Accounting Grade 12 Term 2 June Past Papers and Memos
2018 to 202639 papers12 study files167 PDFsEnglish / Afrikaans
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This page has every Accounting Grade 12 Term 2 paper we have, from 2018 to 2026: 39 question papers and 32 memos in 167 PDFs. The papers were set by Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Limpopo and the national DBE. Files are in English and Afrikaans. The newest year is first. Each paper shows the first page of questions, its marks and time, and what the questions cover. Below the papers there are 12 files of Term 2 study material.
Q1Com Pany Financial StatementsThe following information was taken from the accounting records of Talison Ltd.60 marks
Q2Cash Flow Statement and Financial Indicators(40 marks; 30 minutes)40 marks
Q3Conc Epts and Interpretation of Financial Information(35 marks; 25 minutes)35 marks
Q4Corporate GovernanceYou are provided with an extract from an article about fraudulent corporate accounting15 marks
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer questions.
Where applicable, show ALL calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS TIME (minutes) 1 Company Financial Statements 60 55 2 Cash Flow Statement and Financial 40 30 Indicators 3 Concepts and Interp
June 2026 Paper 1 (Eastern Cape)
Accounting Grade 12 June 2026 Paper 1 (Eastern Cape) question paper
Q1Company Financial StatementsThe following information was taken from the accounting records of Talison Ltd.60 marks
Q2Cash Flow Statement and Financial Indicators(40 marks; 30 minutes)
Q3Concepts and Interpretation of Financial Information(35 marks; 25 minutes)
Q4Corporate GovernanceYou are provided with an extract from an article about fraudulent corporate accounting15 marks
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer questions.
Where applicable, show ALL calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. TIME QUESTION TOPIC MARKS (minutes) 1 Company Financial Statements 60 55 Cash Flow Statement and Financial 2 40 30 Indicators Concepts and Interpre
June 2026 Paper 1 (Free State)
Accounting Grade 12 June 2026 Paper 1 (Free State) question paper
Q1Reconciliations and Internal Control(45 marks; 35 minutes)45 marks
Q2Cost Accounting2.1 Identify ONE cost category for each of the following descriptions by choosing45 marks
Q3InventoryComplete the sentences by filling in the missing word(s). Write only the answer35 marks
Q4Fixed Assets, Internal Auditing and Problem-Solving(25 marks; 20 minutes)25 marks
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL the questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer the questions.
Where applicable, show all calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 Reconciliations and Internal Control 45 35 2 Cost Accounting 45 35 3 Inventory 35 30 4 Fixed Assets, Internal Auditi
June 2026 Paper 2 (Eastern Cape)
Accounting Grade 12 June 2026 Paper 2 (Eastern Cape) question paper
Q1Reconciliations and Internal Control(45 marks; 35 minutes)45 marks
Q2Cost Accounting2.1 Identify ONE cost category for each of the following descriptions by choosing45 marks
Q3InventoryComplete the sentences by filling in the missing word(s). Write only the answer35 marks
Q4Fixed Assets, Internal Auditing and Problem-Solving(25 marks; 20 minutes)25 marks
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL the questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer the questions.
Where applicable, show all calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 Reconciliations and Internal Control 45 35 2 Cost Accounting 45 35 3 Inventory 35 30 4 Fixed Assets, Internal Auditi
June 2026 Paper 2 (Free State)
Accounting Grade 12 June 2026 Paper 2 (Free State) question paper
Q1Company Financial StatementsYou are provided with the information of Menzi Ltd for the financial year ended50 marks
Q2Cash Flow Statement and Financial Indicators(40 marks; 30 minutes)40 marks
Q3Interpretation of Financial Information(45 marks; 35 minutes)45 marks
Q4Corporate GovernanceAn extract from a local newspaper has been adapted and presented. Use the information15 marks
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer the questions.
