Accounting 9706/11 Oct Nov 2016 | Cambridge AS Level Past Papers With Mark Scheme

1. Identifying the accounting principle when a company changes from straight-line to reducing balance depreciation.
2. Calculating depreciation charges based on asset life and residual value.
3. Determining the cost of motor vehicles purchased after factoring in opening and closing book values, depreciation, and profit on disposal.
4. Recording a set-off in the purchases and sales ledgers for transactions between entities.
5. Preparing a bank reconciliation statement to explain discrepancies between the cash book and bank statement balances.
6. Assessing the impact of errors on the trial balance, such as undercasting or duplicating journal entries.