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

1. Differences between receipts and payments accounts versus income and expenditure accounts in accounting reporting.

2. Preparation of profit or loss statements, income and expenditure accounts, and analysis of stolen cash impacts on financial outcomes.

3. Evaluation of security system options for improving club security, including cost-benefit analysis of installation versus staffing.

4. Correction of accounting errors in depreciation and inventory valuation, applying international accounting standards.

5. Calculation of partner capital accounts and preparation of financial statements following a business merger.

6. Discussion on the strategic benefits and financial implications of merging businesses, with a focus on profitability and equity distribution.