NATIONAL SENIOR CERTIFICATE EXAMINATIONS
ACCOUNTING P1
2023
MARKS: 150
TIME: 2 hours
This question paper consists of 11 pages,
a formula sheet and a 10-page answer book.
Copyright reserved Please turn over
, Accounting/P1 2 DBE/2023
SC/NSC
INSTRUCTIONS AND INFORMATION
Read the following instructions carefully and follow them precisely.
1. Answer ALL questions.
2. A special ANSWER BOOK is provided in which to answer ALL questions.
3. A Financial Indicator Formula Sheet is attached at the end of this question
paper.
4. Show ALL workings to earn part-marks.
5. You may use a non-programmable calculator.
6. You may use a dark pencil or blue/black ink to answer questions.
7. Where applicable, show ALL calculations to ONE decimal point.
8. Write neatly and legibly.
9. Use the information in the table below as a guide when answering the
question paper. Try NOT to deviate from it.
QUESTION TOPIC MARKS MINUTES
Statement of Comprehensive Income
1 60 45
and Current Assets
Retained Income Note, Cash Flow
2 35 25
Statement and Financial Indicators
3 Interpretation of Financial Information 40 35
4 Corporate Governance 15 15
TOTAL 150 120
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