We will appreciate if you canplease complete youreVALUateSpecially, given thatthis is the lastsemester thatACCT1000 is running,please take some timeto complete oureValuate; it will meanthe world to us.Please remember tocomplete your evaluations for
Log in toOasis, clickon “mystudies”
Look for the“eValuate”section, andfind ACCT1000
Complete theunit eValuate(where you willrate yourthoughts on theunit)
Once youcomplete the uniteValuate, onlythen will you beable to completeyour teachingeValuePlease kindly take a fewminutes to complete both theUnit eValuate and the teachingeValuate (for Wahseem andany other tutor that you had)Final Exam – Very Important, please carefully read thebelow: Your Final Exam will be held on Wiley Plus. Please note the following:• Please login to Wiley Plus as you did for your Mid Semester Test and Online Workbook (remember that you login is studentID@curtin.edu.au and password is studentID);• You will be able to access the Exam (labelled ACCT1000 / ACCT1001 Final Exam) from Monday 15th June at 1pm;• You will have until Tuesday 16th June 1pm to complete the exam;• You have only 1 attempt to the exam, and once started, you will have 4 hours to complete it (though it is highly unlikely that you will use the full 4 hours);• So as for you to have enough time to complete the exam by 1pm, please do not start after 9am on Tuesday 16th June;• Please ensure to start the exam as early as possible to cater for any unforeseen technical issue, waiting until the last possible hour will create a lot ofpressure on you and us (should you need assistance);• Please remember to only use Chrome or Firefox when accessing Wiley Plus;• Please remember that Wiley Plus will auto-log you out if you are inactive on the Portal; therefore please ensure to remain active (if you are searching for something in your notes / google,every 30 seconds or so, please remember to click on “save for later”;• Please also remember to save your work as you go. Navigating between question without saving your work will result in any work done for the question to be lost;• Once you are happy with your answer, click on “Submit” (Once you submit, you will not be able to make any change to the question) (Wiley will also auto-submit any work “saved” at the end ofthe exam);• In the event of any technical issues, please IMMEDIATELY email accounting1000@curtin.edu.au (do not contact Wiley directly as they will be unable to assist). Once youemail us, please keep checking your email from instructions from us. Given that there is enough time, we will assist you promptly to enable you to complete the assessment by the due time.Final Exam• Mark out of 100 marks• Scaled to worth 50% of final mark• Mixture of theory, practical, calculation questions• 4 hours duration (no reading time)• Open book exam (you are allowed to use any resourceyou wish; i.e. notes, textbooks, google).• You should have your calculator and necessary stationarywith you to assist you to complete the exam.• Based on work covered in lectures and workshops fromTopics 5 – 10 inclusive.Wiley Plus General Guidelines –Applicable to all questions• All answers to be written in cells provided in Wiley;• Please DO NOT include any workings for any questions(including any workings will result in your answer being marked aswrong [though your answer may be correct]);• Please carefully read the instructions for EACH question(instructions and requirements may differ per question);• When you are required to type in account names, please starttyping and then select from the list provided (similar to what youdid for the online workbook). This will prevent you leaving typos inyour account names (please remember that typos are markedwrong);• When typing in numbers:• you can type in the numbers in these formats (1000 or1,000 or 1 000 or $1,000).• For negative number, you can use both the negative signor a bracket [e.g., -1,000 or (1,000)]Final ExamAll questions stated in the coming slides are your homeworkand / or tutorial questions, solutions to all have been providedon Blackboard.It is strongly recommended that you print out this setPowerPoint slides and refer to them in question order as youattempt each respective question in the exam.FinalExamQuestion 1 – Journal Entries – Module 5 –10 Marks – Auto-Marked by Wiley• Please carefully read the instruction provided in thequestion prior to start answering• Journal Entries Question• Worth 10 marks• Know how to prepare journal entries for service entities• No GST• 8 transactions to journalise• Select account names from drop-down box• Please leave blank any cell not required (Do NOT type“0”).All questions stated are your homework and/or tutorial questions. Allsolutions have been provided on BlackboardAdditional Questions to try:Module 6 and 7 lecture illustrative questions,Module 7 Homework Question (posted on Blackboard)andModule 6 and 7 Tutorial Questions.FinalQEuxeastmion 2 –T-Ledgers and Trial Balance – Modules 6– 10 Marks – Auto-Marked by Wiley• Please carefully read the instruction provided in the questionprior to start answering• 6 T-Ledgers to complete – Total 8 marks• Input accounts in order of journals provided (which is also date order);• Select account names from drop-down box;• Please remember to include Opening Balance (Bal B/D) and ClosingBalance (Bal C/D) for the following ledgers:• Cash• Account Receivable and• Service Revenue• All other accounts (Office equipment, bank loan and share capital) pleasedo not provide opening / closing balances;• Please remember closing balances (Balance C/D) are on the last day of theperiod (i.e. 31 August) and opening balances (Balance B/D) are on the firstday of the next period (i.e. 1 September);• Please leave blank any cell not required (Do NOT type “0”).