SACE AccountingPractice Examination 8

This paper covers

• Q1 (25): Units-of-use and diminishing-balance depreciation
• Q2 (25): Schedule of collections and cash budget with capital purchase
• Q3 (20): Allowance for doubtful debts adjustment and balance sheet
• Q4 (30): Inventory card (FIFO) with returns and breakeven for a new product
• Q5 (20): Advice on inventory management and environmental or ethical issues

Students are permitted to bring into the examination the materials normally allowed for this subject. Answer all questions in the spaces provided.

This is an ATARMAxxing practice paper. It is not an official examination and is not affiliated with, endorsed by, or produced by the VCAA, NESA or the QCAA.