Applied Accounting NCV Level 3 — Memo

February 2020 — NCV Level 3 — Applied Accounting

NCV Level 3 2020 NCV Business

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Q1— Section header —

1.1.5

1.2.1Standard VAT

1.2.2Zero rated

1.2.3Standard VAT

1.2.4Zero rated

1.2.5

1.3Date: 24/05/201 Coins 450,00 Credit: Donna s Deli Notes 10 800,00

Q2— Section header —

2.1.1Trading account

2.1.2

2.2.1PROFIT AND LOSS Date Details Amount Date Details Amount Telephone

2.3.1Duplicate receipt

2.3.2Journal voucher

2.3.3Duplicate credit/tax invoice

2.3.4

2.4Fraudulent activities can take place Time is wasted looking for documents

2.5.1BIJA FURNITURE 'S TRIAL BALANCE FOR THE PERIOD ENDING 30 NOVEMBER 201 DEBIT CREDIT Balance

Q3— Section header —

3.1.1Input

3.1.2

3.2.1Cash payment journal

3.2.2Debtors control

3.2.3Bank

3.2.4

3.37 000 200 = 3 150 6 800

3.4.1(9\ [20] TOTAL SECTION A: BOX IT SOLUTIONS CREDITORS LEDGER FAIR SQUARE STATEMENT Balance 38 75020

3.4.238 500 38 500

4.1CASH RECEIPTS JOURNAL OF SEASON S ENTERPRISE NOVEMBER 201 CRJ 11 Doc no Day Details

4.2CASH PAYMENTS JOURNAL OF SEASON S ENTERPRISE NOVEMBER 201 CPJ 11 Doc No Day Name of payee

4.3DEBTORS JOURNAL OF SEASON S ENTERPRISE NOVEMBER 201 DJ 11 Doc no. Day Debtor Debtors

4.4DEBTORS ALLOWANCES JOURNAL OF SEASON S ENTERPRISES NOVEMBER 201 DAJ 11 Doc no. Day Debtor Debtors

92.87S Dyantyi 885.50 770.00 115.50 550.00 (7\ 1 mark if dates are not in order 1 mark if documents omitted/wrong

4.5CREDITORS JOURNAL OF SEASON S ENTERPRISE NOVEMBER 201 CJ 11 Doc no. Day Details

59.48396.52 Packing material N16 Makgashule Plastic CC 6 424.00 586.09 837.91 N17 Somizi Products

4.6CREDITORS ALLOWANCES JOURNAL OF SEASON S ENTERPRISE NOVEMBER 201 CAJ 11 Doc no. Day Details

33.65224.35 Stationery Wynn s Products 424.00 368.70

55.30Somizi Products

88.00

4.7GENERAL LEDGER OF SEASON'S ENTERPRISE NOVEMBER 201 GJ 11 Day Details General ledger Debtors' control Creditors' control

Q5— Section header —

5.1Debtors ontrol Date Details Amount Date Details Amount Sep

5.2Trading stock B6 Date Details Amount Date Details Amount Sep Balance

5.3Bank B7 Date Details Amount Date Details Amount Sep Total receipts

Q6— Section header —

6.1INCOME STATEMENT OF ANASTACIA TRADERS FOR THE YEAR ENDED 30 JUNE 201 Sales (13 390 700\ 12 690 Less: Cost of sales (6 810\

6.2BALANCE SHEET OF ANASTACIA TRADERS AS AT 30 JUNE 201 NOTE ASSETS NON CURRENT ASSETS 37 940 Property, plant and equipment 37 940 CURRENT ASSETS

6.3NOTES TO BALANCE SHEET 1. Property, lant and quipment 37 940 Land and buildings 21 540 Vehicles 13 200

Q7— Section header —

7.1Duplicate Receipt

7.2Rent received

7.3+ 9 600

7.5Journal voucher

7.6Debtors Control

7.73 600 3 600

7.9Cheque Counterfoil

7.10CPJ Trading stock

7.11Bank + 14 400 14 400 Credit invoice

7.12Equipment

7.13Creditors Control

7.15+ 7 800 [15] TOTAL SECTION B: GRAND TOTAL:15

Topics Identified

VATFinancial StatementsDebtors ControlCreditors Control

Mark Allocation

Sections20 + 30 + 20 + 60 + 25 + 30 + 15 = 200 marks

Paper information

TitleMemo

SubjectApplied Accounting

LevelNCV Level 3

Document typeNCV Business

Year2020

MonthFebruary

Pages13

Downloads4

Examination context

Decade2020s

Years ago6y

SeasonSummer (SH)

Start daySaturday

Exam periodFebruary 2020

Days since exam2,445

About Applied Accounting examination preparation

This TVET examination resource can be used as part of a structured revision programme. Past papers are most useful when learners attempt questions independently, work within a realistic time limit, and review their answers afterwards.

How to use this resource for revision

A TVET past examination paper is most useful when it is treated as an active revision exercise. Try the questions yourself before checking the corresponding memorandum. Where you make an error, identify the reason — was it a knowledge gap, a calculation mistake, an interpretation issue, or an examination technique problem?

For stronger examination practice, complete the paper without unnecessary interruptions and keep track of the questions that take the most time. Afterwards, review the memorandum and separate knowledge gaps from mistakes caused by interpretation, calculation, structure, or examination technique.

understanding question requirements

applying subject knowledge

working under time constraints

checking answers

identifying revision priorities

A practical revision approach

Start by completing the resource without looking at the memorandum. Review incorrect and incomplete answers afterwards and make a short revision list based on the areas that caused difficulty.

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Pages13

Archived on8 September 2026

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