Use the content of the "Ib G Jun17 Accn2 Mark Scheme" to create a mastery checklist:
Correctly identifying accounting concepts and terminology.
For example, in the June 2015 mark scheme (which follows the same format as 2017), the "Guidance" for the question on revenue states: "". This shows the examiner the expected calculation and which part (the final figure) is worth the mark.
If you are stuck on a specific question from the June 2017 paper—like a particular ledger account or ratio calculation—tell me the details and I can walk you through the logic! Ib G Jun17 Accn2 Mark Scheme
| Level | Descriptor | Marks | |-------|------------|-------| | 3 | Comprehensive explanation with technical terms (prudence, matching, relevant cost) and clear application | 5–6 | | 2 | Some correct points but lacking detail or clarity; minor errors | 3–4 | | 1 | Basic statement (e.g., “to be careful”) with no development | 1–2 | | 0 | No relevant content | 0 |
Studying the mark scheme will reveal that different question types require different skills. Common question types you will see in the ACCN2 paper include:
The 2017 paper featured a complex question on inventory that required adjusting for "sale or return" goods and damaged stock. Use the content of the "Ib G Jun17
A sole trader has lost his purchase invoices. You are given:
: A repository that hosts multiple years of ACCN2 question papers and mark schemes. Key Content Highlights The June 2017 ACCN2 mark scheme includes solutions for: Bergo Limited
emphasizes that full credit often depends on visible steps, especially in long-form calculations. Watch for Unit Requirements If you are stuck on a specific question
If you lost marks on adjustments like prepayments or depreciation, review the specific ledger account entries required to correct them.
The IB/G/Jun17/ACCN2 mark scheme is a clear guide that prioritizes methodical accounting over simply reaching a final number. By studying the detailed workings provided in the scheme, students can understand how to approach similar problems in their own exams.
Be cautious of paywalled sites claiming to have exclusive access. The Jun17 ACCN2 mark scheme is over seven years old and is widely available for free through legitimate educational sharing.