This is an Accounting Grade 12 Paper 2 provincial standardised assessment from KwaZulu-Natal, dated June 2026, worth 150 marks and to be completed in 2 hours. Question 1, worth 15 marks over 10 minutes, uses Slindo Traders to test calculating the correct bank account balance, preparing a Bank Reconciliation Statement, and identifying internal control measures to prevent a discrepancy between a recorded deposit and the bank statement.
The following document, Accounting Grade 12 Paper 2 Term 2 Provincial Assessment.pdf, is the full document.
Term 2 Content Brief
Accounting Grade 12 Paper 2 Term 2 Provincial Assessment PDF GYK-056
Key terms covered include the bank account balance, the Bank Reconciliation Statement, and internal control measures.
The paper consists of 12 pages including a formula sheet, plus a 10 page answer book. Question 1 covers bank reconciliation. Later questions cover stock valuation and problem solving, and debtors’ and creditors’ reconciliation.
By the end of this paper, learners should be able to calculate the correct bank account balance, prepare a Bank Reconciliation Statement, and recommend internal control measures to prevent cash discrepancies.