Business
eRMIT
UNIVERSITY
EXAM COVER SHEET
NOTE: This exam paper may be
RETAINED by the student
EXAM DETAILS
Course Code:
Course Description:
ACCT1048
Corporate Accounting
19/06/2012
Start time of exam: Date of exam:
09:15
Duration of exam: 2hr 15min
Total number of pages (incl. this cover sheet)
5
ALLOWABLE MATERIALS AND INSTRUCTIONS TO CANDIDATES
1.
Write your fUll name and student number on each exam booklet together with the number of exam books used.
2.
Students must not write, mark in any way any exam materials, read any other text other than the exam paper or do any calculations during reading time.
All mobile phones must be switched off and placed under your desk. You are in breach of exam
3.
conditions if it is on your person (ie. pocket).
4. 5. This is a CLOSED BOOK Exam. Commence each question on a new page. Carry out the instructions on the front cover of the exam script book and the front of this exam paper. 6. 7. Non text storing calculators are allowed. Bi-lingual dictionaries are not allowed.
8.
9.
This examination contains four (4) questions. Attempt ALL questions and ALL parts of questions.
Show all calculations/workings in deriving your answers.
10. This examination paper adds to 60 marks and comprises 60% of the total marks allocated in this course. To obtain a pass in this course, you must achieve at least 50% overall in course assessment. ACCT 1048 Corporate Accounting (Melboume) Final Examination - Semester t, 2012
Page 1 of 5
QUESTION ONE
PARTA
REQUIRED: Describe and explain how the lollowing item should be accounted lor, and disclosed in the
Statement ol Comprehensive Income, Statement ol Changes in Equity, Statement ol Financial Position, and/or Notes to the linancial statements ol Horan L1d, lor the linancial year ended 30
June 2011. Horan L1d is a reporting entity.
Assume that Prolit after Income Tax ol Horan L1d lor the linancial year ended 30 June
UNIVERSITY
EXAM COVER SHEET
NOTE: This exam paper may be
RETAINED by the student
EXAM DETAILS
Course Code:
Course Description:
ACCT1048
Corporate Accounting
19/06/2012
Start time of exam: Date of exam:
09:15
Duration of exam: 2hr 15min
Total number of pages (incl. this cover sheet)
5
ALLOWABLE MATERIALS AND INSTRUCTIONS TO CANDIDATES
1.
Write your fUll name and student number on each exam booklet together with the number of exam books used.
2.
Students must not write, mark in any way any exam materials, read any other text other than the exam paper or do any calculations during reading time.
All mobile phones must be switched off and placed under your desk. You are in breach of exam
3.
conditions if it is on your person (ie. pocket).
4. 5. This is a CLOSED BOOK Exam. Commence each question on a new page. Carry out the instructions on the front cover of the exam script book and the front of this exam paper. 6. 7. Non text storing calculators are allowed. Bi-lingual dictionaries are not allowed.
8.
9.
This examination contains four (4) questions. Attempt ALL questions and ALL parts of questions.
Show all calculations/workings in deriving your answers.
10. This examination paper adds to 60 marks and comprises 60% of the total marks allocated in this course. To obtain a pass in this course, you must achieve at least 50% overall in course assessment. ACCT 1048 Corporate Accounting (Melboume) Final Examination - Semester t, 2012
Page 1 of 5
QUESTION ONE
PARTA
REQUIRED: Describe and explain how the lollowing item should be accounted lor, and disclosed in the
Statement ol Comprehensive Income, Statement ol Changes in Equity, Statement ol Financial Position, and/or Notes to the linancial statements ol Horan L1d, lor the linancial year ended 30
June 2011. Horan L1d is a reporting entity.
Assume that Prolit after Income Tax ol Horan L1d lor the linancial year ended 30 June