Directorate: Curriculum FET
ACCOUNTING
PREPARATION FOR GRADE 10
,Dear Accounting Learner
Congratulations on choosing Accounting as one of your Grade 10 subjects.
Your subject choice will no doubt open doors for you. With this subject you will be equipped with
valuable skills which include:
orderliness
thoroughness
meticulousness
accuracy
financial literacy
ethical behaviour
sound judgement
organisation
critical, logical and analytical abilities
neatness
You will learn skills that will prepare you for life, skills that you will be able to apply in any career
and very importantly in your own personal life.
This is an exciting, interesting and dynamic subject. Decide today, right now to enjoy this subject
and even better, to love it!
You will need to work regularly, every day; at this subject and I can assure you that if you are
prepared to work diligently you will enjoy success.
Enjoy this course that has been specially designed for you to prepare you for Grade 10 next year.
Have fun.
“PASSION + VISION + ACTION is the equation for success” by Marilyn King, US Olympic
Pentathlete.
Be passionate about Accounting, have a vision of what you would like to achieve with it and act
upon your passion and vision by working hard at the subject and you will succeed.
Dr GR Schreuder
Senior Curriculum Planner: Accounting
2
Accounting: Preparation for Grade 10
, MODULE 1: CONCEPTS AND ACCOUNTING CYCLE
In Accounting you will come across terminology relating to a business. It is very important that you
understand these basic concepts.
In your workbook there are two activities that will assess your understanding of basic accounting
concepts and terminology.
Complete Activities 1.1 and 1.2 in your workbook.
The Accounting Cycle
Step 1: Step 2:
Transactions Source documents
Step 6:
Financial Statements Step 3:
Journals
Step 5:
Trial Balance
Step 4:
Ledgers
3
Accounting: Preparation for Grade 10
ACCOUNTING
PREPARATION FOR GRADE 10
,Dear Accounting Learner
Congratulations on choosing Accounting as one of your Grade 10 subjects.
Your subject choice will no doubt open doors for you. With this subject you will be equipped with
valuable skills which include:
orderliness
thoroughness
meticulousness
accuracy
financial literacy
ethical behaviour
sound judgement
organisation
critical, logical and analytical abilities
neatness
You will learn skills that will prepare you for life, skills that you will be able to apply in any career
and very importantly in your own personal life.
This is an exciting, interesting and dynamic subject. Decide today, right now to enjoy this subject
and even better, to love it!
You will need to work regularly, every day; at this subject and I can assure you that if you are
prepared to work diligently you will enjoy success.
Enjoy this course that has been specially designed for you to prepare you for Grade 10 next year.
Have fun.
“PASSION + VISION + ACTION is the equation for success” by Marilyn King, US Olympic
Pentathlete.
Be passionate about Accounting, have a vision of what you would like to achieve with it and act
upon your passion and vision by working hard at the subject and you will succeed.
Dr GR Schreuder
Senior Curriculum Planner: Accounting
2
Accounting: Preparation for Grade 10
, MODULE 1: CONCEPTS AND ACCOUNTING CYCLE
In Accounting you will come across terminology relating to a business. It is very important that you
understand these basic concepts.
In your workbook there are two activities that will assess your understanding of basic accounting
concepts and terminology.
Complete Activities 1.1 and 1.2 in your workbook.
The Accounting Cycle
Step 1: Step 2:
Transactions Source documents
Step 6:
Financial Statements Step 3:
Journals
Step 5:
Trial Balance
Step 4:
Ledgers
3
Accounting: Preparation for Grade 10
