled R81 000. F. The rent expense must be apportioned between the factory, sales department and the office in the ratio 5 : 2 : 1. G. 75% of water and electricity must be allocated to the factory. H. 2 of the insurance expense is for the factory. 3 I. During the year, 8 000 desks were produced at a cost of R177,50 per unit. Desks are sold at a fixed selling price of R250 each. 1.3/… Copyright reserved Please turn over ### Page 5 Downloaded from hlayiso.com (EC/NOVEMBER 2016) ACCOUNTING 5 1.3 ZONDO MANUFACTURERS Zondo manufactures plastic stationery bags for matriculants. The information below is from their records for the financial year ended 30 June. REQUIRED: 1.3.1 Calculate the amounts denoted by (a) and (b) in the information. (4) 1.3.2 Verify the break-even number of units for the financial year ended 30 June 2016 by showing a calculation. (4) 1.3.3 Comment on the break-even point and the level of production for both years. Quote relevant figures in your comment. (4) 1.3.4 Provide a valid reason for the change in direct material cost per unit. (2) 1.3.5 Give ONE suggestion that the business can use to improve production and profitability. Quote figures. (2) INFORMATION: 30 JUNE 2016 2015 TOTAL COST UNIT COST UNIT COST Fixed costs ? 25,00 23,50 Factory overhead cost 224 640 18,00 17,00 Administration cost (a) 7,00 6,50 Variable costs ? ? 59,50 Direct labour cost 349 440 28,00 25,60 Direct material cost 374 400 (b) 25,00 Selling and distribution cost 106 080 8,50 8,90 Number of units produced and sold 12 480 11 800 Selling price per unit R92,50 R83,00 Break-even number of units 12 000 11 800 60 Copyright reserved Please turn over ### Page 6 Downloaded from hlayiso.com 6 ACCOUNTING (EC/NOVEMBER 2016) QUESTION 2: RECONCILIATIONS, INTERNAL CONTROLS and VAT (40 marks; 24 minutes) 2.1 CREDITORS’ RECONCILIATION Dolphin Stores received a statement of account from creditor, Titan Suppliers. REQUIRED: 2.1.1 Reconcile the account of Titan Suppliers in the Creditors Ledger of Dolphin Stores, with the statement received. Show negative amounts in brackets. (16) 2.1.2 Invoice 780 on the 12 July 2016, was for goods purchased by the owner for his personal use. What advice would you offer him about this transaction? Quote a relevant GAAP principle in your response. (3) 2.1.3 The internal auditor wants to improve the internal control of stock and creditors. Provide TWO control measures that he may consider. (4) INFORMATION: A. Creditors Ledger of Dolphin Stores Titan Suppliers (CL6) DATE DETAILS FOL DEBIT CREDIT BALANCE July 1 Account rendered/Balance b/d 37 420 5 Invoice No. 154 CJ 7 830 45 250 8 Debit Note No. 43 CAJ 520 45 770 12 Invoice No. 780 CJ 2 500 48 270 16 Cheque No. 887 CPJ 12 500 35 770 Discount received CPJ 625 35 145 27 Invoice No. 991 CJ 3 560 38 705 B Statement of account received from Titan Suppliers TITAN SUPPLIERS No : 1123 To : Dolphin Stores Peddie 25 July 2016 DATE DETAILS AMOUNT BALANCE July 1 Balance 37 420 5 Invoice No. 154 8 730 46 150 8 Credit Note No. 90 (520) 45 630 16 Receipt No. 6651 (12 500) 33 130 24 Credit Note 112 (375) 32 755 25 Interest on overdue account 248 33 003 E&OE Statement includes transactions up to 25 July 2016 Copyright reserved Please turn over ### Page 7 Downloaded from hlayiso.com (EC/NOVEMBER 2016) ACCOUNTING 7 C. Additional information: (i) Invoice No. 154 was recorded incorrectly on the statement. (ii) The goods returned on the 8th was posted incorrectly in the creditors’ ledger account. (iii) Invoice No. 780 in the creditors’ ledger was for goods purchased from another supplier, Titanic Stores. (iv) Titan Suppliers did not grant a discount for the payment on the 16th stating that the payment was too late to qualify for the discount. (v) Credit Note No. 112 on the statement was an error on the statement. Goods were not returned by the business. (vi) Interest on overdue account must still be taken into account 2.2 VALUE ADDED TAX (VAT) 2.2.1 Indicate whether the following statements are True or False. (a) All formal businesses