Scribd
Upload
774 views5 pages

GR 11 Case Study 2025 Term 3 AB Final

This document is an answer book for a Grade 11 Accounting School Based Assessment Task for September 2025, focusing on periodic inventory and cash budget topics. It includes questions on calculating cost of sales, gross profit, reasons for mark-up discrepancies, internal control measures, and cash budget preparation. The total marks for the assessment are 60, divided between the two main questions.

Uploaded by

forex999932
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
774 views5 pages

GR 11 Case Study 2025 Term 3 AB Final

This document is an answer book for a Grade 11 Accounting School Based Assessment Task for September 2025, focusing on periodic inventory and cash budget topics. It includes questions on calculating cost of sales, gross profit, reasons for mark-up discrepancies, internal control measures, and cash budget preparation. The total marks for the assessment are 60, divided between the two main questions.

Uploaded by

forex999932
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 5

ACCOUNTING GRADE 11

SCHOOL BASED ASSESSMENT TASK


SEPTEMBER 2025

CASE STUDY

ANSWER BOOK

Name of
School:
Name of
Learner:

Total Mark Moderated


Question Topic
Marks Obtained Mark
1 Periodic Inventory 25
2 Cash Budget 35

TOTAL 60

The answer book consists of 5 pages.

Grade 11 Case Study - September 2025 Answer Book


2

QUESTION 1: PERIODIC INVENTORY

1.1 Calculate cost of sales

Details and calculations Amount

Opening stock 60 000

10

1.2 Calculate gross profit for the year

Details and calculations Amount

Grade 11 Case Study September 2025 Answer Book


3

1.3 The business applies a 60% mark-up on cost, they only achieved
50%. Provide TWO reasons why Walmer did not achieve the
intended mark-up.

1.4 What could be a reason for different stock figures? Provide TWO
internal control measures.

TOTAL MARKS

25

Grade 11 Case Study September 2025 Answer Book


4

QUESTION 2: CASH BUDGET

2.1
Provide ONE reason for comparing budgeted figures with actual
figures.

2.2
Motheo requested you to identify items that should not be placed
in the cash budget from the information given.
2.2.1

2.2.2 3

2.2.3

Grade 11 Case Study September 2025 Answer Book


5

2.3 CASH BUDGET FOR JULY AND AUGUST 2025

RECEIPTS JULY AUGUST


Cash sales 32 000 38 000

Cash from debtors 34 200

Rent income 19 000

TOTAL RECEIPTS

PAYMENTS

Cash purchases 10 000 13 000

Payments to creditors 20 900

TOTAL PAYMENTS

Cash surplus / deficit

Cash Balance at beginning


30
Cash Balance at end

TOTAL MARKS

35

Grade 11 Case Study September 2025 Answer Book

You might also like