Accounting 9706/21 May June 2023 | Cambridge AS Level Past Papers With Mark Scheme

1. Depreciation and profit/loss calculation for delivery vehicle disposal, using straight-line method.

2. Profit or loss preparation, including adjustments for inventory valuation, accrued wages, and advertising prepayments.

3. Sales ledger control account preparation and error reconciliation, incorporating prime entry adjustments.

4. Equity changes from rights issues, retained earnings, and dividend distributions in statement of changes in equity.

5. Apportionment and absorption of overheads for production and service departments, including absorption rate calculation.

6. Financial and operational assessment of new product introduction, including marginal costing, profit analysis, and production reallocation impacts.