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.
Matching results: 665 indexed questions and parts.
Question 3
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Estimated difficulty · Medium
Question 3 (16 marks) ElexBikes sells a range of electric bicycles. It reports monthly. After reviewing its sales data for the past six months, the business has identified several
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a. Record Memo 342 in the General Journal. A narration is not required. 3 marks a. 3 marks Working space ElexBikes General Journal Date 2024 Details Debit $ Credit
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Report-based difficulty · MediumAverage marks: 53.3% of available · official reportFull marks: 32% of students · official report
a. Prepare the Capital ledger account to determine the cash contribution made by the owner during the three months. 3 marks a. 3 marks Capital Date Date 2024 Cross-reference Amount
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b. Describe the effects this entry will have on the financial reports. 4 marks After doing some research, ElexBikes is considering two potential new models of bicycle to replace th
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Report-based difficulty · MediumAverage marks: 62% of available · official reportFull marks: 30% of students · official report
b. Prepare the Financing Activities section of the Cash Flow Statement for the three months to 30 September 2024. 5 marks b. 5 marks Cowpers Carpets Cash Flow Statement (extract) f
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c. Calculate the cost price of one Elex 50 (Option 2). 2 marks c. 2 marks Working space Cost price of one Elex 50 $ Answer Book
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Report-based difficulty · MediumAverage marks: 40% of available · official reportFull marks: 17% of students · official report
c. The Net Cash Flow from Operating Activities for the three months to 30 September 2024 was $82 000. Explain, giving two possible reasons, why this amount was higher than the Net
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d. Using the information provided, distinguish between a product cost and a period cost, and provide an example of each. 3 marks d. 3 marks Distinction Product cost example Period
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e. Recommend and justify which option ElexBikes should choose. 4 marks e. 4 marks Recommendation Justification N H T
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Question 4 (10 marks) The accountant for FZ Pool Supplies is preparing the Budgeted Income Statement for the year ending 30 June 2025. The business reports annually. The owner prov
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Question 4 (9 marks) DyBolts reports annually and is completing the Cash Flow Statement for the year ended 31 December 2023. The following information is provided. Balance Sheet (e
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Report-based difficulty · MediumAverage marks: 65.7% of available · official reportFull marks: 15% of students · official report
a. Prepare the Budgeted Income Statement for the year ending 30 June 2025. a. 7 marks FZ Pool Supplies Budgeted Income Statement for the year ending 30 June 2025 $ $ o ° =) S H FE
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2024 VCE Accounting examination (PDF, 3.41 MB) · Report: 2024 VCE Accounting external assessment report (DOCX, 125.27 KB)How to use ClassConnect past exam questions
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