Ib G Jun17 Accn2 Mark Scheme |link|

Understanding the Mark Scheme

A mark scheme is essentially a guide that provides details on how marks are awarded for various parts of an assessment. For IB DP Group 2 subjects, these could include:

| Item | Marks | Notes | |------|-------|-------| | Trading account – correct format | 2 | Title, separation from P&L, working | | Sales (less returns) | 1 | Correct net sales | | Opening stock + Purchases | 1 | Plus carriage inwards (if any) | | Less closing stock | 1 | OFR allowed | | Gross profit (balance) | 1 | Must be labelled | | Expenses: | | – Wages (trial balance + accrued) | 2 | 1 for adding accrual | | – Rent (trial balance – prepayment) | 2 | 1 for deducting prepayment | | – Depreciation | 2 | 1 for calculation (£20,000 × 10% = £2,000) | | – Bad debts (write-off) | 1 | P&L debit | | – Provision for doubtful debts | 2 | 1 for calc (5% of net receivables), 1 for adjustment (increase/decrease) | | Net profit | 1 | OFR | | Balance sheet – Non-current assets (cost – depn) | 2 | Separate cost and accumulated depn | | Current assets (stock, receivables less provision, prepayment, bank) | 3 | List correct order | | Current liabilities (payables, accrual) | 1 | | | Capital – opening + net profit – drawings | 2 | OFR | | Total marks | 28 | | Ib G Jun17 Accn2 Mark Scheme

General Marking Principles (AQA Style)

Examiners follow these universal rules:

Analyze the "Max Marks": Notice which sections offer the most points. Usually, the final evaluative questions carry significant weight and require a structured "Conclusion" to reach the top mark band. Conclusion Understanding the Mark Scheme A mark scheme is

1. Paper 1: Receptive Skills (Listening and Reading)
2. Paper 2: Productive Skills (Writing and Speaking)

Studocu: Detailed breakdown of the June 2017 specific entries. Paper 1: Receptive Skills (Listening and Reading) Paper

The IB G Jun17 Accn2 Mark Scheme also has implications for educators: