Accounts
Centre Number
Candidate Number
Name
CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Subsidiary Level and Advanced Level
ACCOUNTING
Paper 2 Structured Questions
9706/02
May/June 2003 1 hour 30 minutes
Candidates answer on the Question Paper. No Additional Materials are required.
READ THESE INSTRUCTIONS FIRST Write your Centre number, candidate number and name on all the work you hand in. Write in dark blue or black pen in the spaces provided on the Question Paper. You may use a soft pencil for rough working. Do not use staples, paper clips, highlighters, glue or correction fluid. Answer all questions. At the end of the examination, fasten all your work securely together. The number of marks is given in brackets [ ] at the end of each question or part question. You may use a calculator.
If you have been given a label, look at the details. If any details are incorrect or missing, please fill in your correct details in the space given at the top of this page. Stick your personal label here, if provided.
For Examiner’s Use 1 2 3 Total
This document consists of 10 printed pages, 1 lined page and 1 blank page.
SJF2731 S39592/4 © CIE 2003
[Turn over
2 1 The following is the summarised Balance Sheet of Bracket & Racket Ltd, a limited company wholly owned by its two shareholders, Bracket and Racket. Balance Sheet as at 31 March 2002 $000 Fixed Assets at Net Book Value Buildings Fixtures and fittings $000 $000 250 100 350
Current Assets Stock Debtors Cash Current Liabilities Creditors for supplies Accruals Bank
1540 820 3
2363
1210 192 203
1605
758 1108 25 910
Share capital – Ordinary shares Retained profits Loan accounts – Bracket Racket
104 69
173 1108
The company accountant resigned at the beginning of April 2002 and proper records were not kept for the six-month period 1 April to 30 September 2002. The following information is available for that six-month period. $000 1996 823 20 2784
Payments by cheque for purchases
Candidate Number
Name
CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Subsidiary Level and Advanced Level
ACCOUNTING
Paper 2 Structured Questions
9706/02
May/June 2003 1 hour 30 minutes
Candidates answer on the Question Paper. No Additional Materials are required.
READ THESE INSTRUCTIONS FIRST Write your Centre number, candidate number and name on all the work you hand in. Write in dark blue or black pen in the spaces provided on the Question Paper. You may use a soft pencil for rough working. Do not use staples, paper clips, highlighters, glue or correction fluid. Answer all questions. At the end of the examination, fasten all your work securely together. The number of marks is given in brackets [ ] at the end of each question or part question. You may use a calculator.
If you have been given a label, look at the details. If any details are incorrect or missing, please fill in your correct details in the space given at the top of this page. Stick your personal label here, if provided.
For Examiner’s Use 1 2 3 Total
This document consists of 10 printed pages, 1 lined page and 1 blank page.
SJF2731 S39592/4 © CIE 2003
[Turn over
2 1 The following is the summarised Balance Sheet of Bracket & Racket Ltd, a limited company wholly owned by its two shareholders, Bracket and Racket. Balance Sheet as at 31 March 2002 $000 Fixed Assets at Net Book Value Buildings Fixtures and fittings $000 $000 250 100 350
Current Assets Stock Debtors Cash Current Liabilities Creditors for supplies Accruals Bank
1540 820 3
2363
1210 192 203
1605
758 1108 25 910
Share capital – Ordinary shares Retained profits Loan accounts – Bracket Racket
104 69
173 1108
The company accountant resigned at the beginning of April 2002 and proper records were not kept for the six-month period 1 April to 30 September 2002. The following information is available for that six-month period. $000 1996 823 20 2784
Payments by cheque for purchases