Ib G Jun17 Accn2 Mark Scheme Verified

Based on examiner feedback tied to this mark scheme, here are mistakes that cost students dearly:

The June 2017 Accounting paper 2 mark scheme reflects the IB's emphasis on assessing students' knowledge, understanding, and application of accounting concepts. To achieve high marks, students must demonstrate a clear understanding of financial and management accounting concepts, apply their knowledge to real-world scenarios, and analyze and interpret financial information. The mark scheme provides a clear guide for students and teachers to understand the examiners' expectations and to focus their preparation on key areas of the syllabus. Ib G Jun17 Accn2 Mark Scheme

Share capital (50,000 £1 ordinary shares fully paid), share premium £10,000, revaluation surplus £5,000, retained earnings b/f £22,000. Corporation tax provision £8,000. Proposed dividend 10p per share. Based on examiner feedback tied to this mark