Accounting Grade 11 P2 November Mock 2026 Addendum (English)

STICKER CENTRE NUMBER EXAMINATION NUMBER NATIONAL SENIOR CERTIFICATE ACCOUNTING P2 GRADE 11 NOVEMBER EXAMINATION 2026 (MOCK) SPECIAL ANSWER BOOK WWW.HLAYISO.COM QUESTION MARKS INITIAL MOD. 1 2 3 4 TOTAL This answer book consists of 9 pages. Copyright reserved Please turn over

Accounting/P2 2 Hlayiso/Mock 2026 NSC – Answer Book Mock QUESTION 1 1.1.1 CRJ CPJ Provisional total 186 400 Provisional total 172 950 Final total Final total 10 1.1.2 Correct balance of the Bank account on 31 August 2026 WORKINGS ANSWER 4 1.1.3 BANK RECONCILIATION STATEMENT ON 31 AUGUST 2026 DEBIT CREDIT 6 1.1.4 Explain why Ntsako should be concerned about EFT no. 207 and state what he should do. 3 Copyright reserved Please turn over

Accounting/P2 3 Hlayiso/Mock 2026 NSC – Answer Book Mock 1.2.1 No. CREDITORS’ LEDGER CREDITOR’S STATEMENT Balance 31 260 45 575 (a) (b) (c) (d) (e) (f) 12 1.2.2 Percentage discount that Ntsako Stores tried to claim WORKINGS ANSWER 2 1.2.3 Advice to avoid interest and lost discounts, and how the business will benefit 3 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 2.2.1 Direct material cost WORKINGS ANSWER 5 2.2.2 Direct labour cost WORKINGS ANSWER 7 2.2.3 Correct factory overhead cost WORKINGS AMOUNT Bookkeeper’s figure 284 300 Correct factory overhead cost 8 Copyright reserved Please turn over

Accounting/P2 5 Hlayiso/Mock 2026 NSC – Answer Book Mock 2.2.4 GENERAL LEDGER OF IKHAYA FURNITURE MAKERS WORK-IN-PROGRESS STOCK 8 2.2.5 Cost of production per chair WORKINGS ANSWER 2 2.2.6 Break-even point WORKINGS ANSWER 4 2.2.7 Comment on the break-even point in relation to the number of chairs produced and sold. Quote figures. 3 TOTAL MARKS 40 Copyright reserved Please turn over

Accounting/P2 6 Hlayiso/Mock 2026 NSC – Answer Book Mock QUESTION 3 3.1 3.1.1 Closing stock of Trailblazers (FIFO) WORKINGS ANSWER 4 3.1.2 Gross profit on Trailblazers WORKINGS ANSWER 4 3.1.3 Closing stock of City Riders (weighted average) WORKINGS ANSWER 6 3.1.4 Number and cost of missing City Riders WORKINGS ANSWER 4 3.1.5 TWO internal control measures to prevent the theft of bicycles 4 Copyright reserved Please turn over

Accounting/P2 7 Hlayiso/Mock 2026 NSC – Answer Book Mock 3.2 3.2.1 Amount payable to SARS for this VAT period WORKINGS ANSWER 6 3.2.2 Explain why certain basic foodstuffs are zero-rated. 2 TOTAL MARKS 30 Copyright reserved Please turn over

Accounting/P2 8 Hlayiso/Mock 2026 NSC – Answer Book Mock QUESTION 4 4.1 DEBTORS’ COLLECTION SCHEDULE MONTH CREDIT SALES DECEMBER 2026 JANUARY 2027 October 2026 252 000 November 2026 288 000 December 2026 360 000 January 2027 216 000 TOTAL 8 4.2 WORKINGS ANSWER (i) (ii) (iii) (iv) (v) (vi) 16 4.3 Discount allowed to debtors in December 2026 WORKINGS ANSWER 2 Copyright reserved Please turn over

Accounting/P2 9 Hlayiso/Mock 2026 NSC – Answer Book Mock 4.4 4.4.1 Percentage by which actual sales were below budgeted sales WORKINGS ANSWER 3 4.4.2 Explain whether the extra advertising was a good decision. Quote figures. 3 4.4.3 Comment on the control over the telephone expense. Quote figures and give ONE suggestion. 4 4.5 Items Reason 4 TOTAL MARKS 40 Copyright reserved