# Accounting Grade 10 P2 November Mock Exam 2 2026 Addendum

> Grade 10 Accounting Paper 2 addendum from the November Mock Exam 2 2026 (English), 11 pages. Read online or get the free PDF download.

- Page: https://www.hlayiso.com/library/grade-10-accounting-2026-november-mock-exam-2-answer-book-paper-2/5e4e6d3c-6636-4866-91a5-260e70a7da2d
- Updated: 2026-10-29
- Subject: Accounting
- Grade: Grade 10
- Language: English
- Document type: Addendum
- Year: 2026
- Exam period: November Mock Exam 2
- Paper: 2
- Publisher: Hlayiso
- Curriculum: CAPS
- Pages: 11

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## About this document

Accounting · Grade 10 · November Mock Exam 2 · 2026 · English. Addendum, 11 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

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

### Page 2

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

### Page 3

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

### Page 4

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

### Page 5

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

### Page 6

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

### Page 7

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

### Page 8

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

### Page 9

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

### Page 10

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

### Page 11

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

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