B.COM PART - I: ACCOUNTING PAST PAPERS SOLUTION
The paper pattern of B.Com Part - I Accounting is simple, There is no section in the paper. Students are required to attempt any five (5) questions out of eight (8) questions. The syllabus consist of the following topics:
Later, some changes were made by University of Karachi in the above syllabus like:
- INTRODUCTION TO ACCOUNTING (Heads of Accounts, Rules of Debit and Credit, General Journal, General Ledger & Trial Balance)
- SPECIAL JOURNALS (Sales Journal, Sales Return and Allowance Journal, Purchase Journal, Purchase Return and Allowance Journal, Cash Receipt Journal, Cash Payment Journal)
- BANK RECONCILIATION STATEMENT (Bank Reconciliation Statement with normal balance, Bank Reconciliation Statement with overdraft balance, Adjusting entries)
- CORRECTION OF ERRORS (Before closing books of accounts, After closing books of accounts)
- ADJUSTING ENTRIES (Merchandise inventory, Depreciation, Bad Debts (Balance Sheet Approach and Income Statement Approach), Accrued Expense, Accrued Income, Prepaid Initially Recorded as Asset, Prepaid Initially Recorded as Expense, Unearned Initially Recorded as Liability, Unearned Initially Recorded as Income)
- FINANCIAL STATEMENTS (Income Statement, Balance Sheet)
- TEN COLUMN WORKSHEET
- CLOSING AND REVERSING ENTRIES
- ACCOUNTING FOR DEPRECIATION (Cost of Fixed Asset, Entries to Purchase Fixed Asset, Methods of Depreciation Including Straight Line Method, Units Production Method, Working Hours Method, Diminishing Balance Method, Sum of the Year's Digit Method, Adjusting & Closing Entries of Depreciation, T-Accounts, Partial Balance Sheet, Disposal of Fixed Asset, Revised Depreciation)
- PARTNERSHIP FORMATION (General Journal Entries, Initial Balance Sheet)
- PARTNERSHIP DISTRIBUTION OF PROFIT AND LOSS (Income Distribution Summary, General Journal Entries, T-Accounts using Fixed Capital Method & Fluctuating Capital Method)
- PARTNERSHIP LIQUIDATION (Liquidation Summary, General Journal Entries, T-Accounts)
- PARTNERSHIP RETIREMENT (Sell of Interest Method, Bonus Method, Goodwill Method, Revaluation Method)
- PARTNERSHIP ADMISSION (Purchase of Interest Method, Bonus Method, Goodwill Method, Sufficient Cash Method, Mix Method, revaluation Method)
- INVENTORY VALUATION (Perpetual Inventory System, Periodic Inventory System, FIFO Method, LIFO Method, Average Method, Gross Profit Method, Retail Price Method, Lower of Cost or Market Method, General Journal Entries)
- VALUATION OF ACCOUNTS RECEIVABLE (Income Statement Approach and Balance Sheet Approach, General and Adjusting Entries, T-Accounts, Partial Balance Sheet)
- VOUCHER SYSTEM
Later, some changes were made by University of Karachi in the above syllabus like:
- SPECIAL JOURNALS was removed.
- Lower of Cost and Market Method of INVENTORY VALUATION was removed.
Principles of Accounting - 1996 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 1996 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 1997 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 1997 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 1998 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 1998 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 1999 Regular & Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2000 Regular & Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2001 Regular & Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2002 Regular & Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2003 Regular & Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2004 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2004 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2005 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2005 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2006 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2006 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2007 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2007 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2008 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2008 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2009 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2009 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2010 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2010 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2011 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2011 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2012 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2012 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2013 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2013 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2014 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2014 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2015 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2015 Private Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2016 Regular Solved Past Paper (B.Com Part - I)
Principles of Accounting - 2016 Private Solved Past Paper (B.Com Part - I)
B.Com - I - Accounting - 2017 Regular Solved Past Paper
B.Com - I - Accounting - 2017 Private Solved Past Paper
B.Com - I - Accounting - 2018 Regular Solved Past Paper
B.Com - I - Accounting - 2018 Private Solved Past Paper
B.Com - I - Accounting - 2019 Regular Solved Past Paper
B.Com - I - Accounting - 2019 Private Solved Past Paper
B.Com - I - Accounting - 2020 Regular & Private Solved Past Paper
B.Com - I - Accounting - 2021 Regular & Private Solved Past Paper
B.Com - I - Accounting - 2022 Regular & Private Solved Past Paper
ADC PART - I: ACCOUNTING PAST PAPERS SOLUTION
University of Karachi has converted B.Com into ADC (Associate Degree in Commerce) under the instructions of HEC (Higher Education Commission). From 2022, B.Com is considered as ADC. Course outline, duration, examination system and all other things remain same. Just degree has been converted into certificate. The students who registered as B.Com, can complete their B.Com and will be termed as B.Com instead of ADC, but students who will take admission after 2022 will be considered as the students of ADC.