WebGRADE 10 NOVEMBER 2024 ACCOUNTING P1 MARKS: 150 TIME: 2 hours This question paper consists of 11 pages and a 10 page answer book. ... Accounting concepts, Analysis of transactions Financial accounting • Accounting concepts • Accounting equation QUESTION 2: 35 marks; 30 minutes WebJun 17, 2024 · Ratio It is an arithmetical expression of relationship between two related or interdependent items. 2. Accounting Ratios It is a mathematical expression that shows the relationship between various items or groups of items shown in financial statements.

Study & Master Accounting Grade 10 Study Guide CAPS - Issuu

WebMay 10, 2024 · The current ratio compares current assets to current liabilities. The intent behind using it is to see if there are sufficient current assets on hand to pay for current liabilities, if the current assets were to be liquidated. Its main flaw is that it includes inventory as a current asset. small double mint shopping bag

Exercise on Accounting Ratios – ProfessorPK.Com

Web10th Grade Accounting. Displaying top 8 worksheets found for - 10th Grade Accounting. Some of the worksheets for this concept are Accounting, Accounting, Accounting self … WebExercise on Accounting Ratios. Current Ratio = Current Assets / Current Liabilities. Acid Test Ratio = Quick Ratio = Quick Assets / Current Liabilities. Debtors Turnover Ratio = No of Days of Sales held as Receivable. Creditors Turnover Ratio = No of days of Purchase held as Creditors. Stock Turnover Ratio = No of times you have turned the stock. WebGRADE 10 DEBTORS CONTROL CREDITORS CONTROL TRADING STOCK SALARIES ANALYSIS OF TRANSACTION QUESTION PAPER. Question 3 Control Accounts [Marks: 54; Time: 34] The information was extracted from the accounting records of Big Dan Traders. 3 Debtors’ Control Account [19] Information. Debtors’ Control Account. Jan 01 … song background images