🧾 9706/22 October/November 2017 (sfp there)
Ross – Prepare the corrected Income Statement for year ended 31 March 2017
Includes adjustments for sales or return, depreciation, rental prepayment, bad debt—full mark-
weighted question focused on the income statement. ([Link])
9706/22 May/June 2017(sfp there)
B Limited – Prepare Income Statement for year ended 30 June 2016
Involves inventory valuation, provisions, depreciation, accruals/prepayments, debenture
accounting; full income statement required.
9706/22 October/November 2019
X Limited – Prepare Income Statement for year ended 30 April 2019
Covers adjustments for goods on sale/return, bad debt, provision for doubtful debts, depreciation
and recording errors.
9706/22 February/March 2023
Nibras and Raif – Prepare Statement of Profit or Loss for year ended 31 December 2022
A partnership question where students prepare the profit statement before reaching the
appropriation stage. ([Link])
9706/22 February/March 2022
Rafiq – Prepare Income Statement for year ended 31 December 2021
Involves cash/payments analysis, inventory and fixtures adjustments, prepayments, disposal of
assets.
For practice:
1. Download the PDF for each paper (e.g., “9706/22 (Oct/Nov 2017)”), and find the income
statement question
2. Attempt the given adjustments and prepare it in "good style"
3. Check mark schemes — [Link] often includes full solutions
4. Watch supporting video walkthroughs on YouTube (e.g., “Incomplete Records Income
Statement Q1”) for helpful worked examples ([Link], [Link],
[Link])
Here are additional 9706/22 structured/interpretation questions that involve preparing income
statements (statements of profit or loss)—perfect for your practice:
📄 October/November 2020 (9706/22)
Anjali – Prepare Income Statement for the year ended 30 Sept 2020
A non-full-ledger scenario: construct bank reconciliation, cost of sales, gross and net profit—
with data like opening/closing inventory, irrecoverable debts, rental income, depreciation
([Link], [Link]).
📄 February/March 2022 (9706/22)
Rafiq – Prepare Income Statement for year ended 31 Dec 2021
A sole trader question using statements of receipts/payments; adjustments include cash takings,
drawings, goods for private use, disposal of assets, prepayments—followed by a decision-based
section .
📄 February/March 2016 (9706/22)
Seema Ltd – Prepare Income Statement for year ended 30 June 2015
Full company setting: includes depreciation on various asset types, provision for doubtful debts,
irrecoverable debt, revenue adjustments, dividends, reserves .
📄 May/June 2017 (already mentioned)
B Ltd – Income Statement for year ended 30 Jun 2016
Inventory, provisions, depreciation, accruals/prepayments, debentures—all wrapped into one
structured Q.
More from earlier sessions:
Oct/Nov 2017 – Ross (prepare corrected income statement)
Oct/Nov 2019 – X Ltd
Feb/Mar 2022 – Rafiq (detailed above)
📌 Suggested Practice Steps:
1. Download each question (Google “9706/22 Oct/Nov 2020 Anjali”, “9706/22 Feb/Mar
2022 Rafiq”, “9706/22 Feb/Mar 2016 Seema Ltd”).
2. Attempt to prepare the full income statement in "good style".
3. Work through mark schemes (available on [Link]) for full solutions.
4. Check ratios and interpretation in some—e.g., Anjali's gross/net margin; Rafiq's
decision-making.