Cambridge International AS & A Level
ACCOUNTING 9706/12
Paper 1 Multiple Choice May/June 2025
1 hour
You must answer on the multiple choice answer sheet.
*5029970180*
You will need: Multiple choice answer sheet
Soft clean eraser
Soft pencil (type B or HB is recommended)
INSTRUCTIONS
There are thirty questions on this paper. Answer all questions.
For each question there are four possible answers A, B, C and D. Choose the one you consider correct
and record your choice in soft pencil on the multiple choice answer sheet.
Follow the instructions on the multiple choice answer sheet.
Write in soft pencil.
Write your name, centre number and candidate number on the multiple choice answer sheet in the
spaces provided unless this has been done for you.
Do not use correction fluid.
Do not write on any bar codes.
You may use a calculator.
INFORMATION
The total mark for this paper is 30.
Each correct answer will score one mark.
Any rough working should be done on this question paper.
This document has 12 pages. Any blank pages are indicated.
06_9706_12_2025_1.6b
© UCLES 2025 [Turn over
, 2
1 Ahmed and Betty are in partnership. They plan to convert the business from a partnership to a
limited company. Ahmed and Betty will be shareholders.
What is the benefit to Ahmed and Betty as shareholders?
A Disputes between them will be resolved in the annual general meeting.
B Their personal assets are protected.
C Their personal finances are not separate from those of the company.
D The value of their shares will increase.
2 What is the correct double entry to record goods taken for own use by the owner of a business?
debit credit
A drawings inventory
B drawings purchases
C inventory drawings
D purchases drawings
3 Which accounting concepts are applied when depreciating non-current assets?
1 consistency
2 matching / accruals
3 objectivity
4 prudence
A 1 and 2 only
B 1 and 3
C 1, 2 and 4
D 2, 3 and 4
4 Which account balance will be in the credit column of a trial balance?
A carriage inwards
B carriage outwards
C purchases returns
D sales returns
© UCLES 2025 06_9706_12_2025_1.6a
ACCOUNTING 9706/12
Paper 1 Multiple Choice May/June 2025
1 hour
You must answer on the multiple choice answer sheet.
*5029970180*
You will need: Multiple choice answer sheet
Soft clean eraser
Soft pencil (type B or HB is recommended)
INSTRUCTIONS
There are thirty questions on this paper. Answer all questions.
For each question there are four possible answers A, B, C and D. Choose the one you consider correct
and record your choice in soft pencil on the multiple choice answer sheet.
Follow the instructions on the multiple choice answer sheet.
Write in soft pencil.
Write your name, centre number and candidate number on the multiple choice answer sheet in the
spaces provided unless this has been done for you.
Do not use correction fluid.
Do not write on any bar codes.
You may use a calculator.
INFORMATION
The total mark for this paper is 30.
Each correct answer will score one mark.
Any rough working should be done on this question paper.
This document has 12 pages. Any blank pages are indicated.
06_9706_12_2025_1.6b
© UCLES 2025 [Turn over
, 2
1 Ahmed and Betty are in partnership. They plan to convert the business from a partnership to a
limited company. Ahmed and Betty will be shareholders.
What is the benefit to Ahmed and Betty as shareholders?
A Disputes between them will be resolved in the annual general meeting.
B Their personal assets are protected.
C Their personal finances are not separate from those of the company.
D The value of their shares will increase.
2 What is the correct double entry to record goods taken for own use by the owner of a business?
debit credit
A drawings inventory
B drawings purchases
C inventory drawings
D purchases drawings
3 Which accounting concepts are applied when depreciating non-current assets?
1 consistency
2 matching / accruals
3 objectivity
4 prudence
A 1 and 2 only
B 1 and 3
C 1, 2 and 4
D 2, 3 and 4
4 Which account balance will be in the credit column of a trial balance?
A carriage inwards
B carriage outwards
C purchases returns
D sales returns
© UCLES 2025 06_9706_12_2025_1.6a
