Accounting 9706/32 Oct Nov 2015 | Cambridge AS Level Past Papers With Mark Scheme

1. Owner’s equity components including capital redemption reserves, share capital, and revaluation reserves.

2. Suspense account reconciliation for detecting errors like sales ledger discrepancies or missing depreciation entries.

3. Adjustments for unrealized profit in manufacturing, impacting gross profit through inventory valuation.

4. Calculation of earnings per share, dividend cover, and price-earnings ratio for equity analysis.

5. Analysis of budgeted versus actual costs, variance calculations for materials and overhead absorption.

6. Valuation adjustments under IAS37 for uncertain liabilities and inventory based on net realizable values.