Accounting 9706/23 Oct Nov 2022 | Cambridge AS Level Past Papers With Mark Scheme

1. Calculation of credit sales, credit purchases, cash wages, and depreciation charges for financial statement accuracy.

2. Income statement preparation, incorporating inventory adjustments for damaged goods and provisions for depreciation.

3. Partnership reorganization involving capital contributions, goodwill adjustments, and property revaluations.

4. Statement of financial position adjustments reflecting changes in capital, assets, and partner equity post-admission.

5. Apportionment of service department overheads, calculation of absorption rates, and evaluation of over/under absorption.

6. Pricing strategy and cost allocation for special orders, with profit margin considerations and department-specific overhead impact analysis.