Accounting Grade 12 | Income Statement & Balance Sheet| November 2022 Paper 1

Join me as I complete Question 1 of the November 2022 Exam paper 1, focusing on the Income statement (Statement of comprehensive income and the balance sheet (statement of comprehensive income) in full depth Don’t forget to subscribe, like, share and drop a comment. 👍🏻👍🏻I’d really appreciate if you would give me some feedback on how these videos are helping.
Thanks for watching☺️
#accounting #education #commerce #exams #practice #teaching #teachingexams

[@DavidTlhole]

Class of 2024 was here !!😂❤

[@acingaccounting]

🤩😁😁😆😆

[@BonisiweMgobhozi]

thank youu so much.......just 19 days to finals ...really helped me.Plz do more videos

[@sbonelomashabane7677]

this video was really helpful, please do more video's, Question 1 P1, especially the one written in 2023.🙏

[@acingaccounting]

Noted🤟🏻👍🏾

[@primrosealicemakaipa7159]

Thank you so much!!!!!!!Just in time!!🎉🎉🎉🎉 I'm writing later today 😆

[@acingaccounting]

All the best✌🏽✌🏽

[@didintlek5695]

I'm writing tmrw, what was in your paper?😭

[@fesihlali5046]

@@didintlek5695same😭

[@Siame.m]

​@@didintlek5695 Alice should give us the paper 😭

[@krithanyaanaidoo6211]

why dont we put the net salry in current liab

[@acingaccounting]

@@krithanyaanaidoo6211 the expense incurred by the business is the gross salary

[@fesihlali5046]

I’m writing tomorrow, thank you so much 🙏

[@acingaccounting]

Goodluck🫵🏽😉😉🤩🤩Go Ace that exam

[@Ngeledavhana]

About the 33700, why do we add it to debtors control when it was mistakenly posted there, please explain

[@acingaccounting]

It was indeed posted to the debtors control account, but think of the effect it had on our debtors control (it had a negative effect because we erroneously subtracted 33700), now we then need to reverse this effect by adding back the 33700 to our debtors. Hope that helps😉😉

[@krithanyaanaidoo6211]

for the gross ,its gross minus deductions will give you net .So the gross is 15750.Why dont we put it there in salaries

[@nicolenoku6443]

Thank you so much

[@KingClippedSA]

More videos please

[@acingaccounting]

Definitely 👍🏾👍🏾

[@atlegangmitchell7510]

This paper helped me in my june exam I got level 6 by just watching it❤️‍🩹