Economic and Management Sciences Grade 9 P1 2026 Addendum

Copyright reserved Please turn over STICKER CENTRE NUMBER EXAMINATION NUMBER SENIOR PHASE ECONOMIC AND MANAGEMENT SCIENCES P1 FINANCIAL LITERACY GRADE 9 NOVEMBER 2026 (MOCK) SPECIAL ANSWER BOOK WWW.HLAYISO.COM QUESTION MARKS INITIAL MOD. 1 15 2 20 3 10 4 8 5 7 6 10 TOTAL This answer book consists of 7 pages.

EMS/P1 2 Senior Phase – Answer Book Mock Hlayiso/Mock 2026 NAME AND SURNAME: CLASS: SECTION A: SHORT QUESTIONS QUESTION 1 1.1 1.1.1 1.1.2 1.1.3 1.1.4 1.1.5 5 1.2 1.2.1 1.2.2 1.2.3 1.2.4 1.2.5 5 1.3 1.3.1 1.3.2 1.3.3 1.3.4 1.3.5 5 TOTAL SECTION A: 15 Copyright reserved Please turn over

EMS/P1 3 Senior Phase – Answer Book Mock Hlayiso/Mock 2026 SECTION B: JOURNALS AND ACCOUNTING EQUATION QUESTION 2: SUBSIDIARY JOURNALS 2.1.1 Cash Receipts Journal of Kasi Kicks for October 2026 CRJ10 Doc. Day Details Fol. Analysis of receipts Bank Sales Cost of sales Debtors’ control Sundry accounts Amount Fol. Details 6 2.1.2 Cash Payments Journal of Kasi Kicks for October 2026 CPJ10 Doc. Day Name of payee Fol. Bank Trading stock Wages Creditors’ control Sundry accounts Amount Fol. Details 5 Copyright reserved Please turn over

EMS/P1 4 Senior Phase – Answer Book Mock Hlayiso/Mock 2026 2.1.3 Debtors’ Journal of Kasi Kicks for October 2026 DJ10 Doc. Day Debtor Fol. Sales Cost of sales 3 2.1.4 Creditors’ Journal of Kasi Kicks for October 2026 CJ10 Doc. Day Creditor Fol. Creditors’ control Trading stock Stationery Sundry accounts Amount Fol. Details 4 2.2 Suggest ONE way to reduce the risk that debtors do not pay their accounts. 2 [20] Copyright reserved Please turn over

EMS/P1 5 Senior Phase – Answer Book Mock Hlayiso/Mock 2026 QUESTION 3: ACCOUNTING EQUATION No. Account debited Account credited Amount Effect on accounting equation A OE L e.g. Advertising Bank 2 500 − − 0 3.1 Sales Cost of sales Trading stock 3.2 Bank 7 300 3.3 Bank 1 500 10 TOTAL SECTION B: 30 Copyright reserved Please turn over

EMS/P1 6 Senior Phase – Answer Book Mock Hlayiso/Mock 2026 SECTION C: LEDGERS AND TRIAL BALANCE QUESTION 4: GENERAL LEDGER GENERAL LEDGER OF THABA WHOLESALERS BALANCE SHEET ACCOUNTS SECTION Dr Trading Stock B5 Cr Date Details Fol. Amount Date Details Fol. Amount 2026 Sept 1 Balance b/d 38 600 8 QUESTION 5: DEBTORS’ LEDGER 5.1 Balance (A): (1) 5.2 Source document (B): (1) 5.3 Folio (C): (1) 5.4 Workings: Balance (D): (2) 5.5 (2) 7 Copyright reserved Please turn over

EMS/P1 7 Senior Phase – Answer Book Mock Hlayiso/Mock 2026 QUESTION 6: TRIAL BALANCE Trial Balance of Mabaso Motor Spares on 31 October 2026 Fol. Debit Credit BALANCE SHEET ACCOUNTS SECTION Capital B1 Vehicles B2 120 000 Equipment B3 34 500 Trading stock B4 41 300 B5 B6 B7 B8 B9 NOMINAL ACCOUNTS SECTION Sales N1 96 450 Wages N2 14 600 N3 N4 N5 N6 N7 Workings: Capital 10 TOTAL SECTION C: 25 TOTAL: 70 Copyright reserved