Gr 9 Accounting Past Paper 2025 PDF - Formal Assessment 1

Summary

This is a Grade 9 Accounting past paper from 2025. The assessment covers topics such as terminology, the accounting cycle, bank accounts, and source documents. The keywords include accounting, financial statements, and bank accounts.

Full Transcript

2025 EMS - ACCOUNTING: FORMAL ASSESSMENT 1 GRADE 9 MARKS: 50 DATE: 10 February 2025 EXAMINER: Ms S Smit MODERATOR: Ms Stemmet DEMARCATION _____________________________________________________________________________________ On Moodl...

2025 EMS - ACCOUNTING: FORMAL ASSESSMENT 1 GRADE 9 MARKS: 50 DATE: 10 February 2025 EXAMINER: Ms S Smit MODERATOR: Ms Stemmet DEMARCATION _____________________________________________________________________________________ On Moodle: 01. Terminology and the accounting cycle. Lesson 1: Net worth and Accounting Cycle (interactive workbook) Know how to calculate Net Worth. You must be able to complete the Accounting Cycle. Know what source documents are used for different transactions. Know the different journals that are used for different transactions. Lesson 2: Account classification (interactive workbook) You need to be able to define the different accounts: - Capital - Drawings - Non-current assets and Current assets - Non-current liabilities and current liabilities - Income - Expenses 02. Bank accounts and source documents Lesson 1: Bank accounts (interactive workbook) You must be able to interpret a bank statement. Lesson 2: Source documents (interactive workbook) You need to be able to interpret a receipt and an EFT payment authorisation. VERY IMPORTANT: Make sure that you go through all the activities that we’ve done in the textbook. 1

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