Where applicable, show ALL calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 Company Financial Statements 50 45 2 Cash Flow Statement and Financial Indicators 40 30 3 Interpretation of Financia
May/June 2026 Paper 2 (National DBE)
Accounting Grade 12 May/June 2026 Paper 2 (National DBE) question paper
Q1Reconciliation, Age Analysis and Vat(40 marks; 30 minutes)40 marks
Q2Cost AccountingGive ONE cost account for each of the following descriptions by choosing a cost40 marks
Q3Stock Valuation and Fixed AssetsGalaxy Traders, owned by Julian Tshabalala, sells one brand of microwave30 marks
Q4BudgetingDazzling Outfitters sells expensive ladies' dresses. They also alter dresses for40 marks
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer the questions.
Where applicable, show ALL calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 Reconciliations, Age Analysis and VAT 40 30 2 Cost Accounting 40 30 3 Stock Valuation and Fixed Assets 30 30 4 Budge
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Accounting Grade 12 Term 2 2025 question papers and memos
June 2025 Paper 1
Accounting Grade 12 June 2025 Paper 1 question paper
Q1Notes to the Financial Statements and StatementOF FINANCIAL POSITION (55 marks; 45 minutes)55 marks
Q2Cash Flow Statement and Financial Indicators(40 marks; 30 minutes)40 marks
Q3Interpretation of Financial Information(40 marks; 30 minutes)40 marks
Q4Corporate Governance4.1 Choose the correct word(s) from those given in brackets. Write only the15 marks
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer questions.
Where applicable, show ALL calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS TIME (minutes) 1 Notes to the Financial Statements 55 45 and Statement of Financial Position 2 Cash Flow Statement and Financi
June 2025 Paper 2
Accounting Grade 12 June 2025 Paper 2 question paper
Q1Reconciliations and Age AnalysisThe information relates to Sharky Suppliers. The business is owned by Billy Bilton.
Q2Manufacturing(55 marks; 45 minutes)
Q3Inventory ValuationGive ONE term for each of the following descriptions by choosing a term from the
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL the questions.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer the questions.
Where applicable, show all calculations to ONE decimal point.
Write neatly and legibly.
If you choose to do so, you may use the financial indicator formula sheet which is attached at the end of this question paper. Use of this formula sheet is not compulsory.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 Reconciliations and age analysis 50 40 2 Manufacturing 55 45 3 Inventory 45 35 TOTAL 150 120
May/June 2025 Paper 1
Accounting Grade 12 May/June 2025 Paper 1 question paper
Q1Company Financial StatementsThe information relates to the financial year ended o Fn 2ebruar8 y 2025. The50 marks
Q2Fixed Assets, Cash Flow Statement and FinancialINDICATORS (45 marks; 35 minutes)45 marks
Q3Interpretation of Financial Information(40 marks; 30 minutes)40 marks
Q4Corporate Governance4.1 Refer to Information A.15 marks
Instructions to candidates
Answer ALL questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer questions.
Where applicable, show ALL calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. 2025 QUESTION TOPIC MARKS MINUTES 1 Company Financial Statements 50 40 2 Fixed Assets, Cash Flow Statement and 45 35 Financial Indicators 3 Interpr
May/June 2025 Paper 2
Accounting Grade 12 May/June 2025 Paper 2 question paper
Q1Btw En Krediteure-RekonsiliasieDie inligting het betrekking op Cmfoort Handelaars vir die BTW-periode geëindig30 marks
Q2Kosterekeningkunde2.1 Kies die korrekte woord uit dié wat tussen hakies gegee is. Skryf slegs die woord40 marks
Q3VoorraadwaardasieHelen Woods is die eienaar van 'n elektronika-winkel wat 'n verskeidenheid elektroniese40 marks
Q4BegrotingsDaisy MacDonald is die eienaar van Canary Winkels wat skoolsakke verkoop. Die inligting40 marks
Instructions to candidates
Answer ALL questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer questions.
Where applicable, show ALL calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. 2025 QUESTION TOPIC MARKS MINUTES 1 VAT and Creditors' Reconciliation 30 25 2 Cost Accounting 40 30 3 Stock Valuation 40 30 4 Budgeting 40 35 TOTAL
Accounting Grade 12 Term 2 2024 question papers and memos
June 2024 Paper 1
Accounting Grade 12 June 2024 Paper 1 question paper
Q1FINANCIAL POSITION (50 marks; 40 minutes)50 marks
Q2Cash Flow Statement and Financial Indicators(45 marks; 35 minutes)45 marks
Q3Interpretation of Financial Statements(40 marks; 30 minutes)40 marks
Q4Corporate Governance4.1 Company directors are expected to identify and take account of legitimate15 marks
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer questions.
