Accounting 4AC1/02 November 2023 | Edexcel IGCSE Past Papers With Mark Scheme

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1. Manufacturing account preparation, income statement preparation, production costs calculation, depreciation reducing balance method, factory and administration expenses allocation, royalties inclusion

2. Current ratio evaluation, working capital management, liquidity assessment, financial stability analysis, methods to improve working capital, short-term liabilities control

3. Equity calculation, statement of financial position preparation, non-current assets valuation, provision for irrecoverable debts creation, bad debts write-off, drawings adjustment

4. Profit for the year adjustment, provision percentage application, trade receivables adjustment, bank loan classification, liabilities and assets balancing, financial year-end reporting

5. Computerised accounting system evaluation, disadvantages analysis, cost implications, training requirements, system failure risks, data security concerns

6. Sole trader financial management, capital structure analysis, cash flow monitoring, financial performance reporting, efficiency in bookkeeping, accounting software impact

Edexcel International GCSE Accounting (4AC1) Nov 2023

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Classification: Edexcel Paper 2

Page count: 12

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Last update: 22 days ago

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Accounting 4AC1/02 November 2023 | Edexcel IGCSE Past Papers With Mark Scheme

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