Accounting Grade 10 P2 November Mock Exam 2 2026 Addendum

STICKER CENTRE NUMBER EXAMINATION NUMBER NATIONAL SENIOR CERTIFICATE ACCOUNTING P2 GRADE 10 NOVEMBER EXAMINATION 2026 (MOCK) SPECIAL ANSWER BOOK WWW.HLAYISO.COM QUESTION MARKS INITIAL MOD. 1 40 2 30 3 30 4 25 5 25 TOTAL This answer book consists of 11 pages. Copyright reserved Please turn over

Accounting/P2 2 Hlayiso/Mock 2026 NSC – Answer Book Mock QUESTION 1 1.1.1 1.1.2 1.1 4 1.1.3 1.1.4 1.2.1 GENERAL LEDGER OF MOKOENA HARDWARE CREDITORS’ CONTROL Dr Cr 14 1.2.2 CREDITORS’ LIST ON 31 AUGUST 2026 Creditor Balance Corrections (+ or −) Correct balance Atlas Tools 6 280 Bongi Suppliers 9 470 Delta Wholesalers 12 350 Excel Distributors 5 860 Fourie Paints 5 180 39 140 12 Copyright reserved Please turn over

Accounting/P2 3 Hlayiso/Mock 2026 NSC – Answer Book Mock 1.3 1.3.1 Why the Creditors’ Control balance must agree with the Creditors’ List 2 1.3.2 (a) Why Sipho’s actions are unethical 2 1.3.2 (b) THREE internal control measures 6 TOTAL MARKS 40 Copyright reserved Please turn over

Accounting/P2 4 Hlayiso/Mock 2026 NSC – Answer Book Mock QUESTION 2 2.1.1 2.1 2.1.2 3 2.1.3 2.2.1 FIXED ASSET REGISTER Item Delivery van (Toyota Hiace ND 482-761) Supplier Coastal Motors Date bought 1 November 2024 Cost price R384 000 Depreciation 20% p.a. on the diminishing-balance method Year ended Depreciation Accumulated Carrying value depreciation 30 June 2025 30 June 2026 7 2.2.2 MISSING AMOUNTS IN THE FIXED (TANGIBLE) ASSETS NOTE WORKINGS ANSWER (a) (b) (c) (d) (e) (f) (g) (h) (i) 16 Copyright reserved Please turn over

Accounting/P2 5 Hlayiso/Mock 2026 NSC – Answer Book Mock 2.3 TWO internal control measures to protect the equipment 4 TOTAL MARKS 30 Copyright reserved Please turn over

Accounting/P2 6 Hlayiso/Mock 2026 NSC – Answer Book Mock QUESTION 3 3.1.1 3.1.2 3.1 4 3.1.3 3.1.4 3.2 3.2.1 Direct material cost per mug WORKINGS ANSWER 3 3.2.2 Total direct material cost WORKINGS ANSWER 2 3.2.3 Total direct labour cost WORKINGS ANSWER 2 3.2.4 Prime cost WORKINGS ANSWER 2 3.2.5 Factory overhead cost WORKINGS ANSWER 6 Copyright reserved Please turn over

Accounting/P2 7 Hlayiso/Mock 2026 NSC – Answer Book Mock 3.2.6 Total cost of production WORKINGS ANSWER 2 3.2.7 Cost of production per mug WORKINGS ANSWER 2 3.2.8 % mark-up achieved on the cost of production per mug WORKINGS ANSWER 3 3.3 Difference between a fixed cost and a variable cost, with ONE example of EACH 4 TOTAL MARKS 30 Copyright reserved Please turn over

Accounting/P2 8 Hlayiso/Mock 2026 NSC – Answer Book Mock QUESTION 4 4.1.1 4.1 4.1.2 3 4.1.3 4.2 4.2.1 Cost of hiring the bus WORKINGS ANSWER 3 4.2.2 Cost of accommodation for the learners WORKINGS ANSWER 2 4.2.3 Cost of meals for the whole group WORKINGS ANSWER 2 4.2.4 Cost of the visit to the aquarium WORKINGS ANSWER 3 4.2.5 Total cost of the tour WORKINGS ANSWER 3 Copyright reserved Please turn over

Accounting/P2 9 Hlayiso/Mock 2026 NSC – Answer Book Mock 4.2.6 Amount that EACH learner must contribute WORKINGS ANSWER 5 4.3 TWO ways to reduce the amount that each learner must pay 4 TOTAL MARKS 25 Copyright reserved Please turn over

Accounting/P2 10 Hlayiso/Mock 2026 NSC – Answer Book Mock QUESTION 5 5.1.1 5.1 5.1.2 3 5.1.3 5.2 No. Excluding VAT VAT Including VAT 5.2.1 R1 240,00 5.2.2 R3 588,00 5.2.3 R81,60 6 5.3 5.3.1 Contra account for entry A 1 5.3.2 Explain the entry of R1 500 2 5.3.3 Entry B WORKINGS ANSWER 2 5.3.4 Entry C WORKINGS ANSWER 2 Copyright reserved Please turn over

Accounting/P2 11 Hlayiso/Mock 2026 NSC – Answer Book Mock 5.3.5 Balance D WORKINGS ANSWER 2 5.3.6 Stock difference (show the calculation) and ONE possible reason 3 5.4 Why Masego’s actions are unethical and illegal, and ONE consequence 4 TOTAL MARKS 25 Copyright reserved