Mistakes I found - VCAA end of year 2010

[Phenotype]

IT'S FINALLY OVER, FELLAS.
However, I think I have a beef about a few questions:

Not enough room for the Budgeted Cash Flow Statement
Not enough room for the Budgeted Profit and Loss Statement
LAST QUESTION - MULTIPLE ANSWERS COULD'VE BEEN RIGHT.

Reply if you felt the same.

[Dineshwar]

yer i found it the same, the exam was too long i finished it though, my friends didn't. and i didn't know the cost price for the last question and not enough rooms in the statements...wat a joke but its over...probable no more accounting...WOOOOOOOOO!!!!!

[Phenotype]

I didn't do cost price for the last one :\
I did:
Prepaid Sales Revenue debit 400
Debtors Control debit 5100
Debtor - whateveritwas debit 5100
Sales credit 5000
GST Clearing credit 500

[vwinnie8]

YES OMG I FELT EXACTLY THE SAME.

I was doing those reports and i'm like.. screw this.. I have no lines left.. gotta write outside the lines... im so glad you guys found it the same!

[LFTM]

I had enough for profit and loss statement, are you telling me i left stuff out?

[vwinnie8]

I had enough for profit and loss statement, are you telling me i left stuff out?

did you leave out profit on disposal of the non current asset?

[Phenotype]

I had enough for profit and loss statement, are you telling me i left stuff out?

I'm afraid you did.
I had one extra line for my profit and loss statement because of the profit on disposal.

[LFTM]

umm nope i had profit. Must have been something else.hmmm

[sam.utute]

I had enough for profit and loss statement, are you telling me i left stuff out?

I'm afraid you did.
I had one extra line for my profit and loss statement because of the profit on disposal.

1 extra line as well for P/L statement.

[LFTM]

there were no sales returns right? i'm wondering what i left out.

[darcy42]

I put my revenue heading in the same line as the $ signs, so i had enough room. maybe did that?
or possible grouped cash and credit sales?

[LFTM]

I put my revenue heading in the same line as the $ signs, so i had enough room. maybe did that?
or possible grouped cash and credit sales?

yes i grouped them together.thanks

[Robbinyohood]

IT'S FINALLY OVER, FELLAS.
However, I think I have a beef about a few questions:

Not enough room for the Budgeted Cash Flow Statement
Not enough room for the Budgeted Profit and Loss Statement
LAST QUESTION - MULTIPLE ANSWERS COULD'VE BEEN RIGHT.

Reply if you felt the same.

yeah i found the exact same problems

for the last question i did
dr Prepaid sales revenue 400
cr sales revenue 400
dr debtors control 5100
dr debtors subsidiary 5100
cr sales revenue 4600
cr gst clearing 500

anyone do anything like that?   

[mojomojo]

Why do you need to put credit sales into a general journal? Don't you put them at sales journal?

[Robbinyohood]

Why do you need to put credit sales into a general journal? Don't you put them at sales journal?

Yeah but they didn't provide a sales journal and the question was 5 marks, so i didn't know what else to do