Ib G Jun17 Accn2 Mark Scheme File

In the Jun17 Accn2 paper, roughly 30-40% of marks are not for getting the right number, but for:

Closing stock £5,200; Accrued wages £800; Prepaid rent £400; Depreciation 10% straight line on fixtures (cost £20,000); Bad debt write-off £300; Provision for doubtful debts at 5% of receivables after write-off. Ib G Jun17 Accn2 Mark Scheme