Accounting 9706/23 May June 2022 | Cambridge AS Level Past Papers With Mark Scheme

1. Rights issue accounting, calculation of share capital raised, and preparation of statements of changes in equity and financial position.

2. Definitions and applications of matching, going concern, and materiality concepts in accounting practices.

3. Purchases and sales ledger control account reconciliation, error correction, and control account limitations.

4. Break-even analysis assumptions, margin of safety, and methods to reduce break-even points, including changes in costs and selling prices.

5. Evaluation of two production strategies with variable and fixed cost assessments for profit maximization.

6. Strategic financial decision-making between rights issue and debenture options to finance business expansion.