Share capital (50,000 £1 ordinary shares fully paid), share premium £10,000, revaluation surplus £5,000, retained earnings b/f £22,000. Corporation tax provision £8,000. Proposed dividend 10p per share.
Download the blank question paper for June 2017 (Accn2), take the test, then use the mark scheme to audit your performance. You will be shocked at how many marks you can pick up simply by writing your numbers in the correct columns or adding a one-sentence explanation. Ib G Jun17 Accn2 Mark Scheme
Complete the June 2017 past paper under timed conditions, then use the mark scheme to grade your own work strictly. Share capital (50,000 £1 ordinary shares fully paid),
In ACCN2, marks aren't just for numbers. The June 2017 mark scheme allocated specific points for the clarity of explanations. When asked to evaluate a company’s liquidity, students were expected to use professional terminology and provide a balanced argument. 3. Precision in Adjustments Download the blank question paper for June 2017
: Adjustments for "sale or return" goods, where revenue must be adjusted (e.g., deducting £27,000 in specific workings).