VCE Accounting Past Exam Questions
Browse VCE Accounting exam questions from 2015–2026, including NHT and VCE papers. Filter by topic, year and paper; open the original source.
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Question 1(e)Question part (e)
e. Calculate the Bad Debts expense to be reported for April. 2 marks e. 2 marks Working space Bad Debts expense for April $
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f. Complete the Allowance for Doubtful Debts ledger account at 30 April. 4 marks f. 4 marks Allowance for Doubtful Debts Date 2024 Cross-reference Amount Date 2024 Cross-reference
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Question 2 (16 marks) Me4Camping sells outdoor recreational equipment under its own Me brand. The business reports annually on 30 June. On 1 July 2022, the owner changed to a new s
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Question 2 (14 marks) Cynus is a small, specialty business selling high-quality gardening equipment mainly to garden centres and professional gardeners. All sales are on credit wit
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a. Discuss, including financial and ethical considerations, the impact of the owner changing supplier. 6 marks The following information is also provided. On 6 June 2024, Me4Campin
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a. Discuss, with reference to ethical and financial considerations, how Cynus should try to improve its Accounts Receivable Turnover. 6 marks The following information is also prov
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b. Prepare the General Journal entries required to record these transactions. Narrations are not required. 4 marks b. 4 marks Me4Camping General Journal Date Details Debit Credit 2
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b. Complete the table to determine the budgeted cash collected from Accounts Receivable for April. 4 marks b. 4 marks Working space Answer Book Budgeted cash collected from Account
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c. Using the information above, show the item(s) that would appear in the following financial statements for April: • Budgeted Cash Flow Statement • Budgeted Income Statement • Bud
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c. Explain why the delivery costs were recorded as a period cost and not as a product cost. 3 marks c. 3 marks, Explanation o ° =) S H FE he
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d. Explain the effect on Net Profit for the year ended 30 June 2024 of treating the delivery as a period cost and not as a product cost. 3 marks Question Book d. 3 marks Explanatio
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Question 3 (12 marks) Cowpers Carpets reports every three months. All sales and purchases are made on credit. The business is preparing its Cash Flow Statement for the three months
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