TEST EMS
18 March 2025 Grade 9
Time t hour Examiner: S.van der Merwe
Marks 50 Moderator: R. Koegelenberg
This poper includes the following
1. Question paper with 3 poges.
2. Answer set with 4 poqes.
INSTRUCTIONS AND INFORMATION
1. Ans\\rer allrhe questlons on the answer sheets provided.
2 Read the lnstructlons careful y and fol ow them precisely.
3 Your \,vork rnust be neat and legible.
4. You may not use red or green ink, pencil or correction fluid
5. Abbreviations and arrows are not acceptable.
QUESTION 1: ACCOUNTING EQUATIoN (7 marks;8 minutes)
INSTRUCTION
lndicate what the effect of the following transactions will be on the accoLrnting
equation. ndlcate an lncrease with a + and a decrease with a -. Show the amoLlnt
ioncerned throughout and supply a reason for your answer.
TRANSACTIONS
1. Received R1 2OO from sales according to the cash register roll (cost price R780)
2. Paid PNA for pens and writing pads to use in the office, R835.
3. Bought a new delivery vehicle, R125 000 and paid by EFT.
2
QUESTTON 2: TRIAL BALANCE (13 marks; 16 minutes)
The balances given below appeared in the General Ledger of Woolf Traders
INSTRUCTION
Take the given information into account to prepare the Trial Balance of Woolf Traders
on 3l January 2025. Show folio references.
INFORMATION
Balances in the General Led r ofWoolfTraders on 3l.January 2025:
Equipment 57 515 Drawings 3750
Wages 55 800 Cost of sa les 38 080
Capital 330 000 Cash float ?
Rent expense ? ln su ra nce 61400
Trading stock 33 000 Bank 65 396
sales 47 600 Stationery 72 499
TAKE NOIE: woolf Traders paid Seeff Properties rent for extra storage space, R5 300
per raonth, for 9 months.
QUESTION 3: CAsH JOURNALS (14 marks;17 minutes)
INSTRUCTION
Buhle Connections buy and sell computer equipment. Record the given transactions of
Buhle Connections in the cash journals for February 2025. No closing off is required.
Transactions for February 2025i
7 The owner, Buhle Mgcoyi, made a direct deposlt to increase her capital contrjbution
of R170 000 to R190 000. Receipt 04 was lssued.
11 The owner made an electronic funds transfer froaa the business's accou nt to pay for
her personal Netflix account, R399. Paid by EFT 37
14 Bought 12 new computers from PC World at R11400 each. One of the computers
will be for office use. Paid by EFT.
19 Drew R2 000 cash to pay the week's wages
22 ReceivedR23400forthesaleofalaptop,amonitorandcables Cash reglster roll 52
was issued (cost price R15 600).
3
QUESTION 4: GENERAL LEDGER (16 marks; 19 minutes)
Ruben Stores sell goods at a profit mark-up of40% on cost price
INSTRUCTION
Take the given informat,on into account to prepare the following accounts in the
General Ledger. Balance only the Trading Stock account.
Trading Stock B4 (8)
Sales N1 (41
Cost of sales N2 (4)
INFORMATION
1. The following balances appeared, amongst others, in the General Ledger on 1 t\4arch 2025
Trading Stock 5 780
Sales 11480
Cost ofsales ?
2. Column totals in the cash journals on 31 March 2025
Cash Receipts Journal CRJ3
Bank 123 400
Sales CALCUTAIE
Cost ofsales 25 800
Sundry accounts 87 280
cash ents Journal (cPl3)
Bank 54 510
Trading Stock CALCU LATE
Wages 741A0
Packing material 890
Sundry accounts 6 500
TOTAL:50
