Accn2 Mark Scheme [better] - Ib G Jun17

Decoding the IB G Jun17 Accn2 Mark Scheme: Your Blueprint for Exam Success

Typical data:

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.

Non-Current Assets:

Handling cost and depreciation without necessarily netting them off (e.g., showing a cost of £3,000 and depreciation of £750 separately). Ib G Jun17 Accn2 Mark Scheme

Common Traps in the Jun17 Accn2 Mark Scheme

Introduction