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 6(b)Question part (b)
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Estimated difficulty · Easy
b. Prepare the General Journal entry needed to close the revenue account(s) at 31 March 2025. A narration is not required. 2 marks b. 2 marks AutoStuffau General Journal Date Detai
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c. Prepare the Income Statement, up to and including Adjusted Gross Profit, for the quarter. 4 marks Question Book c. 4 marks AutoStuff4u Income Statement (extract) for the quarter
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Report-based difficulty · MediumAverage marks: 56.7% of available · official reportFull marks: 36% of students · official report
c. Explain how Sales meets the definition of one accounting element. 3 marks c. 3 marks Accounting element Explanation
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Estimated difficulty · Medium
Question 7 (8 marks) 249Hardware’s sales and profit results for 2024 are shown below. Income Statement summary 2024 by quarter Jan-Mar Apr-Jun Jul-Sep Oct-Dec $ $ $ $ Sales 397500
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Question 7 (19 marks) 454High reports on a monthly basis. The Trial Balance at 31 October 2025 is shown below. Adjusting entries have not yet been made. Trial Balance at 31 October
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Report-based difficulty · MediumAverage marks: 52.5% of available · official reportFull marks: 6% of students · official report
a. Record the necessary adjustments in the General Journal. Narrations are not required. 12 marks a. 12 marks 454High General Journal Date 2025 Details Debit $ Credit Answer Book
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a. Distinguish between Gross Profit Margin and Net Profit Margin. 4 marks a. 4 marks Distinction
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b. Using the information provided, explain why Net Profit increased in the three quarters (April to December) despite Sales decreasing. 4 marks
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Report-based difficulty · MediumAverage marks: 50% of available · official reportFull marks: 25% of students · official report
b. Prepare the Current Liabilities section of the Balance Sheet as at 31 October. 4 marks b. 4 marks 454High Balance Sheet (extract) as at 31 October 2025 $ $ Current Liabilities
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Report-based difficulty · MediumAverage marks: 46.7% of available · official reportFull marks: 30% of students · official report
c. Explain your treatment of the $800 deposit received on 31 October. 3 marks c. 3 marks Explanation
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Question 8 (10 marks) AB Gym Equipment sells a range of fitness equipment and reports annually on 30 June. The business offers free delivery of its larger items and owns two delive
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Report-based difficulty · DifficultAverage marks: 30% of available · official reportFull marks: 26% of students · official report
a. Calculate the depreciation of the traded-in van to 31 December 2024. 1 mark a. 1 mark Working space Depreciation of traded-in van to 31 December 2024 $
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2025 VCE Accounting examination (PDF, 409 KB) · Report: 2025 VCE Accounting external assessment report (DOCX, 126.73 KB)How to use ClassConnect past exam questions
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