Accounting 9706/21 Oct Nov 2020 | Cambridge AS Level Past Papers With Mark Scheme

1. Corrections to financial statements, including adjustments for depreciation, doubtful debts, and accruals, in a sole trader's income statement.
2. Capital account analysis for business expansion decisions, comparing financing options such as bank loans and partnerships.
3. Rights issue evaluation, including dividend calculations, and statement of changes in equity preparation.
4. Absorption costing limitations and overhead absorption rate calculation for manufacturing cost determination.
5. Selling price calculation for cost-plus pricing, incorporating direct materials, labor, and overhead absorption.
6. Comparison of profitability for operational options under varying pricing, cost structures, and market demand.