ACCOUNTING A LEVEL ACCOUNTING 9706/33 Paper 3 Structured Questions

ACCOUNTING A LEVEL ACCOUNTING 9706/33 Paper 3 Structured QuestionsCambridge International AS & A Level ACCOUNTING 9706/33 Paper 3 Structured Questions October/November 2021 3 hours You must answer on the question paper. You will need: Insert (enclosed) INSTRUCTIONS ● Answer all questions. ● Use a black or dark blue pen. ● Write your name, centre number and candidate number in the boxes at the top of the page. ● Write your answer to each question in the space provided. ● Do not use an erasable pen or correction fluid. ● Do not write on any bar codes. ● You may use an HB pencil for any diagrams, graphs or rough working. ● You may use a calculator. ● International accounting terms and formats should be used as appropriate. ● You should show your workings. INFORMATION ● The total mark for this paper is 150. ● The number of marks for each question or part question is shown in brackets [ ]. ● The insert contains all of the required information and questions. DC (LK) /3 © UCLES 2021 [Turn over *5* Onlystudents 2 © UCLES /33/O/N/21 Section A: Financial Accounting Answer all questions. 1 Read Source A1 in the insert. (a) Prepare the provision for unrealised profit account for the year ended 31 December 2020. ................................................................................................................................................... ................................................................................................................................................... ................................................................................................................................................... ................................................................................................................................................... ................................................................................................................................................... ................................................................................................................................................... ................................................................................................................................................... ............................................................................................................................................. [4] (b) Explain two possible reasons for the change in the balance on the provision for unrealised profit account. 1 ................................................................................................................................................ ................................................................................................................................................... ................................................................................................................................................... ................................................................................................................................................... 2 ................................................................................................................................................ ................................................................................................................................................... ................................................................................................................................................... ............................................................................................................................................. [4] Additional information 1 The rent included $6300 for the office and $1600 for the distribution area. 2 15% of the carriage inwards related to the purchases of finished goods. 3 Anil provides depreciation as follows. rate per annum method factory machinery 20% reducing balance office equipment 10% straight-line delivery vehicles 25% reducing balance Depreciation for the year ended 31 December 2020 is yet to be provided. Onlystudents 3 © UCLES /33/O/N/21 [Turn over (c) Prepare, for the year ended 31 December 2020, (i) the manufacturing account ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ..................................................................................................................................... [8] Onlystudents 4 © UCLES /33/O/N/21 (ii) the income statement. ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ........................................................................................................................................... ..........................