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GRADE:
EDUCATOR:
LEARNERS MARK: QUESTION 1 2 3 4 Exam Result Converted to Percentage Symbol MARK /43 /30 /37 /40 /150 /300 %
Question 1: CASH RECEIPTS JOURNAL OF COLOURS CLEANERS FOR MARCH 2011 (CRJ 5)
Doc No Day Details P. Colours Services Rendered Services Rendered P. Colours Services Rendered Fol Analysis of receipts 7501841365Bank 100 000 75018410 000 1365112 299Current Income 75018410 000 13652299110 000 Capital Sundry Accounts Amount 100 000 Details Capital
Wages -1
Fol
Bank 130750035022585-
Material Costs
Stationery
Wages
Wages -1
Wages -1
225275240300933022057080165-
15010025-
7905-
27
[43]
Question 2: DR GENERAL LEDGER OF WINNIE POOH SERVICES BALANCE SHEET SECTION CAPITAL B1
2011 Aug -1
CR
Bank
Line + total in pencil
CRJ CRJ
27 Bank
DRAWINGS
2011 Aug
B2
Bank
CPJ CPJ
14 Bank
(3)
VEHICLES
2011 Aug
11 Bank
CPJ
B4 2011 21 Bank
Aug
CRJ c/d
31 Balance
2011 Sept
Balance
b/d
EQUIPMENT
2011 Aug
B5 (1)
31 Bank
CPJ
7000 -
BANK
2011 Aug
B6
2011 Aug
31 Total Receipts
CRJ
CPJ c/d
2011 Sept
Balance
b/d
31 Bank N2
CRJ
6350 (1)
STATIONERY
2011 Aug
Bank
CPJ CPJ
29 Bank
(3)
VEHICLE EXPENSES
2011 Aug
N7 (2)
31 Bank
CPJ
5200 -
RENT INCOME
2011 Aug
N12 Bank
CRJ CRJ
pencil
31 Bank
Question 3: EFFECT ON ACCOUNTING EQUATION ASSETS OWNERS EQUITY EFFECT REASON EFFECT REASON - 15 000 BANK DECREASES + 15 000 VEHICLES INCREASES
+14 000 +7500 -130 +130 -110 +15 000 -15 000 -315 +590 Bank increases Bank increases Bank decreases Cash float increases Bank decreases Bank increases Vehicles decrease Bank decreases Bank increases +14 000 +7500 -110 -315 +590 Capital increases Income earned Drawings Telephone = expense Rent income = Income
NO EG.
3.1 3.2 3.3 3.4 3.5 3.6 3.7
JOURNAL CPJ
CRJ CRJ CPJ CPJ CRJ CPJ CRJ
[37]
Question 4: 4.1.1 4.1.2 4.1.3 4.1.4 4.1.5 True True True True True
1. 2. 3. 4.
4.2
Land + Natural resources eg. Agriculture + Forestry etc -- Rent Labour eg. Skilled vs. unskilled Wages + Salary (Plumbers etc) Capital eg. Money + fixed assets Interest (Machinery etc) Entrepreneurship eg. Own business Profit (eg. Raymond Ackerman etc) (12)
4.3.3
4.4.3 - poverty
- unemployment - housing - education - building the economy / provide water + electricity to all - democratic country / upgrade + insert sanitation services Any (4)
Any
(4)
4.4.5 - population
- capital
4.4.6 Poverty increases due to reduced production thus no jobs or job creation.