Accounting 9706/22 May June 2015 | Cambridge AS Level Past Papers With Mark Scheme

1. Determining opening capital for sole traders using financial balances and bank summaries.
2. Calculating sales revenue, purchases, and inventory values based on gross profit margins and credit transactions.
3. Depreciation calculations for motor vehicles and fixtures using reducing balance methods.
4. Preparing capital accounts for partnership formation, including goodwill adjustments and partner contributions.
5. Allocating and apportioning overheads across production and service departments, followed by absorption rate calculations.
6. Calculating under- or over-absorbed overheads and analyzing reasons for variances in actual vs. budgeted figures.