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UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced infantryman Level and Advanced Level *2947950926* ACCOUNTING Paper 2 organise Questions Candidates answer on the Question Paper. No Additional Materials argon required. READ THESE INSTRUCTIONS FIRST Write your Centre number, prospect number and name on all told the work you excrete in. Write in dark blue or obtuse pen. You may use a soft pencil for approximate working. Do not use staples, paper clips, highlighters, glue or correction fluid. DO NOT WRITE IN both BARCODES. Answer all questions. All accounting statements are to be presented in good style. Workings must be shown. You may use a calculator. At the end of the examination, fasten all your work securely together. The number of marks is given in brackets [ ] at the end of each question or farewell question. 9706/23 May/June 2010 1 hour 30 minutes For Examiners Use 1 2 3 Total This document consists of 11 printed pages and 1 blank page. DC (LEO) 19592/3 © UCLES 2010 [Turn over www.XtremePapers. net income 2 1 Jasper, a sole trader, has provided the following summary of his bank put across and payments for the year ended 30 April 2010.

Dr $ 424 000 Cr $ 30 cd 228 000 24 two hundred 14 200 104 200 800 8 400 4 200 For Examiners Use Cash and cheques Machinery Payments to creditors deal redress Wages Postage Electricity Sundries Jaspers closing balances were as follows: At 30 April 2009 2010 $ $ 46 400 ? 24 400 30 600 29 200 32 200 206 400 216 000 6 200 3 400 ? 5 400 Cr Trade receivables (debtors) Inventory (stoc k) Trade p ayables (cr editors) Machinery at net book value Rent prepai d Insurance pre paid Bank Additional information During the year machinery with a net book value of $5600 was sold for $1000, which was paid into Jaspers cliquish bank account. Jasper took a salary of $28 000 which was included in the wages account. Mark-up is calculated as 75% on cost. © UCLES 2010 9706/23/M/J/10... If you want to get a bountiful essay, order it on our website: Orderessay

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