must be registered for VAT. (b) Registered businesses must submit their VAT returns every month. (c) Salaries and wages are exempted from VAT. (3) 2.2.2 Choose the correct answer from those within brackets. (a) VAT paid to suppliers for the purchase of stock is referred to as (input VAT / output VAT). (b) VAT is payable to (SARS / SARB). (2) 2.2.3 Calculate the missing amounts on the table provided. Note that the standard VAT rate is 14%. AMOUNT EXCLUDING VAT VAT AMOUNT AMOUNT INCLUDING VAT 14 500 (a) (b) (c) (d) 40 584 (8) 2.2.4 Ernest Polle purchases goods on a regular basis from Pinetown Wholesalers. The store manager of Pinetown Wholesalers has offered Ernest a special price of R56 800, inclusive of VAT, instead of the normal price of R76 200 for trading inventory, provided that Ernest pays cash and does not require any documentation.  What advice would you offer Ernest about this transaction? Explain. (4) 40 Copyright reserved Please turn over ### Page 8 Downloaded from hlayiso.com 8 ACCOUNTING (EC/NOVEMBER 2016) QUESTION 3: FIXED ASSETS AND FINANCIAL STATEMENTS (70 marks; 42 minutes) The following information was taken from the records of Monday Traders, with partners Mona and Daysee. The financial year ended on 29 February 2016. REQUIRED: 3.1 Complete the following accounts in the general ledger: 3.1.1 Accumulated depreciation on equipment (12) 3.1.2 Asset disposal account on 31 October 2015 (10) 3.2 Prepare the Trade and Other Receivables note for the Balance Sheet. (8) 3.3 Complete the Income Statement for the year ended 29 February 2016. (40) INFORMATION: A. Balances and totals on 29 February 2016 (unless otherwise indicated): R Buildings 963 000 Equipment (cost) 367 000 Accumulated depreciation on equipment (1 March 2015) 172 500 Loan : Kewl Bank 709 400 Fixed deposit: Oryt Bank (8,5% p.a.) 120 000 Trading stock 224 330 Debtors control 48 220 Provision for bad debts (1 March 2015) 1 420 Sales 852 000 Cost of sales (profit mark-up is 50% on cost) ? Rent income 42 500 Commission income 19 440 Sundry operating income 7 760 Interest on investment 7 650 Salary and wages 141 360 Consumable stores 9 370 Bad debts 3 980 Insurance 14 740 Repairs and maintenance 13 930 Sundry operating expenses 10 660 Copyright reserved Please turn over ### Page 9 Downloaded from hlayiso.com (EC/NOVEMBER 2016) ACCOUNTING 9 B. The fixed assets comprise of Buildings and Equipment. On 31 October 2015, old equipment was traded-in to upgrade old equipment. The transaction was not recorded. Details of the transaction is as follows: Cost of the new equipment purchased R165 000 Cost of the old equipment traded-in R93 500 Accumulated depreciation on this equipment on 1 March 2015 R62 000 The trade-in value received R29 600 Equipment is depreciated at 20% p.a. on the diminishing balance method. C. Additional adjustments not taken into account (i) Outstanding debts totalling R3 220 must be written off and the provision for bad debts must then be adjusted to 4% of debtors. (ii) The rent for February was not yet received. Take into account that the tenant was granted R1 500 reduction in rent during November 2015 due to repairs being done to the buildings. (iii) A fire insurance policy was entered into on 1 July 2015. The annual premium of R7 020 was paid in full. (iv) The February 2016 loan statement showed an outstanding balance of R742 000. Interest on loan is capitalised. A fixed instalment including interest is paid on 27th of each month. (v) Interest on fixed deposit must be taken into account. The money was invested in June 2012. Interest is not capitalised. (vi) The annual stock take revealed that R2 460 worth of stock was missing. Unused consumable stores amounted to R880. (vii) Repairs to the building for R5 320 was posted in error to the Buildings account. 