Accounting 9706/11 Oct Nov 2013 | Cambridge AS Level Past Papers With Mark Scheme

1. Calculating depreciation, residual values, and losses on disposal of non-current assets.
2. Adjusting financial statements for rent prepayments, doubtful debts, and inventory obsolescence.
3. Analyzing partnership profit-sharing ratios, goodwill adjustments, and revaluation entries.
4. Determining inventory turnover, gross profit margins, and financial ratios for liquidity analysis.
5. Evaluating cost classifications, including variable, fixed, and indirect costs in manufacturing.
6. Applying absorption costing for overhead apportionment and inventory valuation in production.