ACCOUNTING GRADE 10

SCHOOL BASED ASSESSMENT

TERM 1: 2023

PRESENTATION

NAME OF LEARNER
SCHOOL
DATE

QUESTION TOPIC MARKS LEARNER’S MODERATED

MARKS MARKS
1 Indigenous Book-Keeping 38
2 Internal Control 12
TOTAL 50

This answer book consists of 5 pages.

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QUESTION 1: INDIGENOUS BOOK-KEEPING

1.1.1 Calculate the total amount paid for ingredients (Refer to Information A)

1.1.2 Calculate the total amount received from sales and functions
(Refer to Information B)

1.1.3 Calculate the salaries paid to one employee who sells at the taxi rank
(Refer to Information C)

3
1.1.4 Calculate the profit or loss she made from selling cakes
(Refer to Information A and B)

2023 Grade 10 Presentation Answer Book

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1.1.5 From her list of payments, state ONE item that is not an expense to the
business, identify and explain the GAAP principle that is applicable.

3
1.2 In your presentation advice Thandi to improve the handling of cash as
follows:
1.2.1 Pay employees through EFT or e-wallet, provide TWO advantages of
EFT’s.

1.2.2 Bank cash daily or most frequently. Explain TWO disadvantages of

keeping large amounts of cash.

2023 Grade 10 Presentation Answer Book

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1.3 When the business grows Thandi will have to register her business as a
formal business and will have to issue source documents for sales
transactions.
1.3.1 What source documents can be issued by Thandi to her customers?
Name THREE types of documents.

1.3.2 How will the business benefit from issuing documents? Provide ONE
point.

1.4 Mention THREE areas that will have to be improved by Thandi when
the business grows and provide motivation in each case.

TOTAL MARKS

38

2023 Grade 10 Presentation Answer Book

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QUESTION 2

INTERNAL CONTROL

2.1
 Identify the FOUR problems around management and control of petty cash at “The Looks
Hair Salon”.
 Based on the problems identified, provide FOUR internal control measures that can be
implemented to manage petty cash.

PROBLEMS SOLUTIONS
(1 X 4) (2 X 4)

TOTAL MARKS

12

2023 Grade 10 Presentation Answer Book