Accounting 9706 · AS & A Level

Business acquisition and merger

35 practice questions on Business acquisition and merger, with worked solutions and instant marking.

Consult Source A3 in the Insert.

Feb/March 2018

Read Source A1 from the insert.

Feb/March 2021

Consult Source A in the insert.

Feb/March 2024

Refer to Source A in the insert.

Feb/March 2025

Consult Source B in the insert.

Feb/March 2025

Anjali and Bailey operate as partners, sharing profits and losses in the ratio $3:2$. On 30 April 2016, the partnership statement of financial position was as follows.

May/June 2016

Greaves and Hurst entered into a joint venture and shared profits and losses in the ratio $2:1$.

May/June 2017

Alex and Brown were partners, and they shared profits and losses in the ratio of $3:2$ respectively. C Limited bought the partnership business on 1 November 2016.

May/June 2017

Greaves and Hurst took part in a joint venture, and the profits and losses were divided in the ratio $2:1$.

May/June 2017

Ephraim and Fikriyah are sole traders. They agreed to combine their two businesses into a partnership on 1 October 2017, with profits and losses shared equally.

May/June 2018

Jenny and Thomas, both sole traders, agreed to combine their businesses by forming a partnership with effect from 1 April 2019.

May/June 2019

Use Source A3 in the Insert.

May/June 2020

Read Source A3 in the Insert booklet.

May/June 2020

Look at Source A3 in the insert.

May/June 2021

Please read Source A1 in the insert.

May/June 2021

Refer to Source A3 in the insert.

May/June 2021

Use Source A4 in the insert.

May/June 2022

Read Source C in the insert booklet.

May/June 2023

Refer to Source C in the insert.

May/June 2024

Consult Source C in the insert.

May/June 2025

Husna has operated as a sole trader for many years and has chosen to retire.

Oct/Nov 2016

Wembo and Bob form a partnership and divide profits and losses in the ratio $3 : 2$. A separate business, C Limited, has been operating for many years. Summarised statements of financial position for 31 March 2017 are given.

Oct/Nov 2017

Alfie and Bob had been operating as partners, sharing profits and losses in the ratio of $3:2$. On 1 January 2018, G Limited acquired the partnership business.

Oct/Nov 2018

On 1 January 2018, X Limited took over the partnership business of Amy and Beth.

Oct/Nov 2019

Jack and Paul were two sole traders. On 1 July 2018, they chose to combine their businesses and set up a partnership. Their statements of financial position on 30 June 2018 were as follows.

Oct/Nov 2019

Alice and Bruno chose to transfer their partnership business to D Limited on 31 December 2018.

Oct/Nov 2019

Look at Source A3 in the insert.

Oct/Nov 2020

Consult Source A3 in the insert.

Oct/Nov 2020

Read Source A3 from the insert.

Oct/Nov 2021

Read Source A2 from the insert.

Oct/Nov 2022

Read Source A3 in the insert supplied.

Oct/Nov 2022

This question is about auditing and HJ Limited’s purchase of a business from Suhail.

Oct/Nov 2023

Use Source A in the insert.

Oct/Nov 2024

Use Source A in the insert.

Oct/Nov 2025

Look at Source B in the insert.

Oct/Nov 2025