Where applicable, show ALL calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS TIME (minutes) 1 Calculation of correct net profit and 50 40 Statement of Financial Position Notes to Financial Statements, Ca
June 2024 Paper 2
Accounting Grade 12 June 2024 Paper 2 question paper
Q1Reconciliations and Internal Control1.1 Indicate whether the following statements are TRUE or FALSE. Write only ‘true’45 marks
Q2Cost Accounting(50 marks; 40 minutes)50 marks
Q3Inventory and Internal Control3.1 Choose the correct answer from the options given in brackets. Write only the30 marks
Q4Fixed AssetsThe information relates to Zee’s Wholesalers. The financial year ended25 marks
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL the questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer the questions.
Where applicable, show all calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 Reconciliations and Internal Control 45 35 2 Cost Accounting 50 40 3 Inventory and Internal Control 30 25 4 Fixed As
May/June 2024 Paper 1
Accounting Grade 12 May/June 2024 Paper 1 question paper
Q2Cash Flow Statement and Financial Indicators(40 marks; 30 minutes)40 marks
Q3Interpretation of Financial Information(40 marks; 35 minutes)40 marks
Q4Corporate GovernanceYou are provided with a media article relating to Gadram Ltd.15 marks
Instructions to candidates
Answer ALL questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer the questions.
Where applicable, show ALL calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 Company Financial Statements 55 45 2 Cash Flow Statement and Financial 40 30 Indicators 3 Interpretation of Financia
May/June 2024 Paper 2
Accounting Grade 12 May/June 2024 Paper 2 question paper
Q1ReconciliationsThe information relates to Scot Traders, owned by Scot Salaza. The business30 marks
Q2Vat and Stock ValuationThe information relates to Mphati Enterprises owned by partners John, Jacob40 marks
Q3Cost Accounting3.1 Choose a cost category from COLUMN B that matches the example in40 marks
Q4BudgetingZephyr Traders opened on 1 January 2024 and sells portable power systems (PPS) that40 marks
Instructions to candidates
Answer ALL questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer the questions.
Where applicable, show ALL calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 Reconciliations 30 25 2 VAT and Stock Valuation 40 30 3 Cost Accounting 40 30 4 Budgeting 40 35 TOTAL 150 120
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Accounting Grade 12 Term 2 2023 question papers and memos
June 2023 Paper 1
Accounting Grade 12 June 2023 Paper 1 question paper
Q1Statement of Comprehensive Income and Statement of(60 marks; 45 minutes)
Q2Cash Flow Statement and Financial Indicators(40 marks; 30 minutes)
Q3Interpretation of Financial Statements(35 marks; 30 minutes)
Q4Corporate Governance4.1 The following extract represent a certain type of audit report.
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer questions.
Where applicable, show ALL calculations to ONE decimal point.
If you choose to do so, you may use the Financial Indicator Formula Sheet attached at the end of the question paper. The use of this formula sheet is not compulsory.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS TIME (minutes) 1 Statement of Comprehensive Income 60 45 and Statement of Financial Position Notes to Financial Statements, Ca
June 2023 Paper 2
Accounting Grade 12 June 2023 Paper 2 question paper
Q1Reconciliations – Bank and Creditors1.1 Match the statement in COLUMN A with a term from COLUMN B. Write only your
Q2Cost Accounting(55 marks; 45 minutes)55 marks
Q3Inventory Valuation3.1 Choose the correct answer from the given options. Write only the answer next to35 marks
Q4Fixed Assets(25 marks; 20 minutes)25 marks
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL the questions.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer the questions.
