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 4
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Question 4 (21 marks) Dizzies Metalworks reports and budgets on a monthly basis. Sales are made on credit with terms of 3/15, n/30, and inventory purchases are made on a cash basis
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Question 4 (20 marks) Tod's Tiles reports on a monthly basis. The business has been preparing budgets for April 2025. The Budgeted Balance Sheet and Budgeted Income Statement have
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Report-based difficulty · MediumAverage marks: 50% of available · official reportFull marks: 21% of students · official report
a. Calculate the GST expected to be paid in November 2025. 3 marks a. 3 marks Working space GST expected to be paid in November 2025 $
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a. Prepare the following ledger accounts to determine relevant items for the Budgeted Cash Flow Statement for April. + Accounts Payable + GST Clearing a. 9 marks Tod's Tiles Genera
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Report-based difficulty · MediumAverage marks: 48.6% of available · official reportFull marks: 19% of students · official report
b. Prepare the following General Ledger accounts to determine the cash to be received from Accounts Receivable in November: • Allowance for Doubtful Debts • Accounts Receivable 7 m
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b. Prepare the Operating Activities section of the Budgeted Cash Flow Statement for April. b. 7 marks Tod's Tiles Budgeted Cash Flow Statement (extract) for the month ending 30 Apr
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Report-based difficulty · MediumAverage marks: 55% of available · official reportFull marks: 24% of students · official report
c. Prepare the Operating Activities section of the Budgeted Cash Flow Statement for November. 6 marks c. 6 marks Dizzies Metalworks Budgeted Cash Flow Statement for the month endin
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Estimated difficulty · Easy
c. Explain two reasons why the balance in the Bank account of Tod's Tiles would decrease over the month despite the business budgeting for a profit. 9 marks 7 marks 4 marks c. 4 ma
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Report-based difficulty · MediumAverage marks: 40% of available · official reportFull marks: 17% of students · official report
d. Explain why the Budgeted Net Cash Flow from Operating Activities may be higher than the Budgeted Net Profit for the same period. 3 marks d. 3 marks Explanation
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Report-based difficulty · EasyAverage marks: 75% of available · official reportFull marks: 60% of students · official report
e. The business has recently changed from budgeting on a quarterly basis to budgeting on a monthly basis. Explain one potential advantage of this change. 2 marks e. 2 marks Explana
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Question 5 (10 marks) Gazza’s Gas is the only service station open 24 hours a day, seven days a week in a large regional town. The business operates 365 days a year. It sells fuel
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Question 5 (16 marks) MusicMaxx purchased a new vehicle for $47 200 (plus GST), including annual roadside assistance of $200 (plus GST) (EFT 5653), on the last day of April. The ol
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2025 VCE (NHT) Accounting examination (PDF, 3.24 MB)How to use ClassConnect past exam questions
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