Accounting 9706/43 May June 2011 | Cambridge AS Level Past Papers With Mark Scheme

1. Statement of financial position preparation for Frog Log plc, incorporating revaluation, loan conversion, and share premium adjustments.
2. Classification of reserves as revenue or capital in Frog Log plc’s balance sheet.
3. Analysis of conditions favoring the conversion of loan stock into ordinary shares.
4. Partners' capital account preparation for Poppy and Rose, including profit sharing adjustments and revaluation.
5. Monthly production and raw material purchasing budget preparation for Gala Ltd based on inventory and sales forecasts.
6. Trade receivables budget and advantages of budgeting for Gala Ltd, including income statement and cash budget distinctions.