Accounting 9706/32 March 2024 | Cambridge AS Level Past Papers With Mark Scheme

1. Adjustment of capital accounts during partnership acquisition, reflecting financial settlements and equity distribution.

2. Preparation of the statement of financial position, incorporating adjustments for revaluation, depreciation, and retained earnings.

3. Evaluation of financing options between debenture issuance and equity shares, including cost implications and control impact.

4. Importance of cash flow statements for shareholder decision-making, highlighting liquidity and operational efficiency.

5. Preparation of manufacturing accounts and profit analysis, differentiating between imported and manufactured goods.

6. Strategic advice on transitioning from imported goods to in-house manufacturing to counter rising costs and maintain profitability.