Accounting 9706/11 Oct Nov 2015 | Cambridge AS Level Past Papers With Mark Scheme

1. Accounting treatment for prepaid expenses, trade receivables, and bad debt provisions in financial statements.
2. Adjustments for incorrect depreciation rates, damaged inventory valuations, and capital balances during partnership changes.
3. Calculating credit sales, profit appropriations, and subscription income for non-profit organizations.
4. Analyzing financial ratios, including inventory turnover, return on capital employed, and working capital cycle.
5. Computing contribution margins, break-even points, and profit differences under marginal and absorption costing.
6. Evaluating factory overhead absorption rates, margin of safety, and total cost lines in break-even charts.