In Section D, students were required to answer one question from a choice of two. The questions covered topics such as financial analysis, interpretation of financial statements, and the use of accounting ratios. The mark scheme for this section emphasized:
The June 2017 paper is noted for specific challenging sections: Company Income Statements Ib G Jun17 Accn2 Mark Scheme
The paper typically covers:
The is an indispensable tool for anyone aiming for an A* in A-Level Accounting. By studying the specific requirements of the June 2017 series, you can identify recurring patterns in how AQA rewards candidates and avoid the common traps that lead to lost marks. In Section D, students were required to answer
| Requirement | Marks | Detail | |-------------|-------|--------| | Income statement (to operating profit) | 4 | Revenue, cost of sales, distribution/admin costs | | Profit before tax | 1 | | | Corporation tax charge | 2 | 1 for correct figure, 1 for placing after PBT | | Profit after tax | 1 | | | Retained earnings b/f | 1 | | | Transfer to reserves | 1 | If any | | Dividends proposed | 2 | Calculation: 50,000 × £0.10 = £5,000 | | Retained earnings c/f | 1 | OFR | | Statement of financial position – equity section | 4 | Share capital, share premium, revaluation reserve, retained earnings (c/f) | | Non-current liabilities | 1 | Corporation tax provision | | | 18 | (plus 2 for format/presentation) | By studying the specific requirements of the June