The Structure of B.Com Programme offered by Kuvempu University on which the question paper is based is as follows:
B.Com, Semester – I
Course – 103: Financial Accounting – I
Course Objective: To acquaint students with the accounting concepts, conventions, accounting process and preparation of Financial Statements
Pedagogy: Combination of lectures, assignments and group discussions
Weekly Teaching Hours: 4 Maximum Marks: 100 Examination Duration: 3 hours
Unit Course Inputs
I. Introduction to Financial Accounting (6 hours): Introduction - Meaning and Definition; Objectives of Accounting; Functions of Accounting; Accounting Concepts and Accounting Conventions.
II. Final Accounts of Sole Trading Concerns (12 hours): Financial Statements – Preparation of Manufacturing Accounts; Profit and Loss Account, and Balance Sheet with respect to current market conditions.
III. Consignment Accounts (16 hours): Introduction, Meaning – Consignor, Consignee; Goods Invoiced at Cost Price, Goods Invoiced at Selling Price, Normal Loss, Abnormal Loss, Valuation of Stock, Stock Reserve, Journal Entries, Ledger Accounts in the Books of Consignor and Consignee.
IV. Accounting for Joint Ventures (15 hours): Introduction, Meaning, Objectives, Distinction between Joint Venture and Consignment; Distinction between Joint Venture and Partnership; Maintenance of Accounts – when separate set of Books are maintained, and when separate set of Books are not maintained with Joint Bank Account and Problems.
V. Final Accounts of Non-profit Organizations (15 hours): Meaning of Non-profit Organization, Need for maintaining Accounts, Financial Statements of Non-profit Organizations, Receipts and Payments Account, Income and Expenditure Account, and Balance Sheet. Capital and Revenue Items – Treatment of special Items, Preparation of Income and Expenditure Account, and Balance Sheet from Receipts and Payments Account and Problems.
Structure of B.Com Programme offered by Kuvempu University 