70 Copyright reserved Please turn over ### Page 10 Downloaded from hlayiso.com 10 ACCOUNTING (EC/NOVEMBER 2016) QUESTION 4 PARTNERSHIPS – LEDGER ACCOUNTS AND INTERPRETATION (40 marks; 24 minutes) Fountain Traders is a partnership business owned by partners Lyanda and Keenan. The financial year ended on 31 August 2016. REQUIRED: 4.1 Prepare the Current Account: Keenan on 31 August 2016. (9) 4.2 Calculate the following financial indicators on 31 August 2016. 4.2.1 Acid test ratio (4) 4.2.2 Debt/equity ratio (3) 4.2.3 Percentage return earned by the partners (7) 4.3 The partners are concerned about the liquidity position of the business. Explain why they feel this way. Quote TWO financial indicators (with figures) to support your explanation. (6) 4.4 Comment on the percentage return earned by Partner Lyanda. Should she be satisfied with this percentage? Explain, quote relevant financial indicators and/or figures. (5) 4.5 Partner Keenan feels that the business should increase the loan. Partner Lyanda is not keen to incur more debt. Briefly explain who you would support. Provide TWO financial indicators (with figures) to motivate your choice. (6) INFORMATION: A. Balances extracted from the financial records: 31 AUGUST 2016 31 AUGUST 2015 Fixed deposit 100 000 125 000 Current assets including inventories 165 600 176 200 Inventories 62 200 54 000 Partners’ equity 1 700 000 1 270 300 Capital : Lyanda 875 000 500 000 Capital : Keenan 675 000 750 000 Current Account : Lyanda 45 150 (Cr) 12 400 (Dr) Current Account : Keenan 104 850 (Cr) 32 700 (Cr) Mortgage loan (12% p.a.) 425 000 762 180 Current liabilities 66 240 58 700 B. Information from the Current account note on 31 August 2016: PARTNER PARTNER LYANDA KEENAN Annual salary allowance 265 200 225 216 Interest on capital 78 750 60 750 Bonus - 13 784 Drawings for the year 322 400 ? Partners share of the remaining profit 36 000 ? Copyright reserved Please turn over ### Page 11 Downloaded from hlayiso.com (EC/NOVEMBER 2016) ACCOUNTING 11 C. The total primary distribution amounted to R643 700. D. The partners share the remaining profit/loss in the ratio 2 : 1 between Lyanda and Keenan respectively. E. Financial indicators on 31 August: 2016 2015 Current ratio 2,5 : 1 3:1 Acid test ratio ? 2:1 Stock turnover rate 11,2 times 9,4 times Average debtors collection period 38 days 33 days Debt/equity ratio ? 0,6 : 1 Return on average capital employed 33,5% 30,3% Return earned by the partners ? 40,5% Return earned by Partner Lyanda 54% 56% Return earned by Partner Keenan 90% 84% Interest rate on loans 12% 12% 40 Copyright reserved Please turn over ### Page 12 Downloaded from hlayiso.com 12 ACCOUNTING (EC/NOVEMBER 2016) QUESTION 5: BUDGETING (35 marks; 21 minutes) The abridged Projected Income Statement of Thando Traders for the three months ended December 2016 is produced below. REQUIRED: 5.1 List TWO items in the Projected Income Statement below, that will not appear in a Cash Budget. (2) 5.2 Complete the Debtors Collection Schedule to show the total amount expected to be received from debtors during November 2016. (7) 5.3 Calculate: 5.3.1 Expected sales in December 2016 (3) 5.3.2 The gross profit percentage on turnover for October 2016 (3) 5.3.3 The percentage increase in rent income (4) 5.3.4 The percentage commission expected to be received each month (2) 5.3.5 The insurance amount for each month (3) 5.3.6 The amount of the loan that will be repaid on 1 December 2016 (5) 5.4 Refer to Information G (budgeted and actual figures for November 2016): Comment on the variance for each item given. In each case, provide ONE point of advice that the business can use. (6) INFORMATION: A. Abridged Projected Income Statement of Thando Traders for the three months ended 31 December 2016 OCTOBER 2016 NOVEMBER 2016 DECEMBER 2016 Sales 98 000 102 900 ? Cost of sales 78 400 82 320 ? Gross profit 19 600 20 580 ? Other operating income 12 220 12 465 ? Rent income 6 500 6 500 7 280 Discount received 820 820 820 Commission income 4 900 5 145 ? Gross operating income 31 820 33 045 38 970 Operating expenses Salaries and wages 8 400 8 400 ? Insurance ? ? ? Depreciation ? ? ? Advertising 5 200 5 200 5 200 Bad debts 1 800 1 960 ? Telephone 3 300 3 300 3 300 Sundry expenses 1 250 