Accounting Grade 12 P2 NSC November Prediction 2026 Addendum

STICKER CENTRE NUMBER EXAMINATION NUMBER NATIONAL SENIOR CERTIFICATE ACCOUNTING P2 GRADE 12 PREDICTION EXAMINATION 2026 SPECIAL ANSWER BOOK WWW.HLAYISO.COM QUESTION MARKS INITIAL MOD. 1 2 3 4 TOTAL This answer book consists of 10 pages. Copyright reserved Please turn over

Accounting/P2 2 Hlayiso/Prediction 2026 NSC – Answer Book Prediction QUESTION 1 1.1.1 1.1 1.1.2 3 1.1.3 1.2.1 Correct totals of the Cash Journals on 31 August 2026 CRJ CPJ Provisional totals 184 300 157 640 Correct totals 8 1.2.2 Correct balance of the Bank account in the General Ledger on 31 August 2026 WORKINGS ANSWER 3 Copyright reserved Please turn over

Accounting/P2 3 Hlayiso/Prediction 2026 NSC – Answer Book Prediction 1.2.3 BANK RECONCILIATION STATEMENT ON 31 AUGUST 2026 DEBIT CREDIT 6 1.2.4 Problems in the management of cash (with figures) and solutions PROBLEM (with figures) SOLUTION 4 1.3.1 Percentage of the total debtors’ balances that does NOT keep to the credit terms WORKINGS ANSWER 3 1.3.2 TWO different problems in the Debtors’ Age Analysis (name the debtor and quote figures) 4 Copyright reserved Please turn over

Accounting/P2 4 Hlayiso/Prediction 2026 NSC – Answer Book Prediction 1.4.1 NO. CALCULATIONS VAT EFFECT ON AMOUNT VAT PAYABLE (Increase/ Decrease) E.g. 4 000 × 15/100 R600 Increase A. B. C. 7 1.4.2 Explain why this is unethical, and state ONE consequence that the business could face. 2 TOTAL MARKS 40 Copyright reserved Please turn over

Accounting/P2 5 Hlayiso/Prediction 2026 NSC – Answer Book Prediction QUESTION 2 2.1 SOLAR LANTERNS 2.1.1 Value of the closing stock of solar lanterns (weighted-average method) WORKINGS ANSWER 5 2.1.2 Number of solar lanterns missing WORKINGS ANSWER 3 2.1.3 TWO internal control measures that Thabiso should introduce 4 2.2 SOLAR PANELS 2.2.1 Value of the closing stock of solar panels (FIFO method) WORKINGS ANSWER 4 Copyright reserved Please turn over

Accounting/P2 6 Hlayiso/Prediction 2026 NSC – Answer Book Prediction 2.2.2 Stockholding period (in days) for 2026 (use the average stock) WORKINGS ANSWER 4 2.2.3 Comment on the stockholding period (ONE point, with figures) and give ONE suggestion. 3 2.3 PORTABLE POWER STATIONS 2.3.1 Value of the closing stock of portable power stations (specific identification method) WORKINGS ANSWER 5 2.3.2 VoltMate 1200: Why was changing to a cheaper supplier NOT a good decision? TWO points, with figures. 4 2.3.3 PowerHub 2400: Effect of the increased mark-up (ONE point, with figures) and ONE piece of advice. 3 TOTAL MARKS 35 Copyright reserved Please turn over

Accounting/P2 7 Hlayiso/Prediction 2026 NSC – Answer Book Prediction QUESTION 3 3.1 NALA CABINETS 3.1.1 Direct material cost WORKINGS ANSWER 4 3.1.2 Direct labour cost WORKINGS ANSWER 5 3.1.3 FACTORY OVERHEAD COST NOTE TOTAL 9 3.1.4 Cost of production of finished goods WORKINGS ANSWER 4 Copyright reserved Please turn over

Accounting/P2 8 Hlayiso/Prediction 2026 NSC – Answer Book Prediction 3.2 WARDROBES 3.2.1 Break-even point for 2026 WORKINGS ANSWER 4 3.2.2 Comment on the break-even point and the level of production over the two years. Quote figures. 2 3.2.3 Variable cost per unit that was poorly controlled (quote figures) and TWO ways to control this cost 4 3.2.4 Number of additional wardrobes that must be produced and sold WORKINGS ANSWER 3 TOTAL MARKS 35 Copyright reserved Please turn over

Accounting/P2 9 Hlayiso/Prediction 2026 NSC – Answer Book Prediction QUESTION 4 4.1.1 4.1 4.1.2 3 4.1.3 4.2.1 Credit purchases for October 2026 WORKINGS ANSWER 3 4.2.2 CREDITORS’ PAYMENT SCHEDULE MONTH CREDIT NOVEMBER DECEMBER PURCHASES September 225 000 October November TOTAL 7 4.3 Amounts for the Cash Budget (i) Salaries for December 2026 WORKINGS ANSWER 4 (ii) Rent for December 2026 WORKINGS ANSWER 3 Copyright reserved Please turn over

Accounting/P2 10 Hlayiso/Prediction 2026 NSC – Answer Book Prediction (iii) Interest on the loan for December 2026 WORKINGS ANSWER 3 (iv) Amount received from the fixed deposit in November 2026 WORKINGS ANSWER 3 4.4.1 TWO different ways in which the new competitor affected Kopano Furniture in October 2026. Quote figures. 4 4.4.2 Why was reducing the advertising not a wise decision? Quote figures. 3 4.4.3 Comment on the control over delivery expenses in October 2026. Quote figures or calculations. 3 4.5 Should Palesa buy the delivery vehicle for cash? Quote figures and suggest ONE alternative. 4 TOTAL MARKS 40 Copyright reserved