UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS
GCE Advanced Subsidiary Level and GCE Advanced Level
MARK SCHEME for the May/June 2008 question paper
9706 ACCOUNTING
9706/02
Paper 2 (Structured Questions (Core)),
maximum raw mark 90
This mark scheme is published as an aid to teachers and candidates, to indicate the requirements of
the examination. It shows the basis on which Examiners were instructed to award marks. It does not
indicate the details of the discussions that took place at an Examiners’ meeting before marking began.
All Examiners are instructed that alternative correct answers and unexpected approaches in
candidates’ scripts must be given marks that fairly reflect the relevant knowledge and skills
demonstrated.
Mark schemes must be read in conjunction with the question papers and the report on the
examination.
•
CIE will not enter into discussions or correspondence in connection with these mark schemes.
CIE is publishing the mark schemes for the May/June 2008 question papers for most IGCSE, GCE
Advanced Level and Advanced Subsidiary Level syllabuses and some Ordinary Level syllabuses.
Page 2
Mark Scheme
Syllabus
Paper
GCE A/AS LEVEL – May/June 2008
9706
02
© UCLES 2008
1
(a)
Trading and Profit and Loss account for the year ended 30 April 2008
$
$
$
Sales
243 000
Less returns
2 040
240 960
Less cost of sales
Stock at 1 May 2007
13 500
Purchases
184 000
Less returns
1 980
(1)
182 020
Add carriage in
350
182 370
(1)
195 870
Less stock at 30 April 2008
15 100
180 770
Gross profit
60 190
Discount received
1 300
Rent receivable
(2420 + 220)
2 640
(1)
Doubtful debts provision
(500 – 3% × (9000-200))
236
(1)
64 366
Bad debts written off
200
Carriage out
800
Discount allowed
1 800
Electricity
(2100 – 40)
2 060
(1)