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Exam (elaborations)

Cover Grade 8 syllabus

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Name ___________________ Grade: 8__
Marks: 130

Windhoek Afrikaanse
Privaatskool
Accounting

Information Book
Date: 5 June 2025 Time: 1
hour 30 minutes
Examiner: Mari Botha Moderator:
Odé Nederlof

, The information book consists of 7 pages (cover
included).
QUESTION 1 Theory [19 marks]
1.1 Cash paid by eft will be entered to the ...

A credit side of the expenses.
B debit side of the expenses.
C credit side of Bank.
D debit side of Bank.

1.2 The following accounts are found in the nominal accounts section of the general
ledger:

A Bank and all income.
B Capital and all expenses.
C All income and expenses.
D Direct owner’s equity, assets and liabilities accounts

1.3 The following accounts are found in the balance sheet accounts section of the
general ledger:

A Bank and all income
B Capital and all expenses
C All income and expenses
D Direct owner’s equity, assets and liabilities accounts

1.4 If the bank account shows a credit balance of N$400 in the general ledger on 1
May 2025, it means...

A an overdraft bank balance of N$400
B a positive bank balance of N$400
C N$400 was paid out of the bank account, more than is available
D both (a) and (c)

1.5 A business makes a profit if...

A cash is received.
B expences is well controlled.
C all income is more than the expences.
D income is the same as expenses.



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