FINAL
NATIONAL
SENIOR CERTIFICATE
GRADE 11
GRADE 10
ACCOUNTING
MARKING MEMORANDUM
MARCH 2025
COMMON TEST
MARKS : 100
MARKING PRINCIPLES:
1. Penalties for foreign items are applied only if the candidate is not losing marks elsewhere in the question for that
item. No double penalty applied.
2. Penalties for placement or poor presentation (e.g. details) are applied only if the candidate is earning marks on the
figures for that item.
3. Full marks for correct answer. If answer incorrect, mark the workings provided.
4. If a pre-adjustment figure is shown as the final figure, award one mark. Not the method mark for the answer. Note:
if figures are stipulated in memo for components of workings, these do not carry the method for final answer.
5. Unless otherwise indicated, the positive or negative effect of any figure must be considered to award the mark. If
no + or – sign or bracket is provided, assume that the figure is positive.
6. Where indicated, part-marks may be awarded to differentiate between differing qualities of answers from
candidates.
7. Where penalties are applied, the marks for that section of the question cannot be a final negative.
8. Where method marks are awarded for operation, the marker must inspect the reasonableness of the answer
before awarding the mark.
9. Operation’ means ‘Check operation’. ‘One part correct’ means ‘Operation & one part correct’. Note: check
operation must be +,-,x,÷, or per candidates operation.
10. In awarding method marks, ensure that candidates do not get full marks for any item that is incorrect, indicate with
a . Note: do not award marks for workings if numerator and denominator are swapped-this also applies to ratios.
11. Be aware of candidates who provide valid alternatives beyond the marking guideline.
12. Codes: f=foreign item; p=placement.
This marking guideline consists of 6 pages.
Copyright Reserved Please Turn Over
, Accounting (Grade 11) 2 March 2025 Common Test
NSC
QUESTION 1 (20 MARKS; 18 MINUTES)
BANK RECONCILIATION
1.1 Cash Receipts Journal Cash Payments Journal (8)
206 200 222 500
4 500 720
2 585 1 260
12 500 885
95 1 840
225 880 227 205
1.2 Calculate the correct Bank Account balance on 28 February 2025. (4)
28 100 + 225 880 – 227 205
Qu 1.1 CRJ Qu 1.1 CPJ
= 26 775operation
1.3 Prepare the Bank Reconciliation Statement as at 28 February 2025. (8)
Debit Credit
11 455
Cr balance as per Bank Statement operation
Cr outstanding deposits Must be separate 8 500
9 720
DR outstanding EFT’s
EFT 996 3 500
EFT 1 001 1 240
Cr amount wrongly debited 1 840
26 775
Dr balance as per Bank Account see 1.2
31 515 31 515
Totals must be equal
20
Copyright Reserved Please Turn Over
NATIONAL
SENIOR CERTIFICATE
GRADE 11
GRADE 10
ACCOUNTING
MARKING MEMORANDUM
MARCH 2025
COMMON TEST
MARKS : 100
MARKING PRINCIPLES:
1. Penalties for foreign items are applied only if the candidate is not losing marks elsewhere in the question for that
item. No double penalty applied.
2. Penalties for placement or poor presentation (e.g. details) are applied only if the candidate is earning marks on the
figures for that item.
3. Full marks for correct answer. If answer incorrect, mark the workings provided.
4. If a pre-adjustment figure is shown as the final figure, award one mark. Not the method mark for the answer. Note:
if figures are stipulated in memo for components of workings, these do not carry the method for final answer.
5. Unless otherwise indicated, the positive or negative effect of any figure must be considered to award the mark. If
no + or – sign or bracket is provided, assume that the figure is positive.
6. Where indicated, part-marks may be awarded to differentiate between differing qualities of answers from
candidates.
7. Where penalties are applied, the marks for that section of the question cannot be a final negative.
8. Where method marks are awarded for operation, the marker must inspect the reasonableness of the answer
before awarding the mark.
9. Operation’ means ‘Check operation’. ‘One part correct’ means ‘Operation & one part correct’. Note: check
operation must be +,-,x,÷, or per candidates operation.
10. In awarding method marks, ensure that candidates do not get full marks for any item that is incorrect, indicate with
a . Note: do not award marks for workings if numerator and denominator are swapped-this also applies to ratios.
11. Be aware of candidates who provide valid alternatives beyond the marking guideline.
12. Codes: f=foreign item; p=placement.
This marking guideline consists of 6 pages.
Copyright Reserved Please Turn Over
, Accounting (Grade 11) 2 March 2025 Common Test
NSC
QUESTION 1 (20 MARKS; 18 MINUTES)
BANK RECONCILIATION
1.1 Cash Receipts Journal Cash Payments Journal (8)
206 200 222 500
4 500 720
2 585 1 260
12 500 885
95 1 840
225 880 227 205
1.2 Calculate the correct Bank Account balance on 28 February 2025. (4)
28 100 + 225 880 – 227 205
Qu 1.1 CRJ Qu 1.1 CPJ
= 26 775operation
1.3 Prepare the Bank Reconciliation Statement as at 28 February 2025. (8)
Debit Credit
11 455
Cr balance as per Bank Statement operation
Cr outstanding deposits Must be separate 8 500
9 720
DR outstanding EFT’s
EFT 996 3 500
EFT 1 001 1 240
Cr amount wrongly debited 1 840
26 775
Dr balance as per Bank Account see 1.2
31 515 31 515
Totals must be equal
20
Copyright Reserved Please Turn Over
