Financial Accounting N4 — Document

June 2018 — N4 — Financial Accounting

N4 2018 Nated Business

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🎯 2 marks ⏱️ 3h 📄 2 pages 📝 20 items found 📚 7 topics

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Q1— Section header —

Q2— Section header —

2.3repare the bank reconciliation statement on 31 August 2017. (9\ INFORMATION BANK RECONCILIATION STATEMENT ON 30 JULY 2017

Q3— Section header —

3.1Prepare the income statement of Malema Traders for the year ending 30 June 2017. (35\

3.2Complete only the ASSET section of the balance sheet and do the following notes: (8\

3.2.1Property, equipment and v ehi es (17\

3.2.2Stock (3\

3.2.3Trade and other receivables (8\ INFORMATION 1. Stock on hand on 30 June 2017 Trading stock R30 263

Q4— Section header —

4.1Draw up the cash flow statement of Fusion Express for the year ended 31 August 2017. (18\

4.2Show the following notes/calculation

4.2.1Cash received from customers/clients (2\

4.2Cash paid to suppliers and employees (10\ INCOME STATEMENT OF FUSION EXPRESS FOR THE YEAR ENDED 31 AUGUST 2017 Sales 630 375 Less: Cost of sales 240 000

Q5— Section header —

5.1The purchases account (10\

5.2The departmental trading statement (15\ CHILDREN'S CLOTHES CHILDREN'S TOYS Sales 670 000 870 000 Purchases 330 000

Q6— Section header —

6.1Prepare the membership fees account (10\

6.2Prepare the statement of income and expenditure for the year ending 28 February 2017 (20\ INFORMATION

Topics Identified

Bank ReconciliationDepreciationInventoriesBudgetingFinancial StatementsDebtors ControlCreditors Control

Mark Allocation

Total200 marks

Sections15 + 29 + 71 + 30 + 25 + 30 = 200 marks

Paper information

TitleDocument

SubjectFinancial Accounting

LevelN4

Document typeQuestion paper

Year2018

MonthJune

Pages12

Downloads5

Examination context

Decade2010s

Years ago8y

SeasonWinter (SH)

Start dayFriday

Exam periodJune 2018

Days since exam3,054

About Financial Accounting examination preparation

TVET Financial Accounting tests bookkeeping, financial statements, and interpretation of financial data. The examination covers journals, ledgers, and financial statement preparation.

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.

accurate accounting calculations

interpreting financial information

applying accounting principles

presenting structured answers

checking numerical accuracy

A practical revision approach

Accounting rewards presentation discipline — the memorandum allocates method marks on a per-line basis. Keep working papers neat and label every calculation.

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File size357.8 KB

Pages12

Archived on8 September 2026

File age46d

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