NSSCO Accounting (6143) case studies
NSSCO Accounting (6143) · Put your knowledge to work in context.
NSSCO Accounting (6143) is the Namibia Senior Secondary Certificate Ordinary Level qualification in Accounting, normally taken in the final years of secondary school and used for progression to AS/A Level study, vocational accounting programmes and entry-level bookkeeping roles. It suits candidates who are comfortable with arithmetic, neat presentation of ledger accounts and financial statements, and the logic of double entry; the syllabus assumes no prior bookkeeping beyond junior secondary mathematics. The NSSCO Accounting (6143) case studies are 5 cases and about 2,786 words.
1Owner's Equity, Drawings and a Bank Loan
On 1 March 2025, Kaanu Traders, a sole trader, had equipment 48,000, inventory 22,000 and a bank balance of 15,000. Trade payables were 9,000.
609 words, about 3 min2Bank Reconciliation with a Bank Error and Dishonoured Cheque
Halima runs a wholesale business. On 31 May 2025 her cash book showed a debit balance of 4,860, while the bank statement showed a credit balance of 3,620.
514 words, about 3 min3Suspense Account and Errors That Do Not Affect the Trial Balance
At 31 December 2025 the trial balance of Mwansa Traders showed a suspense account with a credit balance of 1,170. Investigation found: (i) rent paid 750 had been entered in the rent account as 570, although the bank payment was correct; (ii) a payment of 900 to a supplier had been recorded in the cash book but not posted to the supplier's account; (iii) discount received 90 had been entered in the discount received account but not posted to payables; (iv) the sales returns day book had been undercast by 400; (v) equipment costing 1,500 had been entered in the purchases account; and (vi) a credit sale of 500 had been completely omitted from the books.
585 words, about 3 min4Year-End Adjustments and Profit Correction
Mapalo, a sole trader, extracted a draft net profit of 38,500 for the year ended 31 December 2025. The following had not been adjusted: closing inventory was counted at 24,000, but this included damaged goods costing 3,000 that can be sold for only 1,200; rent of 18,000 had been paid for the 18 months to 30 June 2026 and charged in full to the draft income statement; wages of 3,000 for December 2025 were unpaid and unrecorded; a bad debt of 2,500 is to be written off against receivables of 40,000; the provision for doubtful debts is to be 5% of the remaining receivables (the existing provision is 1,500 credit); and equipment costing 80,000 with accumulated depreciation of $32,000 has not been depreciated for 2025.
524 words, about 3 min5Manufacturing Cost, Inventory Valuation and Marginal-Cost Proposal
Chipego Ltd makes a single product. For the year ended 31 March 2025: production was 5,000 units and sales were 4,500 units at 40 each.
554 words, about 3 min