Accounting 9706/41 Oct Nov 2011 | Cambridge AS Level Past Papers With Mark Scheme

1. Preparation of partners’ capital and current accounts, including adjustments for retirement, revaluation of assets, and goodwill on admitting a new partner.
2. Appropriation account detailing salary, interest on capital, profit-sharing, and final settlement to a retiring partner.
3. Income and appropriation account for Phoenicia Ltd, incorporating inventory turnover, gross and net profit margins, and dividends.
4. Financial analysis of Algebra plc and Vector plc, including gearing ratio, earnings per share, price-earnings ratio, and dividend yield, with investment recommendations.
5. Contribution per unit and profit calculations for garden chair production, considering material constraints and optimal production mix.
6. Profit impact of fulfilling contract obligations under resource constraints, comparing achievable and contractual profits.