1 260 1 270 Operating profit Interest on loan 2 500 2 500 2 000 Net profit (loss) Copyright reserved Please turn over ### Page 13 Downloaded from hlayiso.com (EC/NOVEMBER 2016) ACCOUNTING 13 B. All sales are on credit. Sales in December is expected to increase by 20%. C. Debtors are granted 30 days credit. Receipts is normally as follows: 45% of debtors pay their accounts in the month of sales 53% of debtors pay their accounts in the month following the month of sales 2% of debtors is normally written off as bad debts D. Commission income is expected to be a fixed percentage of sales. E. The insurance premium is paid every quarter. The last payment of R2 400 was made on 30 September 2016. F. Interest on loan at 10% p.a. is paid at the end of each month. G. The accountant provided the actual and budgeted figures for the following items for November 2016: NOVEMBER 2016 BUDGETED ACTUAL Sales 102 900 82 320 Advertising 5 200 1 500 Telephone 3 300 5 450 35 Copyright reserved Please turn over ### Page 14 Downloaded from hlayiso.com 14 ACCOUNTING (EC/NOVEMBER 2016) QUESTION 6: NON-PROFIT ORGANISATIONS, STOCK SYSTEMS and PROBLEM SOLVING (55 marks; 33 minutes) 6.1 CLUBS – MEMBERSHIP FEES ACCOUNT You are provided with information from the records of Fore! Golf Club for the financial year ended 31 December 2015. REQUIRED: 6.1.1 Provide the missing details denoted by (a) to (d) on the Membership Fees account provided. (4) 6.1.2 Fill in the missing amounts for (e) and (f) on the Membership Fee account. (4) 6.1.3 Calculate:  The fees that was written off on 31 December 2015 (3)  The number of members in arrears with their 2015 fees (3)  The amount that must be transferred to the Income and Expenditure account in respect of Membership Fee income (8) 6.1.4 The chairman feels that membership is not being effectively controlled.  Provide evidence from the information that confirms the chairman’s observation (Give TWO points). (4)  Provide TWO suggestions to solve the problem. (2) INFORMATION: A. Membership records: (i) The annual membership fees is R2 400 per member. This was increased by R300 p.a. on 1 June 2015. Members who pay before 1 June 2015 pay the old fee. (ii) On 1 January 2015, there were 280 members on the club register. (iii) The cash book showed that old members who paid their fees did so before 1 June 2015. (iv) 12 new members joined the club on 1 February 2015 and 8 new members joined on 1 October 2015. New members only pay for the unexpired months in the first year of registration. (v) 9 old members resigned during January 2015. Two of these members paid their fees in full. The committee decided to give them a full refund. (vi) The outstanding fees for 2014 must be written off and the defaulting members must be excluded from the club records. (vi) The committee voted a R2 700 reward for the secretary. She decided to off-set her membership fee with this amount. Copyright reserved Please turn over ### Page 15 Downloaded from hlayiso.com (EC/NOVEMBER 2016) ACCOUNTING 15 B. The incomplete Membership Fee account: GENERAL LEDGER OF FORE! GOLF CLUB MEMBERSHIP FEES ACCOUNT 2015 2015 Jan 1 (a) 31 200 Jan 1 (b) 9 600 Dec 31 Deferred income (e) Dec 31 Bank: 2014 16 800 (c) (f) 2015 ? Income and expenditure ? 2016 13 500 Accrued income 35 100 (d) 2 700 Membership fees written off ? 6.2 STOCK SYSTEMS Bezzie’s Centre sells fabric and dress making products. The business uses the periodic inventory method to record stock. The financial year ended on 31 October 2016. REQUIRED: 6.2.1 Explain ONE difference between the perpetual stock system and the periodic stock system. (2) 6.2.2 Analyse transactions (ii) and (iii) in terms of the accounting equation. Complete the table provided. Show increase (+) and decrease (-) for assets, equity and liabilities. (8) 6.2.3 Calculate the cost of sales for the financial year ended 31 October 2016. (8) INFORMATION: A. Stock balance on 1 November 2015, R134 600. B. Transactions during the current financial year: R (i) Cash and credit purchases of trading goods. 