Where applicable, show all calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 Reconciliations: Bank and Creditors 35 25 2 Cost Accounting 55 45 3 Inventory valuation 35 30 4 Fixed Assets 25 20 T
May/June 2023 Paper 1
Accounting Grade 12 May/June 2023 Paper 1 question paper
Q1Statement of Comprehensive Income and CurrentASSETS (60 marks; 45 minutes)60 marks
Q2Retained Income Note, Cash Flow Statement and Financial IndicatorsFINANCIAL INDICATORS (35 marks; 25 minutes)35 marks
Q3Interpretation of Financial Information(40 marks; 35 minutes)40 marks
Q4Corporate Governance4.1 Choose the correct word(s) from those given in brackets. Write only the word(s)15 marks
Instructions to candidates
Answer ALL questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer questions.
Where applicable, show ALL calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 Statement of Comprehensive Income 60 45 and Current Assets 2 Retained Income Note, Cash Flow 35 25 Statement and Fin
May/June 2023 Paper 2
Accounting Grade 12 May/June 2023 Paper 2 question paper
Q1Bank Reconciliation1.1 Indicate whether the following statements are TRUE or FALSE. Write only 'true'30 marks
Q2Inventory ValuationMandie Jones is the owner of TV City that sells TV sets and has two branches (shops)35 marks
Q3Cost AccountingThe business manufacturers leather purses. The financial year ended on45 marks
Q4Budgeting4.1 Show the amounts for the following transactions in the appropriate columns for40 marks
Instructions to candidates
Answer ALL questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
A Financial Indicator Formula Sheet is attached at the end of this question paper.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer questions.
Where applicable, show ALL calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 Bank Reconciliation 30 25 2 Inventory Valuation 35 30 3 Cost Accounting 45 35 4 Budgeting 40 30 TOTAL 150 120 Accoun
Accounting Grade 12 Term 2 2022 question papers and memos
Q1Statements: Comprehensive Income and FinancialPOSITION (60 marks; 45 minutes)
Q2Financial Indicators and Cash Flow Statement(40 marks; 30 minutes)40 marks
Q3Interpretation of Financial Information(35 marks; 30 minutes)35 marks
Q4Corporate GovernanceYou are provided with an extract of the audit report for Tantass Ltd for the financial15 marks
Instructions to candidates
Answer ALL questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer the questions.
Where applicable, show ALL calculations to ONE decimal point.
If you choose to do so, you may use the Financial Indicator Formula Sheet attached at the end of this question paper. The use of this formula sheet is NOT compulsory.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS TIME (minutes) 1 Statements: Comprehensive Income and 60 45 Financial Position 2 Financial Indicators and Cash Flow 40 30 Stat
June 2022 Paper 2 (National DBE)
Accounting Grade 12 June 2022 Paper 2 (National DBE) question paper
Q1Statement of Financial Position (Balance Sheet) andNOTES (45 marks; 35 minutes)45 marks
Q2Fixed Assets, Cash Flow Statement and FinancialINDICATORS (45 marks; 35 minutes)45 marks
Q3Interpretation of Financial Information(45 marks; 35 minutes)45 marks
Q4Corporate GovernanceCorporate social responsibility (CSR) is an important part of corporate governance.15 marks
Instructions to candidates
Answer ALL questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer questions.
Where applicable, show ALL calculations to ONE decimal point.
If you choose to do so, you may use the Financial Indicator Formula Sheet attached at the end of this question paper. The use of this formula sheet is NOT compulsory.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 Statement of Financial Position (Balance 45 35 Sheet) and Notes 2 Fixed Assets, Cash Flow Statement and 45 35 Financ
May/June 2022 Paper 2
Accounting Grade 12 May/June 2022 Paper 2 question paper
Q1Btw en Krediteureversoening(30 punte; 20 minute)30 marks
Q2KosterekeningkundeDie onderneming, deur Fiona Radebe besit, vervaardig een soort modieuse45 marks
Q3Voorraadwaardasie3.1 Voltooi elk van die volgende sinne deur die ontbrekende woord(e) in te vul. Skryf35 marks
Q4BegrotingsInligting word vir die begrote tydperk geëindig 31 Julie 2022 verskaf.40 marks
Instructions to candidates
Answer ALL questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer questions.
Where applicable, show ALL calculations to ONE decimal point.
