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 8(e)Question part (e)
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Estimated difficulty · Easy
e. Show how the Profit and Loss Summary account would appear in the General Ledger after all closing and transfer entries have been recorded. 3 marks
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Question 1 (8 marks) On 1 January 2022, Furniture Style had five large tables on hand at $1 200 each (plus GST). The business uses the First In, First Out (FIFO) inventory cost ass
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Question 1 (7 marks) Candles Alight commenced operations on 1 March 2022 and will report monthly. The business sells candles. One of its products is the Ruby candle. The business u
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Report-based difficulty · EasyAverage marks: 88% of available · official reportFull marks: 65% of students · official report
a. Using the information provided, complete the Inventory Card. 5 marks a. 5 marks Inventory Card Item: large tables Supplier: Barten Imports Cost Assignment Method: FIFO Date 2022
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a. Record the additional information in the Inventory Card provided. 5 marks a. 5 marks Inventory Card Item: Ruby candle Supplier: WixAway Cost Assignment Method: FIFO Date 2022 Do
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Report-based difficulty · MediumAverage marks: 60% of available · official reportFull marks: 57% of students · official report
b. Calculate the Cost of Sales for the large tables for the first week of January 2022. 1 mark b. 1 mark Working space Cost of Sales for large tables for first week of January 2022
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Estimated difficulty · Medium
b. Justify your treatment of the cost of the delivery on 19 March. 2 marks 3 2022 ACCOUNTING EXAM QB (NHT) TURN OVER b. 2 marks Justification 2022 ACCOUNTING EXAM AB (NHT) 4 d o n
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Report-based difficulty · MediumAverage marks: 50% of available · official reportFull marks: 27% of students · official report
c. Describe the effect that Credit Note 453 will have on the Income Statement for the month ended 31 January 2022. 2 marks Instructions Answer all questions in the answer book prov
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Question 2 (7 marks) BAX reports monthly. The following ledger account shows details of Accounts Payable for June 2022. Accounts Payable Date 2022 Cross-reference Amount Date Cross
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Question 2 (17 marks) Electrix Warehouse reports monthly and uses a 100% mark-up on inventory. All sales and purchases are on credit. On 1 January 2022, the balance in the Inventor
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Report-based difficulty · DifficultAverage marks: 33.3% of available · official reportFull marks: 4% of students · official report
a. Identify the source document that would be used to verify the entries on: • 12 June • 16 June • 22 June. 3 marks a. 3 marks 12 June 16 June 22 June
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Estimated difficulty · Easy
a. State the name of the document that would show evidence of purchase returns. 1 mark a. 1 mark Document
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