Accounting 9706/22 March 2021 | Cambridge AS Level Past Papers With Mark Scheme

1. Partnership appropriation and current accounts, including interest on drawings, capital, and profit-sharing ratios.
2. Goodwill valuation and adjustments for partner retirement, including revaluation of non-current assets.
3. Depreciation calculations and disposal of delivery vehicles, applying straight-line and revaluation methods.
4. Ratio analysis: current ratio, trade receivables turnover, and return on capital employed.
5. Marginal costing applications: break-even analysis, profit calculation with altered pricing, and cost control.
6. Optimization of production under limited machine hours, comparing financial impacts of two operational strategies.