Accounting 9706/12 Oct Nov 2012 | Cambridge AS Level Past Papers With Mark Scheme

1. Calculation of rental expenses and their treatment as accruals or prepayments in financial statements.
2. Identification of revenue and capital expenditures, including repairs, legal fees, and construction costs.
3. Application of prudence principle in inventory valuation and revenue adjustments for sale-or-return items.
4. Apportionment of heat and light costs based on floor area across departments.
5. Determination of subscription revenue for non-profit organizations using arrears and advance payments.
6. Analysis of break-even charts and contribution margin changes due to price and fixed cost adjustments.