DOORNPOORT HIGH SCHOOL
ECONOMIC AND MANAGEMENT SCIENCES
QUESTION PAPER
GRADE 9
MARCH 2024
EXAMINER: E.Kroukamp
MODERATOR: B. Makobe
TOTAL: 50
TIME: 60 minutes
INSTRUCTIONS
1. This QUESTION PAPER consists of 4 pages.
2. The paper consists of 4 questions.
3. Answer all the questions on the given ANSWER SHEET with a blue pen. NO
PENCIL ANSWERS WILL BE ASSESSED.
4. Read each question carefully before answering it and pay attention to MARK
ALLOCATION.
5. Write neatly and legibly. Marks will be forfeited for the use of Tippex or illegible
handwriting.
6. Only non-programmable calculators may be used.
7. Good luck!
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SECTION A
QUESTION 1
MARKS: 5
1.1 State in each case in which journal you will record the following transactions:
1.1.1 Receive stock and pay by cheque.
1.1.2 The owner increases his capital contribution.
1.1.3 Cash sales of goods.
1.1.4 Pay the municipality for water and electricity.
1.1.5 Issue a cash invoice for stock bought.
[5]
QUESTION 2
MARKS: 8
2.1 Analyse the following transactions on the accounting equation as done in the example below.
Ex. Pay the telephone account of R650.
ASSETS
EFFECT
REASON
-650
Bank/cash decreases
OWNER'S EQUITY
EFFECT
REASON
-650
Telephone - expense
2.1.1 The owner pays his wife's doctors' account with a business cheque, R850 (4)
2.1.2 Purchase trading stock at R1 500 and pay by cheque. (4)
[8]
TOTAL SECTION A: 13
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SECTION B
QUESTION 3
MARKS: 13
The following balances are given to you on 31 May 2014:
Capital
R185 000
Bank (cr)
R 9 682
Trading stock
R 6 382
Sales
R
?
Cost of sales
R 6 500
Rent income
R 2 500
Wages
R 2 150
A profit mark-up of 40% is used on all sales.
The following column totals are given to you for June 2014:
CRJ6
CPJ6
Bank
32 970
Bank
25 639
Sales
15 470
Trading stock
11 495
Cost of sales
11 050
Wages
2 580
The total of sundry accounts consists of the
The total of sundry accounts consists of the
following:
following:
1 June 2014 — Increasing of capital contribution
5 June 2014 — Pay rent of R1 850.
to R200 000.
15 June 2014 — Receive rent, the amount of the
15 June 2014 — Receive the telephone account
rent stays the same each month.
of R565
30 June 2014 — Pay the salary of J. Small,
R6 500
3.1 Use the given totals and the above information and complete the given General Ledger
accounts of ABC Traders for June 2014. Balance/total the accounts.
[27]
TOTAL SECTION B: 27
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SECTION C
QUESTION 4
MARKS: 24
Agnes Gillian is the owner of Skin Doctor, a beauty salon on the west coast. Skin Doctor
provides a service through a variety of face and body treatments. Agnes also sells Anique and
Environ skin products in her salon. She sells the Anique products at a profit mark-up of 40%
and the Environ products at a mark-up of 50%.
Use the given information and complete:
4.1 The CASH RECEIPTS and the CASH PAYMENTS JOURNAL for September 2014. Do
not total the journals. (24)
Transactions September 2014
1. The owner increases her capital contribution with R15 000. She pays the amount directly
into the business's bank account. Issue receipt 35.
Skin Doctor rents a premises at a yearly rate of R4 500. The rent however increased with
10% on 1 September 2014. Issue cheque 100 to P. Coetzee for the month's rent.
4. Purchase a new sterilization machine from Body Suppliers and pay R3 680. Issue a cheque.
5. Two clients had appointments for facial treatments at R350 per treatment. Issue a receipt.
Sell Environ products to the value of R1 275.
9. Pay PNA R638 for pens, receipt books and invoice books purchased.
11. Purchase Anique products of R1 068 and Environ products of R2 583. Issue a cheque to
Natural Health Shop. These products are sold in the salon and not used to provide a
service.
14. Cash a cheque to pay the wage for two workers for two weeks. The workers work 5 days
a week and earn R105 per day.
16. Purchase goods to provide a service from Zest Care to the value of R1 836.
19. The following were received from clients:
Six clients for a manicure @ R120 p.p.
Three clients for a pedicure @ R150 p.p.
One facial treatment @ R350.
TOTAL SECTION C: 24
GRAND TOTAL: 50
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