Centre Number
Candidate Number
Name
UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS
General Certificate of Education
Advanced Subsidiary Level and Advanced Level
ACCOUNTING
9706/02
Paper 2 Structured Questions
May/June 2006
1 hour 30 minutes
Candidates answer on the Question Paper.
No Additional Materials are required.
READ THESE INSTRUCTIONS FIRST
Write your Centre number, candidate number and name on all the work you hand in.
Write in dark blue or black pen.
You may use a soft pencil for rough working.
Do not use staples, paper clips, highlighters, glue or correction fluid.
Answer all questions.
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 part question.
For Examiner’s Use
1
2
3
Total
This document consists of 14 printed pages and 2 blank pages.
IB06 06_9706_02/5RP
UCLES 2006
[Turn over
2
© UCLES 2006
9706/02/M/J/06
For
Examiner's
Use
1 After completion of the Trading Account, the following balances were extracted from the
books of Peter Jordan plc on 30 April 2006.
$
Authorised and issued share capital
Ordinary shares of $1 each fully paid
1 500 000
7 % Preference shares of $1 each fully paid
200 000
Premises
2 300 000
Motor vehicles
500 000
Fixtures and fittings
170 000
Provision for depreciation on motor vehicles
375 000
Provision for depreciation on fixtures and fittings
102 000
Gross profit
1 620 000
Stock
204 000
Office expenses
460 000
Selling and distribution expenses
486 000
6 % debentures – 2011 (issued in 2001)
100 000
Debenture interest paid
3 000
Profit on sale of motor vehicle
2 000
Profit and loss account balance – 1 May 2005
143 600 Cr
Debtors
132 000
Creditors
116 000
Bank