Accounting 9706/21 May June 2024 | Cambridge AS Level Past Papers With Mark Scheme

1. Calculation of total revenue, profit or loss statement preparation, and current assets in the context of partnership accounting.

2. Correction of trial balance errors, journal entries for specific error types, and explanation of the error of principle.

3. Statement of changes in equity, reasons for investor preference for debentures, and uses of the share premium account.

4. Comparison of absorption and marginal costing, contribution to sales ratio, and break-even point calculations.

5. Optimum profit calculations under material constraints, acceptance of special orders with negative contributions, and analysis of supplier decisions.

6. Advisory on purchasing materials from overseas suppliers, balancing cost benefits, and additional profit potential.