Resource Description

This is a Grade 8 EMS Financial Literacy test. The test is 50 marks. The Answer Booklet and Memo are included. In Question 1, learners had to post from the CRJ and CPJ to the General Ledger. No opening balances were given. Learners are only required to balance the Bank account. Question 2 is an Accounting Equation question with the following columns: Debit, Credit, Asset and Owner’s Equity. Crash Course Education

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