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My answers for the test

The document is a Grade 10 Accounting General Journal Test with a duration of 60 minutes and a total of 48 marks. It includes instructions for recording transactions without narrations or abbreviations and requires that total debits equal total credits. The test consists of various transactions that occurred in March 2025 for Pillar Traders, which need to be recorded in the General Journal.

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19 views

My answers for the test

The document is a Grade 10 Accounting General Journal Test with a duration of 60 minutes and a total of 48 marks. It includes instructions for recording transactions without narrations or abbreviations and requires that total debits equal total credits. The test consists of various transactions that occurred in March 2025 for Pillar Traders, which need to be recorded in the General Journal.

Uploaded by

funkybore
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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GRADE 10 ACCOUNTING: GENERAL

JOURNAL TEST
Time: 60 minutes
Marks: 48 marks

INSTRUCTIONS:

 Record all transactions ONLY in the General Journal.


 Narrations (descriptions) are NOT required.
 No abbreviations allowed.
 Total Debit must equal Total Credit for each entry.
 Also complete the Debtors Control and Creditors Control columns where necessary.

QUESTION 1: General Journal (48 marks)


The following transactions took place during March 2025 in the books of Pillar Traders.
Record them correctly in the General Journal.

1.1
March 1: The owner, K. Pillar, invested R15 000 cash into the business.

1.2
March 3: Bought equipment on credit from Office Suppliers for R8 000.

1.3
March 5: Sold goods for R5 500 cash. (Cost of sales R3 500.)

1.4
March 8: Bought trading inventory from Star Wholesalers for R4 800 cash.

1.5
March 10: Received R2 000 from debtor J. Jonas in settlement of his account.

1.6
March 12: Paid creditors Office Suppliers R3 000 as part payment of the amount owing.
1.7
March 13: Invoiced debtor B. Peterson for R6 000 for goods sold on credit. (Cost of sales R3
600.)

1.8
March 15: Paid R1 200 for advertising in cash.

1.9
March 17: Returned equipment worth R1 500 to Office Suppliers (credit note received).

1.10
March 18: The owner took goods worth R1 000 (cost) for personal use.

GENERAL JOURNAL
Debtors Creditors Control
Date Account Debited Account Credited Debit Credit Control DR CR
DR CR
1 Bank Capital 15000 15000

3 Equipment Creditors Control 8000 8000 8000


Cost of Sales Trading Stock 3500 3500
5
Trading
Bank 4800 4800
8 Inventory

10 Bank J. Jonas 2000 2000 2000

12 Creditors Control Bank 3000 3000 3000

13 Debtors Control Sales 6000 6000 6000


Cost of Sales Trading stock 3600 3600
15 Advertising Bank 1200 1200
17 Debtors Allowance Trading Stock 1500 1500
1500
18 Drawings Trading stock 1000 1000

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