EMS Grade 9 Paper 1 Mopani East District / Year- End Controlled test Memorandum

MOPANI EAST DISTRICT

YEAR END CONTROLLED TEST

2022

ECONOMIC AND MANAGEMENT SCIENCES

PAPER 1
MEMORANDUM

MARKS: 70 TIME: 1½ hours

MEMORANDUM

This memorandum consists of 5 pages

Page 1 of 5
EMS Grade 9 Paper 1 Mopani East District / Year- End Controlled test Memorandum

SECTION A
QUESTION 1 Multiple choice

1.1.1. C
1.1.2. B
1.1.3. A
1.1.4. A
1.1.5. D
5 x 2 = 10

1.2. State whether the following are true or false.

1.2.1. False
1.2.2. True
1.2.3. False
1.2.4. False
1.2.5. True 5 x 2 = 10
SECTION B
QUESTION 2 : Accounting equation (14)
Show the effect of the following transactions on the Accounting equation. An example
has been given to assist you.

Example: Paid SA Furnishers R4 500 as part payment of account.

No. Subsidiary Account Account Effect on the Accounting

book (Journal) debited credited Equation
Assets Owners’ Liabilitie
Equity s
Exam Cash Creditors Bank -4 500 0 -4 500
ple Payments control
Journal
1. Creditors Trading Creditors + 7 030 0 + 7 030
Journal stock control

2. Debtors Cost of Trading - 1 100 - 1 100 0

Journal sales  stock
Debtors Sales + 1 320 + 1 320 0
control

Page 2 of 5
EMS Grade 9 Paper 1 Mopani East District / Year- End Controlled test Memorandum

3.1. Creditor’s Journal of Marais Enterprises for February 2022 CJ1 (9)
Doc Day Details Fol Creditor’s Stationery Trading Sundry Accounts
no Control Stock Amount Fol Details
001 1 Sullivan Stores 3 890 3 610 280 Parking material

002 12 Tara Traders 4 670 4 670

004 29 Sullivan Stores 5 130 1 800 3 330

3.2. Cash Payment Journal of Marais Enterprises for February 2022 CPJ1 (4)
Doc Day Name of Payee Fol Bank Trading Creditor’s Sundry Accounts
no Stock Control Amount Fol Details
b/s 15 Sullivan Stores 2 000 2 000

b/s 20 Tara Traders 3 200 3 200

Page 3 of 5
EMS Grade 9 Paper 1 Mopani East District / Year- End Controlled test Memorandum

3.3. Creditors Ledger of Marais Enterprises

Sullivan Stores C1 (5)

Date Details Fol Debit Credit Balance
Feb 1 Balance b/d 3 100

Invoice 001 CJ1 3 890 6 990

15 B/S CPJ 1 2 000 4 990

QUESTION 4

4.1. GENERAL LEDGER OF GOODMAN STORES

Dr Creditors Control Cr (5)

Date Details Fol Amount Date Details Fol Amount

202 3 Bank CPJ 10 000  202 0 Balance b/d 83 900

2 1 1 2 1
Mar Mar
Balance c/d 114 950  3 Purchases CJ1 41 050 
1
124 950 124 950

202 0 Balance b/d 114 950

2 1
Apr

4.2.1. R 12 200 (Cost of sales)  (1)

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EMS Grade 9 Paper 1 Mopani East District / Year- End Controlled test Memorandum

4.2.2. TRIAL BALANCE OF MARIKOS TRADERS – 28 FEBRUARY 2022 (12)

Fol Debit Credit
BALANCE SHEETS ACCOUNT SECTION
Capital B1 40 655
Drawings B2 2 550
Equipment B3 9 560
Bank B4 20 559
Trading stock B5 14 000
Creditors control B6 2 000

NOMINAL ACCOUNT SECTION

Sales N1 18 300
Cost of sales N2 12 200
Telephone N3 541
Wages N4 2 345
Rent income N5 1 200
Stationery N6 400
62 155 62 155

TOTAL FOR SECTION B: 50

GRAND TOTAL: 70 MARKS

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