Bookkeeping

General ledger and trial balance

Post each entry to the ledger, then the trial balance must have equal debit and credit totals.

CAPS

Grade 10 · Accounting · Bookkeeping

Accounting is a system: document, journal, ledger, then the statement.

  • The papers

    Grade 10 is the accounting equation, journals, the ledger and trial balance, and the financial statements of a sole trader, with VAT at a basic level.

  • The logic

    Assets equal owner’s equity plus liabilities. Every entry needs a source. VAT on sales is output VAT. VAT on qualifying purchases is input VAT. Profit is not the same as cash.

  • The relation

    Debit total = Credit total. A trial balance balances when every debit has a matching credit

  • How a marker reads it

    Do not leave rent in the bank account only. It needs its own debit.

Each paper is 150 marks. A foreign total that does not balance is wrong even if the individual entries look neat. Show the note or the calculation the face of the statement came from.

DrCrassetequity

Worked example

A salon in Mamelodi receives R25000 capital in the bank, then pays rent of R2000 by EFT. Post both entries and draw the trial balance.

Simplified approach

Post each entry to the ledger, then the trial balance must have equal debit and credit totals.

Culture note

A hair salon in Mamelodi, posting the first month into the general ledger.

Formulas

Debit total=Credit total

A trial balance balances when every debit has a matching credit

Step 1 / 6

Capital

Debit Bank R25000. Credit Capital R25000.

Why this step: We only do one job per line so a marker can follow the marks — and so you can find a slip without starting over.

More worked examples

Board walkthroughs on this topic. Open one, copy the working, then try the next.

Example 1 / 20

The Bank account has debits of R85 000 and credits of R62 500. Calculate and state the balance.

How we got there

Read this like a teacher at the board. We go slowly, name every number, and say why we take each step.

Explain in another language · 11

1. What is the question asking?

Read the question twice. Circle the unknown. Underline every number and unit. The paper is asking: The Bank account has debits of R85 000 and credits of R62 500. Calculate and state the balance.

Before any working — hunt first

Given

Numbers and units already in the sentence: R85 · 000 and · R62 · 500. Copy each one into a column. A name without a number is not given.

Missing

After you copy the given, the letter that still has no number is missing. The paper is pointing at: and state the balance. Circle that word — that is the missing variable.

Find

We are required to find: and state the balance. Write that as a symbol on the left, with a question mark, before you touch a formula.

Calculate

What we need to calculate: Balance = bigger side − smaller side. Then substitute the given, one line at a time, to get and state the balance.

In other words — as if you have never seen this before

If you have never seen this before: Balance = bigger side − smaller side. We will name a method in words, write the formula with no numbers, then substitute one line at a time.

2. What do we already know?

Dr R85 000; Cr R62 500.

3. Which method — and why this one?

Balance = bigger side − smaller side.

4. Step-by-step working

  1. 01 / 05

    Subtract

    85 000−62 500=R22 500.

    Why this step: We only do one job per line so a marker can follow the marks — and so you can find a slip without starting over.

  2. 02 / 05

    Identify the given

    The debit side is bigger, so the balance is a favourable R22 500 (debit).

    Why this step: We only do one job per line so a marker can follow the marks — and so you can find a slip without starting over.

  3. 03 / 05

    Step G — Sense-check the size

    Ask: is this the kind of number a Grade 10–12 paper would want? A speed of 3 000 ms for a learner walking, or a probability bigger than 1, means a unit or algebra slip. Estimate first: round the numbers and do the sum in your head.

    Why this step: Markers write ‘unrealistic’ in the margin when the method is right but the size is wild. A 10-second head check often finds a missing 10² or a unit that never changed.

  4. 04 / 05

    Step F — Box the answer with its unit

    Debit balance R22 500.

    Why this step: A number without a unit is half a mark on a Physics paper, and a marker can miss a Maths answer that is buried in working.

  5. 05 / 05

    Step H — What the marker is looking for

    On an NSC memo you usually earn: (1) a method mark for naming the right formula or idea in words, (2) an accuracy mark for substituting the given numbers with units, (3) an accuracy mark for the boxed answer with its unit. Write those three lines even if you are unsure of the arithmetic — blank pages score zero.

    Why this step: First-timers chase the final number and leave the method blank. The memo still pays out for the idea and the substitution even when the last line is wrong.

5. The answer

Debit balance R22 500.

Copy onto your answer sheet — in this order

Answer: Debit balance R22 500.

6. Check it like a marker

A credit balance would mean an overdraft.

7. A trap first-timers fall into

First-timers often grab the first formula they remember, mix units (cm with m, minutes with seconds), or drop a minus sign. Write the formula in words first: “this equals that, because…”

Ntsako · fx-991ZA PLUS. Tap to calculate.