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Grade 8 Economic and Management Science (EMS) (Accounting) September Paper 1 and Memo - 2024 $2.96   Add to cart

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Grade 8 Economic and Management Science (EMS) (Accounting) September Paper 1 and Memo - 2024

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Grade 8 EMS (Accounting) September Paper 1 and Memo: Total:  50 Marks.      Time:  60min Contents of the exam paper contains the following details: Cash payment journal Accounting equation Accounting concepts This is a practice paper with memorandum meant to test the student's kn...

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  • July 15, 2024
  • 14
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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Datum / Date: SEPTEMBER 2024
Tyd / Time: 1 HOUR
Punte / Marks: 50
Graad / 8
Grade:
Vak / Subject: EMS – ACCOUNTING
Vraestel / 1
Paper:


Naam en Van / Name and
Surname:


General instructions for the writing of exams:

1. Quickly scan through your entire paper.
2. Read the question twice before you begin.
3. Make sure to answer ALL questions.
4. Write neatly and legibly.
5 If you struggle too much with a question, move on to the next one and return
once you have answered all the other questions.
6. If the question calls for a longer answer, plan before you start writing.
7. For any answer longer than 1-2 words, always write in full sentences.
8. Make sure every point you make refers to the central question.
9. Use correct grammar, spelling, and punctuation to the best of your ability.
10. If you make a mistake, cross it out clearly with a single, neat line and write the
correct answer instead.
11. Number the answers correctly according to the numbering system used in this
question paper.
12. Present your answers according to the instructions for each question.


Baie sterkte met jou eksamen! | Good luck with your exam!

Topics

• Cash Payment Journal
• Accounting Equation
• Accounting concepts
• Classification of accounts.


Bl / Pg 1/8 www.summariessa.co.za Opsteller / DAN SMI
Author:
Graad / 8 Vak / EMS ACC Datum / Date: SEPT 2024
Grade: Subject:

, QUESTION 1

1.1. Various options are provided as possible answers. Choose the
correct answer and only write down the questions number and the
correct letter.



1.1.1 Which of the following is a description of an employee?

A A person who runs their own business

B A person who works for a company and receives a salary

C A person who invests in various stocks and bonds

D A person who buys products in bulk to sell them at a profit



1.1.2 Land and buildings will be classified as an …

A Liability

B Asset

C Income

D Expense



1.1.3 A sales transaction will take place between the business and …

A debtor

B employee

C creditor

D customer



1.1.4 The source document in the Cash Payment Journal:

A invoice

B EFT receipt

C Petty cash voucher

D Bank statement



Bl / Pg 2/8 www.summariessa.co.za Opsteller / DAN SMI
Author:
Graad / 8 Vak / EMS ACC Datum / Date: SEPT 2024
Grade: Subject:

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