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

1. Calculation of sales and purchases for a sole trader based on incomplete records, along with income statement preparation.

2. Revaluation account and capital adjustments for partnership retirement, including changes in profit-sharing ratios and asset revaluations.

3. Motor vehicle depreciation accounting, provision for depreciation, and analysis of profit or loss on asset disposal.

4. Overhead absorption rate calculation for production departments and pricing strategy based on direct material and labor costs.

5. Analysis of changes in gross and profit margins for sole traders, identifying operational impacts and performance factors.

6. Recommendations on accounting system choices, comparing the use of departmental versus factory-wide overhead absorption rates.