Accounting Grade 10 North West June 2024 Addendum (English)

Accounting 1 NW/June 2024 Grade 10 – Answer book NAME: PROVINCIAL ASSESSMENT GRADE 10 ACCOUNTING JUNE 2024 ANSWER BOOK QUESTION MARKS MARKS INITIAL MODERATOR AWARDED 1 5 2 70 3 38 4 26 5 15 6 46 TOTAL 200 This answer book consists of 11 pages. Copyright reserved Please turn over

Accounting 2 NW/June 2024 Grade 10 – Answer book QUESTION 1: 1.1 1.2 1.3 1.4 1.5 5 QUESTION 2: Debtors Journal of Alpha Traders for April 2024 DJ2 Doc Day Debtor Fol Sales Cost of Sales 5 Debtors Allowance Journal of Alpha Traders for April 2024 DAJ2 Debtors Doc Day Debtor Fol Cost of Sales Allowance 6 Copyright reserved Please turn over

Accounting 3 NW/June 2024 Grade 10 – Answer book Cash Receipts Journal of Alpha Traders for April 2024 CRJ2 Analysis Sundry accounts of Cost of Debtors Discounts Doc Day Details Receipt Bank Sales sales control allowed Amount Account 25 Copyright reserved Please turn over

Accounting 4 NW/June 2024 Grade 10 – Answer book Cash Payments Journal of Alpha Traders for April 2024 CPJ2 Sundry accounts Trading Creditors Discounts Doc Day Details Bank stock Stationery control received Amount Account 16 Creditors Journal of Alpha Traders for April 2024 CJ2 Sundry accounts Creditors Trading Doc Day Creditor control stock Stationery Amount Account 7 Copyright reserved Please turn over

Accounting 5 NW/June 2024 Grade 10 – Answer book Creditors Allowance Journal of Alpha Traders for April 2024 CAJ2 Sundry accounts Creditors Trading Doc Day Creditor control stock Stationery Amount Account 2 Petty Cash Journal of Alpha Traders for April 2024 PCJ2 Sundry accounts Petty Trading Doc Day Details Cash stock Stationery Amount Account 5 Copyright reserved Please turn over

Accounting 6 NW/June 2024 Grade 10 – Answer book 2.2 Name and describe TWO internal controls for Cash Receipts 4 Total marks 70 QUESTION 3 3.1 Debtors Ledger of Horeseshoe Stores L Martino DL1 Date Details Fol Debit Credit Balance 12 Copyright reserved Please turn over

Accounting 7 NW/June 2024 Grade 10 – Answer book 3.2 FOR YOU TRADERS A B C D E F G H I J K L M N 26 Total marks 38 Copyright reserved Please turn over

Accounting 8 NW/June 2024 Grade 10 – Answer book QUESTION 4 Salaries Journal of XY Stores for February 2024 SJ12 Deductions Contributions Gross Pension Nett Pension Name of Payee Salary PAYE fund UIF Total salary Fund UIF 10 GENERAL LEDGER OF GOOD QUALITY CLOTING STORE BALANCE SHEET ACCOUNTS Dr SARS (PAYE) B7 Cr Dr MEDICAL AID B8 Cr Dr PENION FUND B9 Cr Copyright reserved Please turn over

Accounting 9 NW/June 2024 Grade 10 – Answer book Dr UIF B10 Cr Dr CREDITORS FOR WAGES B11 Cr NOMINAL ACCOUNTS Dr WAGES N11 Cr Dr MEDICAL AID CONTRIBUTION N12 Cr Dr UIF CONTRIBUTION N13 Cr 12 Copyright reserved Please turn over

Accounting 10 NW/June 2024 Grade 10 – Answer book 4.2.2 Name and describe TWO internal controls that the business can put in place to prevent fake employees to be created on the payroll system. 4 Total marks 26 QUESTION 5 GENERAL LEDGER OF JK TRADERS FINAL ACCOUNTS Dr PROFIT AND LOSS F2 Cr Total marks 15 Copyright reserved

Accounting 11 NW/June 2024 Grade 10 – Answer book QUESTION 6 6.1 TRANSACTION ANALYSIS No Journal Account Debit Account Credit A OE L (i) (ii) (iii) (iv) (v) 29 6.2 RECONCILIATION Dr DEBTORS CONTROL B5 Cr 17 Total marks 46 Copyright reserved