# Economic and Management Sciences Grade 8 P1 2026 Addendum

> Grade 8 Economic and Management Sciences Paper 1 addendum from the November Mock Exam 2026 (English), 7 pages. Read online or get the free PDF download.

- Page: https://www.hlayiso.com/library/grade-8-economics-and-management-sciences-2026-november-mock-exam-answer-book-paper-1/afdfd120-e3f4-42a9-be02-e0bd9b698e89
- Updated: 2026-10-29
- Subject: Economic and Management Sciences
- Grade: Grade 8
- Language: English
- Document type: Addendum
- Year: 2026
- Exam period: November Mock Exam
- Paper: 1
- Publisher: Hlayiso
- Curriculum: CAPS
- Pages: 7

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## About this document

Economics And Management Sciences · Grade 8 · November Mock Exam · 2026 · English. Addendum, 7 pages. Read online or download the PDF.

Read it free online on the page above; download the PDF from there.

## Matching paper and memo

- [Grade 8 EMS P1 November 2026 Mock](https://www.hlayiso.com/library/grade-8-economics-and-management-sciences-2026-november-mock-exam-question-paper-paper-1/877d7a1d-6d62-4926-b11c-8c0cf69241cb) — QP · 2026 · Eng

## Document text

Text extracted from the PDF. Layout, diagrams and tables may not survive extraction.

### Page 1

STICKER

                              CENTRE NUMBER

                            EXAMINATION NUMBER

                             SENIOR PHASE
             ECONOMIC AND MANAGEMENT SCIENCES P1
                           FINANCIAL LITERACY
                                   GRADE 8
                          NOVEMBER 2026 (MOCK)

                          SPECIAL ANSWER BOOK

                              WWW.HLAYISO.COM

         QUESTION          MARKS            INITIAL          MOD.
              1      15
              2      8
              3      10
              4      22
              5      10
              6      10
           TOTAL

                     This answer book consists of 7 pages.
Copyright reserved                                              Please turn over

### Page 2

EMS/P1                               2                      Hlayiso/Mock 2026
                     Senior Phase – Answer Book Mock

NAME AND SURNAME:
CLASS:

SECTION A: SHORT QUESTIONS
QUESTION 1
1.1
         1.1.1
         1.1.2
         1.1.3
         1.1.4
                                                                           5
         1.1.5

1.2
         1.2.1
         1.2.2
         1.2.3
         1.2.4
                                                                           5
         1.2.5

1.3
         1.3.1
         1.3.2
         1.3.3
         1.3.4
                                                                           5
         1.3.5
                                                       TOTAL SECTION A: 15

Copyright reserved                                            Please turn over

### Page 3

EMS/P1                                          3                           Hlayiso/Mock 2026
                                Senior Phase – Answer Book Mock

SECTION B: CONCEPTS AND ACCOUNTING EQUATION
QUESTION 2: ACCOUNTING CYCLE AND CLASSIFICATION OF ACCOUNTS
2.1
         A
         B
         C
                                                                                            4
         D

2.2
         No.     Account                        Classification
         2.2.1   Vehicles
         2.2.2   Loan: Ubuntu Bank
         2.2.3   Advertising                                                                4
         2.2.4   Rent income

QUESTION 3: ACCOUNTING EQUATION

                                                       Effect on accounting equation
No.    Account debited         Account credited
                                                      Assets      Owner’s   Liabilities
                                                                   equity

 e.g. Bank                     Current income         +3 200      +3 200         0

 3.1

 3.2

 3.3

 3.4

 3.5

                                                                                           10
                                                                      TOTAL SECTION B: 18

Copyright reserved                                                             Please turn over

### Page 4

Copyright reserved
                                                                                                                                                      EMS/P1
                     SECTION C: CASH JOURNALS
                     QUESTION 4: CASH RECEIPTS AND CASH PAYMENTS JOURNALS
                     4.1     Cash Receipts Journal of Sparkle Car Wash for August 2026                                        CRJ1

                                                                 Analysis of             Current            Sundry accounts
                      Doc.    Day Details                 Fol.    receipts        Bank   income

                                                                                                   Amount     Fol. Details

                                                                                                                                                     4
                                                                                                                                8

                                                                                                                                     Senior Phase – Answer Book Mock

Please turn over                                                                                                                                      Hlayiso/Mock 2026

### Page 5

Copyright reserved
                                                                                                                                                         EMS/P1
                     4.2     Cash Payments Journal of Sparkle Car Wash for August 2026                                           CPJ1

                                                                                         Consumable            Sundry accounts
                      Doc.    Day Name of payee         Fol.        Bank       Wages       stores

                                                                                                      Amount     Fol. Details

                                                                                                                                                        5
                                                                                                                                  12

                                                                                                                                        Senior Phase – Answer Book Mock

Please turn over                                                                                                                                         Hlayiso/Mock 2026

### Page 6

EMS/P1                                         6                            Hlayiso/Mock 2026
                               Senior Phase – Answer Book Mock

4.3    Do you agree? Explain your answer.

                                                                                              2

                                                                       TOTAL SECTION C: 22

SECTION D: GENERAL LEDGER AND TRIAL BALANCE
QUESTION 5: GENERAL LEDGER

                     GENERAL LEDGER OF KGOTSO PLUMBING SERVICES
                          BALANCE SHEET ACCOUNTS SECTION

5.1
Dr                                       Bank                                          B5     Cr
     Date       Details       Fol.   Amount   Date           Details      Fol.     Amount
2026        1   Balance       b/d     18 600
Sept

                                                                                              6
5.2
Dr                                      Capital                                         B1    Cr
     Date       Details       Fol.   Amount       Date       Details      Fol.     Amount
                                               2026      1   Balance       b/d       60 000
                                               Sept

                                                                                              2
5.3 Is Mpho correct? Explain.                                                                 (2)

Copyright reserved                                                               Please turn over

### Page 7

EMS/P1                                          7                        Hlayiso/Mock 2026
                                Senior Phase – Answer Book Mock

QUESTION 6: TRIAL BALANCE
6.1

                Trial Balance of Lerato’s Tutoring Services on 31 October 2026

                                               Fol.        Debit          Credit
      BALANCE SHEET ACCOUNTS SECTION
      Capital                                   B1
      Drawings                                  B2
      Equipment                                 B3            38 500
      Vehicles                                  B4            95 000
                                                B5
                                                B6
                                                B7
      NOMINAL ACCOUNTS SECTION
      Current income                            N1
                                                N2
      Wages                                     N3            18 600
                                                N4
                                                N5
                                                N6
                                                N7

      Workings: Capital

                                                                                       8
6.2 Do you agree? Give a reason.                                                       (2)

                                                                   TOTAL SECTION D: 20
                                                                            TOTAL: 75

Copyright reserved

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