Accounting Grade 10 P2 November Mock 2026 Addendum (English)

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 10 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 UBUNTU ELECTRICAL DEBTORS’ CONTROL Dr Cr 12 1.2.2 DEBTORS’ LIST ON 31 MARCH 2026 Debtor Balance Corrections (+ or −) Correct balance M Naidoo 7 450 L Nkosi 8 700 P Botha 4 930 T Khumalo 16 740 S Dlamini 13 900 51 720 12 Copyright reserved Please turn over

Accounting/P2 3 Hlayiso/Mock 2026 NSC – Answer Book Mock 1.3 1.3.1 Importance of a monthly debtors’ reconciliation 2 1.3.2 TWO measures to make sure that debtors pay on time 4 1.3.3 (a) Explain why Nomsa’s action is unethical. 2 1.3.3 (b) TWO internal control measures 4 TOTAL MARKS 40 Copyright reserved Please turn over

Accounting/P2 4 Hlayiso/Mock 2026 NSC – Answer Book Mock QUESTION 2 2.1 GAAP principle and explanation 2 2.2 2.2.1 Depreciation on vehicles WORKINGS ANSWER 4 2.2.2 Depreciation on equipment WORKINGS ANSWER 4 2.3 FIXED (TANGIBLE) ASSETS Land and Vehicles Equipment buildings Carrying value (1 March 1 200 000 2025) Cost 1 200 000 480 000 150 000 Accumulated depreciation – (192 000) (54 000) Movements Additions at cost Depreciation – Carrying value (28 February 2026) Cost Accumulated depreciation – 16 2.4 TWO internal control measures to protect the vehicles 4 TOTAL MARKS 30 Copyright reserved Please turn over

Accounting/P2 5 Hlayiso/Mock 2026 NSC – Answer Book Mock QUESTION 3 3.1.1 3.1.2 3.1 3.1.3 5 3.1.4 3.1.5 3.2 3.2.1 Direct material cost WORKINGS ANSWER 5 3.2.2 Direct labour cost WORKINGS ANSWER 6 3.2.3 Factory overhead cost WORKINGS ANSWER 6 Copyright reserved Please turn over

Accounting/P2 6 Hlayiso/Mock 2026 NSC – Answer Book Mock 3.2.4 Total cost of production WORKINGS ANSWER 2 3.2.5 Cost of production per candle WORKINGS ANSWER 2 3.2.6 Selling price per candle WORKINGS ANSWER 2 3.3 Fixed cost Variable cost 2 TOTAL MARKS 30 Copyright reserved Please turn over

Accounting/P2 7 Hlayiso/Mock 2026 NSC – Answer Book Mock QUESTION 4 4.1.1 4.1 4.1.2 3 4.1.3 4.2.1 WORKINGS ANSWER (i) (ii) (iii) (iv) (v) 12 4.2.2 % by which actual water and electricity exceeded the budget WORKINGS ANSWER 3 Copyright reserved Please turn over

Accounting/P2 8 Hlayiso/Mock 2026 NSC – Answer Book Mock 4.2.3 Comment on the income from car-wash services. Quote figures and give ONE suggestion. 3 4.3 TWO reasons why Siyabonga should prepare a Cash Budget 4 TOTAL MARKS 25 Copyright reserved Please turn over

Accounting/P2 9 Hlayiso/Mock 2026 NSC – Answer Book Mock QUESTION 5 5.1.1 5.1 5.1.2 3 5.1.3 5.2 5.2.1 Cost of sales WORKINGS ANSWER 6 5.2.2 Gross profit WORKINGS ANSWER 3 5.2.3 % mark-up achieved WORKINGS ANSWER 3 5.2.4 TWO reasons why the planned mark-up was not achieved 4 Copyright reserved Please turn over

Accounting/P2 10 Hlayiso/Mock 2026 NSC – Answer Book Mock 5.3 Advice to Bheki (THREE points) 6 TOTAL MARKS 25 Copyright reserved