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Reporting Accounting Information
Analysis and Interpretation
VCE Accounting Exam November 2008
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30 Balance 30 Bank 31 December Accounts Debit Credit balance sheet Calculate cash cycle cash flow Cash Receipts Journal Cash sales Conservatism control account Cost of sales cost price Credit Debit Credit Credit Note credit sales creditors and stock Creditors control current assets current liabilities Date Details Debit Credit Debit Debtors control ended 30 June Explain FIFO following information Gibner gross profit ratio increase inflow interest revenue Invoice Jan 1 Balance January Journal Date journal entry Journal General Ledger July 1 Balance June 30 Ledger Subsidiary Ledger loss statement marks VCAA minutes Question motor vehicle Narration outflow Owner's equity Payments to creditors perpetual inventory Peter's Electrical Appliances Prepare profit and loss Qty Unit Cost realisable value Receipts from debtors REQUIRED return on assets sold statement of cash stock card Stock control stock item stock turnover Subsidiary Ledger Date Swan Electrics term deposit Unit Cost Total variance report Wages