• Trial Balance – Total 2 marks• Include accounts in order of ledger order provided;• Select account names from drop-down box;• Please leave blank any cell not required (Do NOT type “0”).All questions stated are your homework and/or tutorial questions. Allsolutions have been provided on BlackboardAdditional Questions to try:Module 6 and 7 lecture illustrative questions,Module 7 Homework Question (posted on Blackboard) andModule 6 and 7 Tutorial Questions.FinalQEuxeastmion 3 – Adjusting Entries – Module 8 –10 Marks – Auto-Marked by Wiley• Journal entry question• 5 transactions to journalise• Type in your desired account / or select fromdrop-down list provided• when you start typing in the account, a suggestionlist will appear;• Please select your desired account from thesuggestion list so as to avoid any typos.• Please leave blank any cell not required (DoNOT type “0”);• Remember to take note of the frequency of theadjusting entries (e.g., monthly, quarterly, halfyearly or annually).All questions stated are your homework and/or tutorial questions. Allsolutions have been provided on BlackboardAdditional Questions to try:Module 8 Lecture illustrative question,Module 8 Tutorial Question 1 (P. Oodle Veterinary Surgeon) and 2 (AustraliaWorks) (distributed in the tutorial), Module 8 Homework Question (posted on Blackboard) – Case Study Michael’s Fishing Supplies and Case Study Secretarial Services. Final Exam Question 4 –Closing Entries – Module 8 – Module 8 – 6 Marks – Auto-Marked by Wiley • Journal entry question • You are given the adjusted balance of each accounts in a random order. • 4 journals (in this specific order): • Close revenue; • Close expenses; • Close P&L Summary; • Close drawings • If there are more than 1 account to close (i.e. expenses), please include account in order provided in the question • Select account names from drop-down box; • Please leave blank any cell not required (Do NOT type “0”). All questions stated are your homework and/or tutorial questions. All solutions have been provided on Blackboard Additional Questions to try: Module 8 Lecture illustrative question, Module 8 Tutorial Question 1 (P. Oodle Veterinary Surgeon) and 2 (Australia Works) (distributed in the tutorial),Module 8 Homework Question (posted on Blackboard) – Case StudyMichael’s Fishing Supplies and Case Study Secretarial Services.FinalExamQuestion 5 – Financial Statements– Module 9 –29 Marks – Manually Marked• Practical question• Preparation of Income Statement and Balance Sheet• All templates, tables, account names, headings etcwill be provided:• You will only need to type in the amounts(numbers)• For Income Statement:• Number for COS/COGS needs to be in negative (include – or(brackets))• However, all other revenues and expenses are positivenumbers• For Balance Sheet:• All numbers should be positive except for AccumulatedDepreciation and/or Drawing and/or Loss (flow from Incomestatement) if applicable.All questions stated are your homework and/or tutorial questions. Allsolutions have been provided on BlackboardAdditional Questions to try:Module 9 Homework Questions (posted on Blackboard)– Case StudyMichael’s Fishing Supplies and Case Study Secretarial Services.Module 9 Tutorial Question 2 (P. Oodle Veterinary Surgeon) and 3(Australia Works) (distributed in the tutorial).FinalExamQuestion 6 – Internal Control – Module 10 –15 Marks – Manually Marked• Practical question• Worth 15 marks• Preparation of Bank reconciliation• Fill in the template provided (note the 2distinct sections: Book vs Bank)• Two column are provided: first column is tofill in the description of the transaction andthe second column is for the amount• You do not need to fill in all blank cells, leavecells blank if not needed.All questions stated are your homework and/or tutorial questions. Allsolutions have been provided on BlackboardAdditional Questions to try:Module 10 Homework Question – Chapter 10 Questions 16 and 24,Module 10 Tutorial Question – Chapter 10 Question 22.Please refer to the lecture illustrative example covered in Module 10 lecture(watch the iLecture)FinalExamQuestions 7 to 16 – Multiple Choice Questions – Module 5to 8 2 Marks each -20 Marks in total – Auto-Marked byWiley• Practical / calculation / theory question• 10 Multiple Choice / fill in the blanks Questions, eachworth 2 marks• 5 of the MCQ (out of the 10) will cover GST (please notethat this is the only place that GST will be covered in thiswhole exam)All questions stated are your homework and/or tutorial questions. Allsolutions have been provided on BlackboardAdditional Questions to try:Financial account pool questions provided on Wiley Plus (Financial accounting Pools 1, 2 and 3. Pleaseremember that:• Attempting these pools of questions are optional (up to you, if you feel you need more practice);• If you chose to try these questions, please use your judgement as not all questions are relevantto this course.THANK YOU& GOODLUCK!Please remember tocomplete your evaluationsfor both the Unit and theTeaching Staff(including yourlecturer )All the best for yourexam !
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