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

1. Preparation of financial statements, including income statements and statements of changes in equity, highlighting depreciation, irrecoverable debts, and rights issues.
2. Liquidity assessment using financial ratios and evaluation of credit control proposals.
3. Revisions to financial position based on inventory valuation, rent receivable, and depreciation method corrections.
4. Allocation, apportionment, and absorption of overheads in cost accounting for production and service departments.
5. Marginal costing calculations for profit maximization with supply constraints.
6. Financial and non-financial analysis for supplier selection and cost reduction strategies.