Accounting 9706/23 Oct Nov 2021 | Cambridge AS Level Past Papers With Mark Scheme

1. Calculating cost of sales and revenue based on inventory turnover rate and gross profit margin.
2. Determination of provision for doubtful debts, incorporating aged receivables analysis and percentage adjustments.
3. Revaluation of assets and capital accounts during partner retirement in partnership accounting, including goodwill and profit-sharing adjustments.
4. Break-even analysis and margin of safety for production costs, selling prices, and profit optimization.
5. Depreciation methods for non-current assets, including reducing balance for plant and machinery and related disposal accounts.
6. Cost–volume–profit analysis benefits and limitations for management decision-making.