® IGCSE is the registered trademark of Cambridge International Examinations.
CAMBRIDGE INTERNATIONAL EXAMINATIONS
Cambridge International Advanced Subsidiary and Advanced Level
MARK SCHEME for the October/November 2015 series
9706 ACCOUNTING
9706/21
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,
which would have considered the acceptability of alternative answers.
Mark schemes should be read in conjunction with the question paper and the Principal Examiner
Report for Teachers.
Cambridge will not enter into discussions about these mark schemes.
Cambridge is publishing the mark schemes for the October/November 2015 series for most
Cambridge IGCSE
®
, Cambridge International A and AS Level components and some
Cambridge O Level components.
Page 2
Mark Scheme
Syllabus
Paper
Cambridge International AS/A Level – October/November 2015
9706
21
© Cambridge International Examinations 2015
1
(a)
The City Cricket Club Refreshments Trading Account for the year ended 30 September 2015
$
$
Sales of refreshments
4430
Less cost of sales
Opening inventory
770
Purchases (2697 + 840
(1)
– 960
(1)
)
2577
3347
Less closing inventory
590
2757
Gross profit
1673
(1)OF
[3]
(b)
The City Cricket Club
Income and Expenditure Account for the year ended 30 September 2015
$
$
Profit from sales of refreshments
1 673
Subscriptions (670
(1)
+ 320
(1)
+ 6650
–240
(1)
– 540
(1)
– 400
(1)
6 460
Life membership transfer
320
(1)
Advertising revenue
2 600
Donations
770
11 823
Less expenses
Groundsman’s wages
3 500
Travelling expenses
942
Rent
4 500
Depreciation (W1)
2 000
Loss on disposal
250
(1)
Interest on loan
250
(1)
Bad debts
50
(1)
11 492
Surplus for the year
331
(1)OF
[12]
W1 1140 + 500
(1)
+ 360
(1)
OR
1070 + 570
(1)
+360
(1)
Page 3
Mark Scheme
