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SACE Accounting
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How to use this for SACE Accounting
Start with the subject’s course-topic checklist. Mark the areas you need to revise, choose what to practise next and print your revision plan before leaving the planner.
When you find a gap, use the SACE SACE Accounting practice exams with worked answers to revise it before your next attempt.
Try a free worked-question preview for SACE Accounting →Sample original practice question
Try a SACE Accounting question
Which transaction increases both assets and liabilities?
- The owner contributes $5 000 cash
- Equipment bought for $3 000 on credit
- A $700 payment to a creditor
- Cash sales of $1 200
Show the worked answer
Answer: B
Buying on credit adds equipment (asset +3 000) and accounts payable (liability +3 000). A raises assets and owner's equity; C lowers assets and liabilities; D raises assets and owner's equity through revenue.
An original practice example, not a prediction of a future exam question.
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What’s included for SACE Accounting
Personal revision planner
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Assessment links
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See what the subject pack includes
The SACE Accounting Mastery Pack includes revision notes, original practice exams, answer guides, practice questions and flashcards. Open the hub for the full contents list and resource previews.
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