Accounting Grade 10 Term 4 November 2025 Quiz – Questions and Answers

Accounting Grade 10 Term 4 November 2025 Questions and Answers help learners prepare for the final CAPS Accounting exam through real exam-style questions, memos, and revision tools. On this page, you will find an interactive quiz, downloadable Term 4 exam papers, and study guidance covering everything from journals and ledgers to financial statements. It is built for South African learners who are writing their November 2025 Accounting Grade 10 final exams and need a full revision resource that mirrors the official exam format.

For more resources, visit the main page here: Accounting Grade 10 Past Papers and Memos

Accounting Grade 10 Term 4 November 2025 Quiz – Questions and Answers

The Accounting Grade 10 Term 4 November 2025 Questions and Answers Quiz below is fully aligned with the CAPS curriculum. It focuses on practical knowledge areas such as VAT calculations, control accounts, reconciliations, depreciation, and financial statements. Each question is structured to reflect actual DBE exam formats, with instant feedback and short explanations once you submit.

Paper 1:

Accounting Grade 10 – Paper 1 Practice Quiz

Section A: Multiple Choice • Section B: True or False
Section A: Multiple Choice
Section B: True or False

Paper 2:

Topics Covered in the Term 4 Accounting Quiz

Journals, Ledgers, and the Trial Balance

You will work with CRJ, CPJ, DJ, CJ, PJ, and GJ. Learn how to post to General Ledgers, balance accounts, and compile a Trial Balance accurately. Common Term 4 exam questions often focus on posting errors and correcting them through suspense accounts.

Control Accounts and Reconciliations

Practise with Debtors Control, Creditors Control, and Subsidiary Ledgers. You will prepare a Creditors Reconciliation Statement and identify differences caused by incorrect postings, settlement discounts, and debit notes.

Bank Reconciliation and Petty Cash

Reconcile the business cash book with the bank statement by identifying outstanding deposits, cheques, errors, and bank charges. You must also understand the imprest system and how petty cash is managed using vouchers and analysis columns.

VAT at 15%

Learn to record input and output VAT correctly and understand how VAT affects trading transactions. You will also handle adjustments in journals and ledger accounts at month-end and apply ethical VAT management practices.

Fixed Assets and Depreciation

Prepare the Fixed Asset Register, calculate straight-line and diminishing balance depreciation, record asset disposal, and perform adjustments for accumulated depreciation.

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Year-End Adjustments and Financial Statements

Apply accrual accounting principles by handling prepaid expenses, accrued income, consumables, bad debts, and income received in advance. You will also complete Trading, Profit or Loss, and Balance Sheet statements for a sole trader.

Ethics and Internal Control

Understand internal control systems for cash, inventory, and credit transactions. Be ready to answer case-based questions about fraud prevention, document control, and ethical behaviour in accounting.

Download Term 4 November 2025 Accounting Grade 10 Papers and Memos

Use the following links to download official and practice Accounting Grade 10 Term 4 November 2025 question papers and memoranda in PDF format. These are perfect for self-assessment and revision:

More downloads available here: Accounting Grade 10 Past Papers and Memos

Exam Scope for Accounting Grade 10 Term 4 November 2025

Your Term 4 CAPS exam will assess your ability to:

  • Record transactions from source documents to journals and ledgers
  • Complete Trial Balance and correct posting errors
  • Calculate and record VAT at 15% correctly
  • Prepare Bank Reconciliation and Petty Cash statements
  • Reconcile Creditors and Debtors accounts
  • Handle Fixed Assets, depreciation, and disposals
  • Complete year-end adjustments accurately
  • Prepare full Financial Statements for a sole trader
  • Apply ethics and internal control procedures in financial management

Common Errors to Watch Out For

  • Using VAT-inclusive amounts in cost calculations
  • Recording discounts on the wrong side of accounts
  • Forgetting to update control accounts after subsidiary postings
  • Mixing straight-line and diminishing balance methods
  • Leaving out outstanding cheques or deposits during reconciliations
  • Forgetting year-end adjustments before finalising statements

Accounting Grade 10 Term 4 Revision Plan

Week 1: Journals, Ledgers, Trial Balance, VAT entries
Week 2: Bank Reconciliation, Petty Cash, Control Accounts
Week 3: Fixed Assets, Depreciation, Year-End Adjustments
Week 4: Full Financial Statements and Revision with Memos
Final 3 Days: Timed exam practice using November 2025 papers

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Frequently Asked Questions

What is covered in the Accounting Grade 10 Term 4 November 2025 Questions and Answers Quiz?

It covers all major CAPS topics: journals, ledgers, trial balance, VAT, bank and creditors reconciliations, fixed assets, depreciation, and Financial Statements.

How do I prepare effectively for the November 2025 exams?

Start by taking the quiz, review each explanation, and practise using Term 4 papers and memos. Reattempt the quiz after revision to measure progress.

Does this content follow the official CAPS exam structure?

Yes. The topics and question styles are fully aligned with the CAPS Grade 10 Accounting Term 4 scope.

Where can I download past papers and memos?

You can find all Grade 10 Accounting papers and memoranda at:

Accounting Grade 10 Past Papers and Memos

Can I retake the quiz multiple times?

Yes. The quiz can be taken as many times as needed to improve speed, accuracy, and understanding before your November 2025 final exam.

Final Exam Tip

Start early. Use the Accounting Grade 10 Term 4 November 2025 Questions and Answers quiz as daily practice. After every attempt, focus on improving weak areas like VAT, year-end adjustments, and control accounts. Download the official papers and memos, mark them properly, and build confidence for the final CAPS exam.

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