Accounting 9706/13 Oct Nov 2022 | Cambridge AS Level Past Papers With Mark Scheme

1. Application of accounting concepts such as realization and matching principles in sales recording.

2. Journal entries for non-current asset disposals, including profit or loss calculations.

3. Depreciation adjustments using reducing balance method for accurate profit calculations.

4. Partnership adjustments during admission or retirement, including goodwill and capital revaluation.

5. Analysis of draft financial statements, correcting for inventory valuation and unrecorded transactions.

6. Costing systems: impact of marginal versus absorption costing on profit, overheads, and breakeven analysis.

7. Budgeting practices and their influence on financial planning, cost allocation, and managerial decision-making.