Accounting 9706/31 May June 2016 | Cambridge AS Level Past Papers With Mark Scheme

1. Preparation and analysis of income and expenditure accounts, focusing on the profit/loss from restaurants and subscription adjustments for a not-for-profit organization.

2. Calculation and presentation of joint venture profits and balances, including corrections for inventory discrepancies.

3. Depreciation schedules for non-current assets using methods such as straight-line and reducing balance, alongside the preparation of disposal accounts.

4. Comparative financial ratio analysis, including income gearing, earnings per share, and dividend yield, aligned with industry benchmarks.

5. Cost allocation for products under different methods, such as overhead absorption and activity-based costing, including pricing strategies based on total costs.

6. Investment appraisal through methods like payback period and net present value, incorporating cost of capital and expected cash flows for replacement machinery.