Accounting 9706/22 March 2016 | Cambridge AS Level Past Papers With Mark Scheme

1. Preparation of financial statements including income statements and statements of financial position, with adjustments for depreciation, provision for doubtful debts, and dividend declarations.

2. Revaluation and partnership capital adjustments upon admission of a new partner, including goodwill treatment and asset revaluation.

3. Cost-volume-profit analysis using profit/volume charts, identifying breakeven points, and calculating total contributions and profits for products.

4. Budgetary decision-making for product continuation or discontinuation, analyzing fixed and variable costs against contribution margins.

5. Evaluation of special order profitability through contribution analysis, considering pricing strategies and spare production capacity.

6. Financial effects of debenture repayment on working capital and return on capital employed, advising on optimal financial management decisions.