CAIE AS Level Accounting 9706 · Paper 2
1.5.2Sole traders
Prepare complete sole-trader financial statements and apply year-end adjustments with focused past-paper practice.
- 3
- Papers
- 2023–2024
- Years covered
- Mark-ready practice
Revise before you begin
Key areas to practise
Income statement
Calculate gross profit and profit for the year using clear workings.
Financial position
Classify assets, liabilities and capital in the correct format.
Closing adjustments
Apply inventory, accruals, prepayments and depreciation consistently.
Topical paper library
Past paper questions
Oct/Nov 2024