Accounting Grade 12 P2 NSC November 2025 Addendum (English)

Confidential STICKER CENTRE NUMBER EXAMINATION NUMBER NATIONAL SENIOR CERTIFICATE ACCOUNTING P2 GRADE 12 NOVEMBER 2025 SPECIAL ANSWER BOOK QUESTION MARKS INITIAL MOD. 1 2 3 4 TOTAL This answer book consists of 11 pages. Copyright reserved Please turn over

Accounting/P2 2 DBE/November 2025 NSC – Answer Book Confidential QUESTION 1 1.1 BANK RECONCILIATION 1.1.1 CASH JOURNALS ON 31 JULY 2025: Cash Receipts Journal Cash Payments Journal R162 000 R55 200 10 1.1.2 Choose only ONE template below to answer this question. TWO-COLUMN METHOD: BANK RECONCILIATION STATEMENT ON 31 JULY 2025 Debit Credit 7 OR ONE-COLUMN METHOD: BANK RECONCILIATION STATEMENT ON 31 JULY 2025 7 Copyright reserved Please turn over

Accounting/P2 3 DBE/November 2025 NSC – Answer Book Confidential 1.1.3 Identify TWO problems (with figures) with the management of cash in Duma Stores. In EACH case, provide a different solution for how these problems can be prevented in future.2025 Problem with figures Solution 6 1.2 CREDITORS' RECONCILIATION 1.2.1 Creditors' Ledger Account of Matsulu Statement of Account Suppliers Incorrect balance 270 140 287 600 (i) (ii) (iii) (iv) (v) (vi) 11 1.2.2 Explain how the business can prevent this problem from happening in the future, excluding separation of duties. Provide TWO points. 4 What action should be taken against the purchasing manager, besides dismissing him? Provide ONE point. 2 TOTAL MARKS 40 Copyright reserved Please turn over

Accounting/P2 4 DBE/November 2025 NSC – Answer Book Confidential QUESTION 2 2.1 SUPERSAVERS SUPERMARKET 2.1.1 Calculate the value of the closing stock on 28 February 2025, using the FIFO method. WORKINGS ANSWER 7 2.1.2 Bryan has noticed that some of the stock of flavoured juices has exceeded their shelf life (sell-by date) of 65 days. Identify the value of stock that Bryan is referring to, using the FIFO stock valuation method. WORKINGS ANSWER 2 2.1.3 How can Bryan manage the stock of flavoured juices to avoid losses incurred by the business? Provide TWO points. 4 Copyright reserved Please turn over

Accounting/P2 5 DBE/November 2025 NSC – Answer Book Confidential 2.2 BANDURA PRINTERS 2.2.1 Rotrim model: Calculate the value of the closing stock on 30 June 2025 using the specific identification method. WORKINGS ANSWER 4 2.2.2 Punchies model: Calculate the stockholding period (in days) using the closing stock. WORKINGS ANSWER 5 Comment on the stockholding period. Provide ONE point, with figures. The stockholding period for the year ended 30 June 2024 was 69 days. 2 2.2.3 Clear View model: Although the Clear View model had units returned, Moses is very pleased with his decision to introduce it as a new model. Provide TWO points (with figures) to explain why Moses is pleased. 4 Moses wants to reduce the number of units being returned to the suppliers. Give ONE suggestion on how this can be achieved. 2 Copyright reserved Please turn over

Accounting/P2 6 DBE/November 2025 NSC – Answer Book Confidential 2.3 MANAGEMENT OF INVENTORIES 2.3.1 Electric fans: Identify the decision that Robin implemented about the electric fans. 1 Explain how this decision had a positive result for the business. Provide ONE point, with figures. 2 2.3.2 Fridges: Robin changed the brand of fridges that he was selling. Provide ONE point, with figures, to show that this was not a good idea. 2 TOTAL MARKS 35 Copyright reserved Please turn over

Accounting/P2 7 DBE/November 2025 NSC – Answer Book Confidential QUESTION 3 3.1 LOCKSMITH MANUFACTURERS 3.1.1 FACTORY OVERHEAD COST NOTE Other factory expenses 737 010 16 3.1.2 Calculate the cost of production of finished goods for the year ended 28 February 2025. WORKINGS ANSWER 4 3.2 PICASO MANUFACTURERS CELLPHONE CASES 3.2.1 Calculate the break-even point on 31 August 2025. WORKINGS ANSWER 4 3.2.2 Comment on whether Dawn should be satisfied with the number of units produced and sold. Provide ONE point, with figures. 2 Copyright reserved Please turn over

Accounting/P2 8 DBE/November 2025 NSC – Answer Book Confidential 3.2.3 Identify the fixed-cost item (with figures) that has been poorly controlled. Give a possible reason for this concern. COST ITEM REASON FOR CONCERN 3 CELLPHONE SCREEN COVERS 3.2.4 Variable-cost item (with figures) that has been poorly controlled. Give advice on how to improve control over this cost item. COST ITEM ADVICE 3 Variable-cost item (with figures) that has been well controlled. Explain how this item was well controlled. COST ITEM REASON 3 TOTAL MARKS 35 Copyright reserved Please turn over

Accounting/P2 9 DBE/November 2025 NSC – Answer Book Confidential QUESTION 4 4.1 VIVAN TRADERS 4.1.1 DEBTORS' COLLECTION SCHEDULE: CREDIT DECEMBER JANUARY MONTH SALES 2025 2026 R R R October 2025 1 417 500 198 450 November 2025 1 443 750 721 875 December 2025 1 496 250 430 920 January 2026 RECEIPTS FROM DEBTORS 1 351 245 6 4.1.2 Calculate: WORKINGS ANSWER (i) Bad debts in January 2026 (ii) Salary: sales manager for January 2026 (iii) Salaries: assistants for December 2025 (iv) Advertising for December 2025 13 4.1.3 Calculate: WORKINGS ANSWER Cash purchases of trading stock in January 2026 3 Payments to creditors in January 2026 2 Copyright reserved Please turn over

Accounting/P2 10 DBE/November 2025 NSC – Answer Book Confidential 4.1.4 Calculate the amount of the fixed deposit which will mature on 31 January 2026. WORKINGS ANSWER 4 4.2 WARMBAD TRADERS 4.2.1 Explain why it is important to compare the budgeted figures with the actual figures. Provide ONE point. 2 4.2.2 Loss of sales: The number of units sold in October has decreased. Give a reason, with figures, for this decrease. 2 Provide a calculation to show the amount of cash that was lost in October 2025 sales when compared to September 2025 sales. WORKINGS ANSWER 2 Copyright reserved Please turn over

Accounting/P2 11 DBE/November 2025 NSC – Answer Book Confidential 4.2.3 State TWO benefits that Warmbad Traders will forfeit by failing to meet its financial obligations with suppliers in October 2025. 2 4.2.4 Remuneration to employees: Give ONE reason for Dozer awarding his employees with commission during September 2025. Quote figures. 2 Give ONE reason why the employees will not be satisfied with the revised remuneration policy. Quote figures. 2 TOTAL MARKS 40 TOTAL: 150 Copyright reserved