ASSIGNMENT 4 2025
UNIQUE NO.
DUE DATE: 2025
,Teaching Economic and Management Sciences in the Senior Phase
Question 1: Design a Class Test and Memorandum
Subject: EMS – Grade 9
Topic: Financial Literacy – Cash Receipts Journal (CRJ) of a Sole Trader
Total Marks: 40
Duration: 45 minutes
Grade 9 Class Test
Name: ______________________
Surname: ___________________
Date: _______________________
Time Allocation: 45 Minutes
Instructions:
Answer all the questions.
Show all workings clearly.
Write neatly and legibly.
Marks are indicated next to each question.
Question 1: Multiple Choice Questions (Bloom: Remembering/Understanding)
Choose the correct answer and write only the letter (A–D) next to the question number.
(5 × 1 = 5 marks)
1.1 The source document for cash sales is:
A. Receipt
B. Cash invoice
C. Duplicate receipt
D. Cash register roll
, 1.2 The CRJ is used to record:
A. All payments made
B. All receipts of cash
C. All credit purchases
D. All returns
1.3 Which account is credited in the CRJ?
A. Bank
B. Capital
C. Debtors
D. Sales
1.4 What does the abbreviation ‘CRR’ stand for?
A. Credit Return Roll
B. Cash Return Receipt
C. Cash Register Roll
D. Cash Revenue Receipt
1.5 The bank column in the CRJ is always:
A. Debited
B. Credited
C. Balanced
D. Ignored
Question 2: Short Answer Questions (Bloom: Applying/Analysing)
Answer the following questions:
(10 marks)
2.1 Define the Cash Receipts Journal. (2)
2.2 List any three source documents used in the CRJ. (3)