622 400 (ii) Transport cost on trading goods paid by cheque. 92 200 (iii) Damaged goods returned to creditors. 45 300 (iv) Goods donated to a local school (fund raising). 5 500 (v) Goods taken by the owner for personal use. 3 750 (vi) Cost of goods returned by debtors taken into stock. 7 250 C. Stock take on 31 October 2016 revealed that R98 350 was on hand. Copyright reserved Please turn over ### Page 16 Downloaded from hlayiso.com 16 ACCOUNTING (EC/NOVEMBER 2016) 6.3 MANAGEMENT OF STOCK – PROBLEM SOLVING Fundani Electronics is a retail business that sells car accessories. The business has branches operating in Queens, Cofimvaba and Tsolo. Fundani, the owner, was concerned about the sale of a single brand of car radio and requested the figures for this product from each branch. The information presented are for the three months ended 31 July 2016. REQUIRED: Identify a different problem in each branch, quoting the relevant figures for each. Also provide a possible solution to the problems identified. (9) INFORMATION: Information relating to the single brand of car radios QUEENS COFIMVABA TSOLO Stock balance on 1 May 2016 230 160 85 Number of units sold during the period 180 40 85 Stock balance on 31 July 2016 35 120 Nil Selling price per radio R1 120 R1 120 R1 120 Deposit of sales revenue R201 600 R44 800 R81 760 Advertising of radios R1 400 R6 720 R6 120 Monthly salary of sales person R7 000 R7 500 R7 500 55 TOTAL: 300 Copyright reserved Please turn over ## Related documents - [Gr11 ACCN N16 AnswerBook Eng](https://www.hlayiso.com/library/gr11-accn-n16-answerbook-eng/d24910fb-8bb8-4f13-bf5a-5c0f818ae813) — Accounting · Addendum · 2016 · Eng - [Gr11 Acc (Afrikaans) June 2016 Question Paper](https://www.hlayiso.com/library/gr11-acc-afrikaans-june-2016-question-paper/fbbd5ffb-5728-4b05-b1dd-24b25c5eb58d) — Accounting · QP · 2016 · Afr - [Gr11 Acc November 2016 Question Paper](https://www.hlayiso.com/library/gr11-acc-november-2016-question-paper/0125692c-c5fc-4347-a4e7-8a2c41e9077b) — Accounting · QP · 2016 - [ACCOUNTING P1 GR11 QP NOVEMBER 2022 Afrikaans](https://www.hlayiso.com/library/accounting-p1-gr11-qp-november-2022-afrikaans/7d7cc880-3774-4763-a91e-576cc782da60) — Accounting · QP · 2022 · Afr - [ACCOUNTING P2 GR11 QP NOV2022 English](https://www.hlayiso.com/library/accounting-p2-gr11-qp-nov2022-english/f43f0b46-185b-41cf-bed5-88654714f772) — Accounting · QP · 2022 · Eng - [ACCOUNTING P2 GR12 ANS BOOK NOV2022 English](https://www.hlayiso.com/library/accounting-p2-gr12-ans-book-nov2022-english/f4a4602d-bd68-471c-908e-7d2b30e5baa9) — Accounting · QP · 2022 · Eng ## More from Grade 11 Accounting - [GR11 Accounting Practice exam November Paper 1](https://www.hlayiso.com/library/gr11-accounting-practice-exam-november-paper-1/a786fffb-f00d-472f-a62b-80f038063c5b) — Guide - [ACCOUNTING P1 GR11 ANSWER BOOK NOV2025 Afrikaans watermark](https://www.hlayiso.com/library/accounting-p1-gr11-answer-book-nov2025-afrikaans-watermark/6daad69c-e558-4d79-9945-bdcc57c797b8) — Addendum · 2025 · Afr - [ACCOUNTING P2 MEMO GR11 NOV 2025 ENG watermark](https://www.hlayiso.com/library/accounting-p2-memo-gr11-nov-2025-eng-watermark/7aa479bf-34d0-4240-934b-67a2f33e2597) — Memo · 2025 · Eng - [ACCOUNTING P2 MEMO GR11 NOV 2025 AFR watermark](https://www.hlayiso.com/library/accounting-p2-memo-gr11-nov-2025-afr-watermark/a92dc10a-0d2e-42d6-9cd3-ff78b0e78afe) — Memo · 2025 · Afr - [LP Accounting Grade 11 March 2025 QP and Memo](https://www.hlayiso.com/library/lp-accounting-grade-11-march-2025-qp-and-memo/e029a6c5-e494-4ee4-85f6-bf55d1d8442b) — QP + Memo · 2025 - [ACCOUNTING P2 MEMO GR11 NOV 2024 ENG watermark](https://www.hlayiso.com/library/accounting-p2-memo-gr11-nov-2024-eng-watermark/c09eb350-5d2d-4070-8df4-25ece70dc7de) — Memo · 2024 · Eng ## Collection - [Grade 11 past papers](https://www.hlayiso.com/grade-11/past-papers) --- Hlayiso: free CAPS and IEB past papers, memos, notes and study guides for South African learners. 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