Accounting 9706/31 Oct Nov 2013 | Cambridge AS Level Past Papers With Mark Scheme

1. Accounting for unrealized profit in closing inventory and adjustments to financial statements for doubtful debts and goodwill.
2. Capital structure and share-related transactions, including rights issues, bonus shares, and redemption of preference shares.
3. Partnership dissolution, including profit-sharing, asset revaluation, and calculation of losses on dissolution.
4. Valuation of closing inventory and its impact on gross profit, in compliance with IAS2.
5. Analysis of ratios such as price-to-earnings, dividend yield, and working capital for financial performance evaluation.
6. Budget preparation and variance analysis, addressing labor, material, and production variances, and reconciliation of actual and standard costs.
7. Investment appraisal, focusing on NPV, IRR, and payback methods, including capital cost sensitivity analysis.