G Jun17 Accn2 Mark Scheme | Ib
A core component of this paper involved making year-end adjustments to prepare income statements or balance sheets.
Confusing debits and credits in adjustments, particularly regarding prepayments and accruals.
The AQA AS Accounting (ACCN2) June 2017 mark scheme features detailed, legacy-specification solutions covering provisions for doubtful debts, non-current asset depreciation, and financial ratios. Key topics addressed in this paper include liquidity assessment and calculating ROCE, alongside adjustments to trade receivables. Access the full mark scheme at 18 AQA-ACCN2-W-MS-Final Mark Scheme-June 2017
Do not just write numbers in your workings. Clearly label figures (e.g., "Closing Inventory = £14,500" ). If an examiner cannot determine what your scratch work represents, they cannot award partial or "OF" marks. Ib G Jun17 Accn2 Mark Scheme
Calculating gross and net profit margins, current ratios, and liquid (acid test) ratios.
In Section A, students were required to answer two questions from a choice of three. The questions covered topics such as the preparation of financial statements, accounting ratios, and the analysis of financial performance. The mark scheme for this section emphasized:
Notice which sections offer the most points. Usually, the final evaluative questions carry significant weight and require a structured "Conclusion" to reach the top mark band. Conclusion A core component of this paper involved making
To maximize the value of the June 2017 ACCN2 mark scheme, follow this structured revision approach:
Writing "It's easier" – That gets 0 marks. Student Success: "Marginal costing ignores fixed costs in unit valuation, which helps managers see the true contribution per unit for special orders."
Take your completed paper and your copy of the "Ib G Jun17 Accn2 Mark Scheme" . Go through each question carefully, using the examiner's guidance to award marks. Key topics addressed in this paper include liquidity
Since I cannot access or reproduce the actual mark scheme document (copyright belongs to AQA), here is a based on standard features of AQA Accounting mark schemes from that period, along with guidance on how useful it is for students/teachers.
Well-structured, balanced arguments using precise accounting terminology. Clear, justified conclusion.
