Accounting 9706/22 Oct Nov 2018 | Cambridge AS Level Past Papers With Mark Scheme

1. Bank reconciliation and trade accounts: Calculation of bank balance, preparation of trade receivables and payables accounts, and cash account for operating expenses.
2. Partnership revaluation and goodwill adjustment: Recording partner admission, adjustment for goodwill, and implications on capital accounts, along with an analysis of the impact on return on capital employed.
3. Equity and financial changes: Reasons for bonus share issues, uses of share premium account, and preparation of the statement of changes in equity with considerations for dividend payments and rights issues.
4. Break-even and expansion analysis: Definition and uses of marginal costing, calculation of profit and contribution ratios post-expansion, and evaluation of the proposed factory expansion’s financial impact and shareholder implications.