Accounting 9706/11 May June 2015 | Cambridge AS Level Past Papers With Mark Scheme

1. Adjusting for provisions and prepayments in financial statements, and their impact on profit and net assets.
2. Handling errors in inventory valuation and analyzing their consequences on profit and asset balances.
3. Preparing contra entries in control accounts and calculating opening capital for financial assessments.
4. Allocating partnership adjustments for goodwill, interest on capital, and profit-sharing ratios.
5. Evaluating factory overhead components, fixed costs, and absorption variances in production.
6. Analyzing job cost quotations, variable cost changes, and break-even revenue in budgeting scenarios.