Accounting 9706/12 May June 2010 | Cambridge AS Level Past Papers With Mark Scheme

1. Capital versus revenue expenditure and financial impact: Misclassification effects on assets and profit, including calculation adjustments for incorrect revenue recording.
2. Bank transactions and ledger accuracy: Calculation of bank balance after transactions involving discounts, and error correction in purchase ledger control accounts.
3. Partnership profit sharing and financial adjustments: Calculation of profit share for partners, entries for salary and interest on capital, and assessment of partnership agreements.
4. Equity transactions and share premium: Calculation of share premium after rights and bonus issues, scenarios triggering share premium accounts, and implications on shareholder funds.
5. Costing methods and production analysis: Determination of product costs using batch costing, calculation of total costs at different production levels, and analysis of sales and cost graphs for product comparisons.
6. Depreciation and financial statement preparation: Depreciation charges for non-current assets, impact of diminishing value method on asset management, and effects on overall financial performance.