Georgecox

Get all 9 comprehensive Grade 12 IEB Accounting notes in one convenient bundle — covering every key topic you need to succeed in your exams and SBA tasks. VAT, Reconciliations, Manufacturing Accounts, Inventory Systems & Stock Valuation, Debtors Age Analysis, Companies, Cash Flow Statements, Budgets, Asset Disposal & Disposal Accounts

These concise and well-organized notes cover the important topic of Asset Disposal in Grade 12 IEB Accounting. This topic tests your ability to correctly account for the sale, scrapping, or trade-in of fixed assets and the related financial implications. Included in the notes: Explanation of asset disposal methods: sale, scrapping, and trade-in How to calculate profit or loss on disposal Steps to prepare disposal journals and ledger entries Treatment of accumulated depreciation du...

hese concise and well-structured notes cover Budgets — a key Grade 12 IEB Accounting topic that tests your understanding of financial planning and control. The notes explain budgeting principles clearly and guide you through practical preparation of various budgets in line with the IEB syllabus. Included in the notes: Definition and purpose of budgets Types of budgets: Sales, Production, Purchases, Cash, and more Steps to prepare each budget with examples How budgets link tog...

These high-quality notes cover Cash Flow Statements and their interpretation — a critical section of the Grade 12 IEB Accounting curriculum that requires both calculation and analytical skills. These notes simplify the topic by breaking down complex concepts into manageable parts, ideal for test and exam preparation. Included in the notes: Purpose and structure of the Cash Flow Statement Step-by-step guide to completing each section: Operating activities Investing activities ...

These thorough and easy-to-follow notes cover the Companies section of the Grade 12 IEB Accounting syllabus — one of the most heavily weighted topics in both the prelim and final exams. These notes provide a perfect balance of theory, calculations, and financial interpretation. Included in the notes: Key company concepts (limited liability, authorised vs issued shares, etc.) Components of the Income Statement and how to prepare it Notes to the financial statements (e.g., taxatio...

These clear, exam-focused notes cover Debtors Age Analysis, a crucial Grade 12 IEB Accounting topic tested in both theory and application. The notes explain how businesses track and manage debt collection, and how to analyse debtor payment behaviour using real-world principles — all aligned with the IEB curriculum. Included in the notes: Purpose and importance of a Debtors Age Analysis Layout and interpretation of the Age Analysis table How to assess credit policies, customer pa...

These high-quality notes cover Inventory Systems and Stock Valuation, a key topic in Grade 12 IEB Accounting that appears frequently in exams. The content is broken down in a clear and structured way to help learners understand both theory and application of inventory management and valuation methods. Included in the notes: Difference between Periodic and Perpetual inventory systems Advantages and disadvantages of each system Stock control accounts (Trading Stock, Cost of Sales, P...

These comprehensive Grade 12 IEB Accounting notes cover everything you need to understand Manufacturing — one of the more challenging but highly examinable topics. Designed specifically for the IEB curriculum, these notes break down the entire manufacturing process with simple explanations and worked examples. Included in the notes: Key terms: direct/raw materials, indirect materials, factory overheads, etc. Structure of the Manufacturing Account Cost calculations: Direct/Raw...

These are detailed and easy-to-understand notes on Reconciliations, tailored for Grade 12 IEB Accounting learners. They cover everything you need to know for mastering one of the most tested topics in Accounting. The notes include: Bank Reconciliation concepts and steps Common reasons for discrepancies between the CRJ/CPJ and the bank statement Unpresented cheques, outstanding deposits, and errors How to adjust the Cash Journals and Bank Account Creditor Reconciliation statemen...

These are concise and comprehensive notes on VAT (Value-Added Tax), made specifically for Grade 12 IEB Accounting students. They are perfect for exam preparation and understanding key concepts assessed in tests and finals. The notes include: Definition and purpose of VAT VAT registered vendors Input VAT vs Output VAT VAT calculations (inclusive and exclusive amounts) VAT control accounts and how to balance them Common exam questions and how to approach them Worked example...