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Grade 12 Accounting | Fun Learning Quest for Kids

Navigate through the stars and solve galactic mystery puzzles in your personal space station!

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12k+ Young Explorers
grade-12-accounting-caps-exam

✨ Magical Challenges ✨

Can you solve these mystery puzzles?

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Q1

You are analyzing a JSE-listed company’s financial statements. The company reports a net profit after tax of R5 million, but its cash flow from operations is only R2 million. Which of the following is the most likely reason for this difference?

Q2

When preparing a company’s Statement of Financial Position, you must classify share capital correctly. Which of the following best describes 'issued share capital'?

Q3

You are calculating the current ratio for a retail business. Its current assets are R800,000 and current liabilities are R500,000. If the business uses R100,000 of its cash to pay off a short-term loan, what will happen to the current ratio?

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