Accounting 9706/23 May June 2012 | Cambridge AS Level Past Papers With Mark Scheme

1. Calculation of sales and purchases for Shaun, including adjustments for discounts, drawings, and doubtful debts.
2. Preparation of Shaun’s income statement and statement of financial position, incorporating asset valuations and prepaid or accrued expenses.
3. Depreciation calculations for Amirtha’s motor vehicles and equipment using both straight-line and reducing balance methods, with revised profit impact.
4. Ledger accounts for wages, insurance, and rent received, highlighting adjustments for accruals and prepayments.
5. Factory overhead recovery rate determination for Wigmore Ltd using direct labor cost and direct labor hour methods.
6. Cost statement preparation for job 787, incorporating factory overheads, general administration expenses, and selling price based on profit margin.