Accounting 9706/22 March 2023

E1. Profit or loss preparation for partnerships, including depreciation, insurance adjustments, and revenue allocations.

2. Appropriation of profits in partnerships, with interest on capital, salaries, and profit-sharing calculations.

3. Financial planning analysis comparing additional capital from partners versus bank loans for business expansion.

4. Depreciation of non-current assets using reducing balance and straight-line methods, with journal entries for depreciation charges.

5. Liquidity and efficiency ratio analysis, including acid test and trade receivables turnover for business performance evaluation.

6. Marginal costing for break-even and profitability assessments, comparing options for increased production or hiring replacement machinery.