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ACC100 Principles of Accounting - 2026 Semester 1
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(Week 6) Which items are mandatory in an interim financial report under AASB 134?
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(Week 5) Cash sale $3,300 inc. GST; cost $1,900. Which combined effect on profit is correct?
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(Week 5) A purchase on credit of $770 GST‑inclusive. Under perpetual system, which is correct?
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(Week 6) Which classification is correct for a 10‑month term deposit?
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(Week 3) Select the correct adjusting entry for $1,200 supplies used when Supplies shows $1,500 before adjustment.
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(Week 8) Which design choice best improves processing speed AND control in high‑volume credit sales?
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(Week 5) GST in Australia is generally
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(Week 7) Which combo signals liquidity risk?
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(Week 3) A client prepays $12,000 on 1 May for a six‑month service. At 30 June, what revenue is recognised and what is the balance of unearned revenue?
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(Week 7) Given net sales $900, COS $540, average inventory $180, accounts receivable turnover 10×, which combo is correct?
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