Accounting 9706/43 May June 2014 | Cambridge AS Level Past Papers With Mark Scheme

1. Net asset valuation and purchase price calculations for business acquisitions, including adjustments for revaluations, depreciation, and write-offs.

2. Statement of financial position preparation post-acquisition, reflecting share capital issuance, goodwill, and adjustments under IAS 36 and 38 for impairment.

3. Partnership capital and financial position adjustments, including goodwill allocation, depreciation, and revaluation impacts during mergers.

4. Profit sharing and capital account updates in partnerships, addressing partner-specific investments, drawings, and retained earnings.

5. Monthly budgeting for production and inventory, incorporating sales forecasts, raw material purchases, and inventory levels.

6. Budgeted trading statement preparation for multi-period analyses, including direct labor, manufacturing overheads, and sales revenue projections.