Cambridge
Cambridge AS-Level Accounting P-1 Topical MCQ's By Nouman Malik (Article No. 111)
Cambridge AS-Level Accounting P-1 Topical MCQ's By Nouman Malik (Article No. 111)
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TABLE OF CONTENTS
PREFACE
CHAPTER 1 BANK RECONCILIATION STATEMENTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 2 ACCOUNTING FOR DEPRECIATION
ANSWER KEY
DETAILED ANSWERS
CHAPTER 3 BAD DEBTS AND PROVISION FOR DOUBTFUL DEBTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 4 INVENTORY VALUATION
ANSWER KEY
DETAILED ANSWERS
CHAPTER 5 BASIC FINANCIAL STATEMENTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 6 ACCOUNTING CONCEPTS AND CONVENTIONS
ANSWER KEY
CHAPTER 7 CAPITAL AND REVENUE
ANSWER KEY
DETAILED ANSWERS
CHAPTER 8 SUSPENSE ACCOUNT
ANSWER KEY
DETAILED ANSWERS
CHAPTER 9 CONTROL ACCOUNTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 10 ACCOUNTS FROM INCOMPLETE RECORDS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 11 FINANCIAL STATEMENTS OF PARTNERSHIP
ANSWER KEY
DETAILED ANSWERS
CHAPTER 12 PARTNERSHIP CHANGES & DISSOLUTION
ANSWER KEY
DETAILED ANSWERS
CHAPTER 13 COMPANY BASICS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 14 COMPANY FINAL ACCOUNTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 15 ISSUE OF SHARES AND DEBENTURES
ANSWER KEY
DETAILED ANSWERS
CHAPTER 16 RATIO ANALYSIS – CALCULATION
ANSWER KEY
DETAILED ANSWERS
CHAPTER 17 RATIO ANALYSIS – INTERPRETATION
ANSWER KEY
DETAILED ANSWERS
CHAPTER 18 STATEMENTS OF CASH FLOWS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 19 COSTS, CONCEPTS AND COST CLASSIFICATIONS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 20 JOB AND BATCH ORDER COSTING
ANSWER KEY
DETAILED ANSWERS
CHAPTER 21 ABSORPTION COSTING
ANSWER KEY
DETAILED ANSWERS
CHAPTER 22 BREAK-EVEN AND PROFIT VOLUME ANALYSIS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 23 MARGINAL COSTING AND DECISION MAKING
ANSWER KEY
DETAILED ANSWERS
CHAPTER 24 MARGINAL COSTING – LIMITING FACTORS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 25 BUDGETING
ANSWER KEY
SPECIMEN PAPER 2016-18 299
ANSWER KEY
MAY 2016 – PAPER 12 304
ANSWER KEY
NOVEMBER 2016 – PAPER 12 309
ANSWER KEY
MAY 2017 – PAPER 12 315
ANSWER KEY
NOVEMBER 2017 – PAPER 12 321
ANSWER KEY
PREFACE
CHAPTER 1 BANK RECONCILIATION STATEMENTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 2 ACCOUNTING FOR DEPRECIATION
ANSWER KEY
DETAILED ANSWERS
CHAPTER 3 BAD DEBTS AND PROVISION FOR DOUBTFUL DEBTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 4 INVENTORY VALUATION
ANSWER KEY
DETAILED ANSWERS
CHAPTER 5 BASIC FINANCIAL STATEMENTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 6 ACCOUNTING CONCEPTS AND CONVENTIONS
ANSWER KEY
CHAPTER 7 CAPITAL AND REVENUE
ANSWER KEY
DETAILED ANSWERS
CHAPTER 8 SUSPENSE ACCOUNT
ANSWER KEY
DETAILED ANSWERS
CHAPTER 9 CONTROL ACCOUNTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 10 ACCOUNTS FROM INCOMPLETE RECORDS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 11 FINANCIAL STATEMENTS OF PARTNERSHIP
ANSWER KEY
DETAILED ANSWERS
CHAPTER 12 PARTNERSHIP CHANGES & DISSOLUTION
ANSWER KEY
DETAILED ANSWERS
CHAPTER 13 COMPANY BASICS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 14 COMPANY FINAL ACCOUNTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 15 ISSUE OF SHARES AND DEBENTURES
ANSWER KEY
DETAILED ANSWERS
CHAPTER 16 RATIO ANALYSIS – CALCULATION
ANSWER KEY
DETAILED ANSWERS
CHAPTER 17 RATIO ANALYSIS – INTERPRETATION
ANSWER KEY
DETAILED ANSWERS
CHAPTER 18 STATEMENTS OF CASH FLOWS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 19 COSTS, CONCEPTS AND COST CLASSIFICATIONS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 20 JOB AND BATCH ORDER COSTING
ANSWER KEY
DETAILED ANSWERS
CHAPTER 21 ABSORPTION COSTING
ANSWER KEY
DETAILED ANSWERS
CHAPTER 22 BREAK-EVEN AND PROFIT VOLUME ANALYSIS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 23 MARGINAL COSTING AND DECISION MAKING
ANSWER KEY
DETAILED ANSWERS
CHAPTER 24 MARGINAL COSTING – LIMITING FACTORS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 25 BUDGETING
ANSWER KEY
SPECIMEN PAPER 2016-18 299
ANSWER KEY
MAY 2016 – PAPER 12 304
ANSWER KEY
NOVEMBER 2016 – PAPER 12 309
ANSWER KEY
MAY 2017 – PAPER 12 315
ANSWER KEY
NOVEMBER 2017 – PAPER 12 321
ANSWER KEY
