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 7(b)Question part (b)
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b. Record the adjustments in the ledgers provided. Complete the accounts. 4 marks b. 4 marks Wages Expense Date 2024 Cross-reference Amount Date 2024 Cross-reference Amount 22/4 Ba
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Report-based difficulty · MediumAverage marks: 55% of available · official reportFull marks: 24% of students · official report
b. Explain what the $20000 at year 10 on the graph represents. 2 marks ¢c. Calculate the depreciation per year if the straight-line method is used. 1 mark b. 2marks Explanation
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Report-based difficulty · EasyAverage marks: 90% of available · official reportFull marks: 86% of students · official report
c. 1 mark Working space Depreciation per year using the straight-line method $ o ° =) S H FE he
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Report-based difficulty · MediumAverage marks: 66.7% of available · official reportFull marks: 41% of students · official report
d. Show how the equipment will be reported in the Balance Sheet at the end of year 4 if the reducing-balance method is used. 3 marks Id I & 2 £ 8 H ° = o [=] d. 3 marks Screenz2U B
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Question 8 (16 marks) PetzSup Direct sells a wide range of pet supplies. Customers order online and pet supplies are delivered to them. On 31 July 2024 PetzSup Direct sold a delive
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Question 8 (13 marks) On 30 April 2024, VMT Motors traded-in some of its oldest computers for $15 000. These computers had a cost price of $85 000 (plus GST) and a carrying value o
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a. Prepare the General Journal entries required to record these events. Narrations are not required. 6 marks a. 6 marks VMT Motors General Journal Date 2024 Details Debit $ Credit
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Report-based difficulty · MediumAverage marks: 55.5% of available · official reportFull marks: 6% of students · official report
a. Prepare the General Journal entries required to record the disposal of the old van and the purchase of the new van and insurance. Narrations are not required. 11 marks a. 11 mar
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)Question 8(b)Question part (b)
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Estimated difficulty · Medium
b. The business uses the reducing balance method of depreciation for computers. Justify the use of this method. 2 marks b. 2 marks Justification Answer Book End of Answer Book
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c. Explain why a profit on disposal of a non-current asset may occur. 2 marks c. 2 marks Explanation
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d. On 15 May, the owner requested that the accountant change to the straight-line method of depreciation for all the computers. With reference to one qualitative characteristic, ex
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Question 1 (13 marks) NX Bikes sells a range of mountain bikes. It reports monthly and uses Identified Cost as its inventory cost assignment method. The Extremez Bike sells for $42
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