# Accounting Grade 12 P2 NSC November Prediction 2026 Addendum

> Grade 12 Accounting Paper 2 addendum from the NSC November Prediction Exam 2026 (English), 10 pages. Read online or get the free PDF download.

- Page: https://www.hlayiso.com/library/grade-12-accounting-2026-nsc-november-prediction-exam-answer-book-paper-2/2784f545-b5bf-4fdf-a45c-582d8aea064f
- Updated: 2026-10-29
- Subject: Accounting
- Grade: Grade 12
- Language: English
- Document type: Addendum
- Year: 2026
- Exam period: NSC November Prediction Exam
- Paper: 2
- Publisher: Hlayiso
- Curriculum: CAPS
- Pages: 10

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## About this document

Accounting · Grade 12 · NSC November Prediction Exam · 2026 · English. Addendum, 10 pages. Read online or download the PDF.

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## Document text

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### Page 1

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

### Page 2

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

### Page 3

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

### Page 4

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

### Page 5

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

### Page 6

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

### Page 7

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

### Page 8

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

### Page 9

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

### Page 10

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

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