Top 30 Questions in Accountancy for Class 12th CBSE Board Exam 2026

As the CBSE Class 12 Accountancy Board Exam 2026 is scheduled for 24th February, scoring high in Accountancy requires smart practice of important and frequently asked questions.

Every year, certain concepts and question patterns are repeatedly tested in the CBSE board examination. Focusing on these high-probability questions can significantly improve accuracy, confidence, and overall marks.

Here are the Top 30 Questions in Accountancy for Class 12th CBSE Board Exam 2026 covers the most important areas from Partnership Accounts, Goodwill, Revaluation, Admission and Retirement of a Partner, Share Capital, Debentures, Financial Statements, Comparative & Common-Size Statements, and the Cash Flow Statement.

Important Accountancy Questions Based on Chapters Covered in the PW Revision Video

The questions highlighted in the revision session are mainly based on high-weightage chapters from the CBSE syllabus. These include:

1. Partnership Accounts

• Admission of a Partner (Revaluation A/c, Goodwill, Capital Adjustment)

• Retirement of a Partner (Gaining Ratio, Accumulated Profits)

• Dissolution of Partnership Firm (Realisation Account)

• Past Adjustments

• Guarantee of Profit

• Workmen Compensation Reserve & Investment Fluctuation Reserve

This unit usually carries the highest weightage and almost always includes one full-length 6-mark question.

2. Company Accounts – Share Capital

• Issue of Shares at Premium

• Over-subscription & Pro-rata Allotment

• Under-subscription

• Forfeiture of Shares

• Reissue of Forfeited Shares

• Calculation of Capital Reserve

3. Debentures

• Issue at Discount and Redemption at Premium

• Calculation of Loss on Issue

• Writing off Discount

• Issue of Debentures for Purchase of Assets
  
  

4. Cash Flow Statement (Indirect Method)

• Cash from Operating Activities

• Investing Activities

• Financing Activities

• Adjustments for Working Capital Changes

Top 30 Questions in Accountancy for Class 12th Board Exam 2026 by PW Commerce Wallah

Here are Top 30 Questions in Accountancy for Class 12th Board Exam 2026 by PW Commerce Wallah: 

Last Minute Preparation Tips for 12th Accountancy Board Exam 2026

Students must follow these smart revision tips:

1. Revise only what you already know. Avoid learning completely new concepts now.

2. Go through Revaluation Account format, Realisation Account format, Partner’s Capital Account format, and Cash Flow Statement format

3. Practice 2–3 Full Journal Entry Questions. Shares & debentures entries must be perfect.

4. Remember Working Notes as CBSE awards marks for proper working notes.

5. Attempt Cash Flow Carefully, i.e. start with Operating Activities. Avoid calculation mistakes in working capital adjustments.