GCE Advanced Subsidiary Level and GCE Advanced Level: Marking Structure

 GCE Advanced Subsidiary Level and GCE Advanced Level: Marking Structure Essay

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UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS

GCE Advanced Subsidiary Level and GCE Advanced Level

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DRAW SCHEME pertaining to the October/November 2009 question paper to get the direction of educators

9706 ACCOUNTING

9706/42 Newspaper 42 (Problem Solving – Supplement), maximum raw mark 120

This kind of mark plan is published as a help to teachers and candidates, to indicate certain requirements of the exam. It shows the basis which Examiners had been instructed to award signifies. It does not suggest the details with the discussions that took place at an Examiners' conference before tagging began, which in turn would have considered the acceptability of different answers. Draw schemes has to be read with the question paperwork and the survey on the exam.

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CIE will not access discussions or correspondence regarding the these mark schemes.

CIE is posting the indicate schemes pertaining to the October/November 2009 question papers for the majority of IGCSE, GCE Advanced Level and Advanced Subsidiary Level syllabuses and several Ordinary Level syllabuses.

Webpage 2 1 (a)

Draw Scheme: Teachers' version GCE A/AS LEVEL – October/November 2009 Capital accounts A B forty-eight 000 12 000 7 200 66 200 Balances Profit in real'n W1

Syllabus 9706

Paper forty two

A 70 000 (1) 22 800(3of)

B 40 000 15 200

Stocks and shares W2 Debentures Cash W3

72 1000 (4) 10 000 (1) 10 800 (3of) 80 800

ninety two 800

sixty-five 200 [12]

W1 150 (1) – 112 (1) = twenty two 800 and 15 200 (1) W2 150 (1) – 30 (1) = 72 000 (1) and 48 000 (1) W3 10 500 + 8000 = 12 800 (1) and 7200 (1) to balance capital accounts. (1 for both) (b) Drakar Ltd Balance sheet at you April 2009 $ Set assets Goodwill W1 Current assets Stock Trade debtors Bank harmony W2

money 830 500 (1) 87 000 (3) 917 000

56 500 (1) eighty-five 000 (1) 189 1000 (5) 330 000 Collectors: amounts falling due within just one year Operate creditors (43 000) (1) Net current assets Collectors: amounts slipping due much more than one year 8% debentures (2026) Net assets Discuss capital and reserves Normal shares of $1 every single fully paid W3 Discuss premium W4 Retained income W5 Total equity W1 W2 W3 W4 W5

287 1000 1 204 000 150 000 (1) 1 064 000 650 000 (4) 220 500 (3) 194 000 (3) 1 064 000

[23]

150 (1) – 63 (1) sama dengan 87 (1) (21 000) (1) + (10 000) (1) + 250 000 (1) + (30 000) (1) sama dengan 189 000 (1) 500 (1) + 50 (1) 100 (1) = 600 (1) 75 (1) & 150 (1) = 230 (1) 224 (1) – 30 (1) = 194 (1)

В© UCLES 2009

Page three or more

Mark Plan: Teachers' version GCE A/AS LEVEL – October/November 2009

Syllabus 9706

Paper 42

(c) Cheaper than open public issue (0–3) Does not thin down the power foundation of the company (0–3) you mark pertaining to identification in addition up to two further markings for advancement 2 (a) Reconciliation of profit from businesses to net cash flow by operating actions. $000 Operating profit 156 (1) Changes for downgrading 341 (6) 23 (1) + one hundred ten (1) & 58 (2) + one hundred and fifty (1) Earnings on convenience of fixed assets (101) (4) 240 – 320 – twenty-one (1 each) Loss in disposal of fixed assets 5 (1) Increase in stock (70) (1) Increase in transact debtors (80) (1) Reduction in trade collectors 5 (1) 256 (1) (b) Earnings statement pertaining to the year ended 31 03 2009 (1) Operating activities Net money inflow coming from operating activities 256 Earnings on purchases and servicing of finance Interest paid (28) Taxation Corporation tax paid (50) Capital spending and monetary investments Obligations to acquire touchable fixed possessions (800) Receipts from the sale of fixed property 332 Collateral dividends paid out Equity dividends paid during the year (32) Net cash output before funding (322) Loans Receipts by issue of ordinary shares 660 Repayment of debentures (100) Increase in cash 238

[max. 5]

[16]

(1) (1) (1) (4) (400) + (250) + (150) (1 each) (3) 320 + doze (1 each) (1) (1) (3) 300 + fish hunter 360 (1 each) (1) (2) [19]

(c) Reconciliation of net money to motion in net debt Embrace cash during year Funds used to repurchase debentures Change in net financial debt Net debt at 1 )..