If you choose to do so, you may use the Financial Indicator Formula Sheet attached at the end of this question paper. The use of this formula sheet is NOT compulsory.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 VAT and Creditors' Reconciliation 30 20 2 Cost Accounting 45 35 3 Inventory Valuation 35 30 4 Budgeting 40 35 TOTAL
Accounting Grade 12 Term 2 2021 question papers and memos
June 2021 Paper 1 (National DBE)
Accounting Grade 12 June 2021 Paper 1 (National DBE) question paper
Q4Analysis and Interpretation of Two Companies(20 marks; 15 minutes)20 marks
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL the questions.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer the questions.
Where applicable, show ALL calculations to ONE decimal point.
If you choose to do so, you may use the Financial Indicator Formula Sheet attached at the end of this question paper. The use of this formula sheet is NOT compulsory.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS TIME (minutes) 1 Concepts, Analysis of transactions and Audit report 25 20 2 Balance sheet (Statement of Financial Position) 5
June 2021 Paper 2 (National DBE)
Accounting Grade 12 June 2021 Paper 2 (National DBE) question paper
Q1Reconciliations and Internal Control(32 marks; 25 minutes)32 marks
Q2Inventory; Fixed AssetsChoose a description in COLUMN B that matches the term in COLUMN A.58 marks
Q3Manufacturing and Cost AccountingIndicate whether the following statements are TRUE of FALSE. Write only ‘true’42 marks
Q4Financial and Internal ControlChoose the correct word from those given in brackets. Write only the chosen18 marks
Instructions to candidates
Answer ALL the questions.
A special ANSWER BOOK is provided in which to answer ALL the questions.
A FORMULA SHEET for financial indicators is attached to this question paper. You may use it if necessary.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer the questions.
Where applicable, show all calculations to ONE decimal point.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS TIME (Minutes) 1 Reconciliation 32 25 2 Inventory Valuation and 58 45 Fixed Assets 3 Manufacturing and Cost 42 35 Accounting 4
May/June 2021 Paper 1
Accounting Grade 12 May/June 2021 Paper 1 question paper
Q1Transaction Analysis and Audit Report(20 marks; 15 minutes)20 marks
Q2Statement of Comprehensive Income and RetainedINCOME NOTE (50 marks; 40 minutes)50 marks
Q3Financial Indicators and Cash Flow Statement(35 marks; 30 minutes)35 marks
Q4InterpretationCORPORATE GOVERNANCE (45 marks; 35 minutes)45 marks
Instructions to candidates
Answer ALL questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer questions.
Where applicable, show ALL calculations to ONE decimal point.
If you choose to do so, you may use the Financial Indicator Formula Sheet attached at the end of this question paper. The use of this formula sheet is NOT compulsory.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 Transaction Analysis and Audit Report 20 15 2 Statement of Comprehensive 50 40 Income and Retained Income Note 3 Fin
May/June 2021 Paper 2
Accounting Grade 12 May/June 2021 Paper 2 question paper
Q2Kosteberekening2.1 Kies 'n kostekategorie uit KOLOM B wat by die beskrywing in KOLOM A pas.35 marks
Q3Begroting(45 punte; 40 minute)45 marks
Q4Voorraadwaardasie4.1 Kies die korrekte woord(e) uit dié wat tussen hakies gegee word. Skryf35 marks
Instructions to candidates
Answer ALL questions.
A special ANSWER BOOK is provided in which to answer ALL questions.
Show ALL workings to earn part-marks.
You may use a non-programmable calculator.
You may use a dark pencil or blue/black ink to answer questions.
Where applicable, show ALL calculations to ONE decimal point.
If you choose to do so, you may use the Financial Indicator Formula Sheet attached at the end of this question paper. The use of this formula sheet is NOT compulsory.
Write neatly and legibly.
Use the information in the table below as a guide when answering the question paper. Try NOT to deviate from it. QUESTION TOPIC MARKS MINUTES 1 VAT and Creditors' Reconciliation 35 25 2 Cost Accounting 35 25 3 Budgeting 45 40 4 Stock valuation 35 30 TOTAL 150
