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 5(a)Question part (a)
a. Prepare the following ledger accounts to determine cash flow items required for the Operating Activities section of the Cash Flow Statement for the six months ended 30 June 2023
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b. Prepare the Operating Activities section of the Cash Flow Statement for the six months ended 30 June 2023. 7 marks b. 7 marks Gradz Art Supplies Cash Flow Statement (extract) fo
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c. The accountant tells the owner that ‘the Operating Activities section of the Cash Flow Statement often provides more important information than the Income Statement – although t
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Question 6 (17 marks) Big Sportz sells a range of sporting gear. It reports monthly. On 30 September 2023, the following items each required a balance day adjustment. • On 15 Augus
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Question 6 (19 marks) Done DIY is a regional hardware store. The business has just purchased the building next door to expand and become a larger store. The larger store will requi
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a. Complete the ledger accounts provided at 30 September. Close and balance the appropriate accounts. 13 marks a. 13 marks Working space Prepaid Rent Date 2023 Cross-reference Amou
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a. Complete the table provided to determine the total cost of each option for the first two years. 6 marks a. 6 marks Option 1 Option 2 Year 1 Year 2 Year 1 Year 2 New wiring and e
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b. With reference to an accounting assumption, explain your treatment of one of the balance day adjustments. 4 marks 2023 ACCOUNTING EXAM QB 8 b. 4 marks Balance day adjustment Acc
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b. The following chart shows cumulative costs for both options over the first five years. Explain: • what shaded area A represents • what point B represents. 4 marks 1 2 3 4 5 year
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c. Discuss which option Done DIY should choose after considering the financial and ethical issues involved. 6 marks c. 6 marks Discussion
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d. If Option 2 is chosen, the solar panel system will be depreciated using the reducing balance method at 25% per annum. Show how the solar panel system will appear in the Balance
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Question 7 – continued Question 7 (13 marks) Starters Batteries has operated out of a small building near an industrial estate for several years. It specialises in selling car batt
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