Kannada 
PAPER 1 - ACCOUNTING [100 MARKS]
- Theoretical Framework
Meaning and Scope of Accounting.
Accounting concepts
Accounting principles
Accounting conventions
Accounting policies
Accounting estimates
Accounting Standards
Capital expenditure and revenue expenditure
Capital and revenue receipts
Contingent assets and contingent liabilities
Valuation principles - Accounting Process
Principles of double entry book- keeping
Journal
Subsidiary books
Trial balance.
Rectification of errors. - Bank Reconciliation Statement
- Inventories
Technique of inventory valuation and inventory record system. - Depreciation and Amortization
Meaning of Tangible and intangible assets,
Different Methods of computation of depreciation
Accounting treatment of depreciation
Change in depreciation method. - Bills of exchange and Promissory notes
Meaning of bills of exchange and promissory notes and their accounting treatment; accommodation bills. - Preparation of Final accounts of Sole Proprietors
Elements of financial statements, closing adjustment entries, trading account, profit and loss account and balance sheet of manufacturing and non- manufacturing entities. - Financial Statements of Not-for-Profit Organizations
Significance and preparation of receipt and payment account, income and expenditure account and balance sheet, difference between profit and loss account and income and expenditure account. - Accounts from Incomplete Records (excluding preparation of accounts based on ratios).
- Partnership and LLP Accounts
Final accounts of partnership firms and LLPs.
Admission, retirement and death of a partner including treatment of goodwill.
Dissolution of partnership firms and LLPs including piecemeal distribution of assets. - Company Accounts
Definition of shares and debentures.
Issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares.
Redemption of preference shares and debentures (excluding purchase and redemption of own debentures and sinking fund method).
Accounting for bonus issue and right issue.
