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 8(b)Question part (b)
b. Complete the Disposal of Delivery Van account in the General Ledger on 31 December 2024. 4 marks b. 4 marks General Ledger Disposal of Delivery Van Date 2024 Cross-reference Amo
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c. Calculate the depreciation of delivery vans for the year ended 30 June 2025. 3 marks c. 3 marks Working space Depreciation of delivery vans for the year ended 30 June 2025 $ Ans
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d. Complete the table provided to show the effect of the disposal of the old van and the purchase of the new van on the Cash Flow Statement for the year ended 30 June 2025. 2 marks
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Question 1 (16 marks) VimZound sells audio equipment and reports monthly. All sales and purchases are made on credit with terms of 5/15, n/30. The business uses the First In, First
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Question 1 (7 marks) Blozzo Bazaar sells costumes and accessories both in its retail store and online ata 100% mark-up Below is the Inventory Card for its most expensive item, the
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a. Identify the transaction that resulted in the entry on 5 February. 1 mark a. 1 mark Transaction
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a. Using the documents provided, complete the Inventory Card for April. 2 marks a. 2 marks Inventory Card Item: Soundbar 507 Supplier: DMC Audio Supplies Cost assignment method: FI
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b. Record the entry on 7 February in the General Journal. Anarration is not required. 3 marks b. 3 marks Blozzo Bazaar General Journal Date Details Debit Credit 2024 $ $ o S Fl 2 E
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b. With reference to one accounting assumption, explain why the three damaged soundbar speakers should be written down on 30 April rather than on the date they are sold, when the a
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c. Blozzo Bazaar uses the First In, First Out (FIFO) inventory cost assignment method forits low-priced costume accessories, such as make up and wigs. Justify why the business woul
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c. On 30 April, VimZound settled their account with DMC Audio Supplies (EFT 3956). There was no outstanding balance from March 2024. Prepare the General Journal entry to record the
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d. Prepare the General Journal entry to record the bad debt written off on 20 April. A narration is not required. 2 marks d. 2 marks VimZound General Journal Date 2024 Details Debi
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