Accounting 9706/22 March 2023 | Cambridge AS Level Past Papers With Mark Scheme

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.