CBSE Class 12 Accountancy Sample Paper 2026-27
CBSE Class 12 · 2026-27 · 80 marks
Master Accountancy for Class 11 and 12
Build conceptual clarity in partnership accounts, company accounts, and financial statements with structured Commerce-first learning support.
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Master this subject with tools & audio:
Official sample papers & solved questions
Overview
Accountancy is one of the core pillars of Commerce. ChampionsPrep helps students build conceptual clarity, improve problem solving, and practise consistently without depending on an expensive all-or-nothing package.
Use the page to move from fundamentals into partnership and company accounts with a clear exam-oriented flow.
Key Topics
Accounting basics
Start with source documents, journals, ledgers, and trial balance before moving into deeper problem solving.
Financial statements
Learn how statements are prepared, read, and used to understand business performance.
Partnership accounts
Cover admission, retirement, dissolution, and the practical logic of profit sharing.
Company accounts and analysis
Reinforce company-accounting concepts and use ratios to interpret financial strength.
Explore Topics
Accountancy Sample Papers
Accountancy Sample Papers concepts, solved questions and exam practice for CBSE Class 12 accountancy.
Accounting for Not-for-Profit Organisation
Master Accounting for Not-for-Profit Organisation for Class 12 Accountancy with structured notes and practice.
Accounting for Partnership: Basic Concepts
Master Accounting for Partnership: Basic Concepts for Class 12 Accountancy with structured notes and practice.
Analysis of Financial Statements
Comparative, common-size statements and tools for interpreting company performance.
Bank Reconciliation Statement
Bank Reconciliation Statement study guide and explainer for HSC Class 11 Commerce.
Cash Flow Statement
Cash Flow Statement concepts, solved questions and exam practice for CBSE Class 12 accountancy.
Company Accounts
Accounting for share capital: issue, allotment, calls-in-arrears/advance, forfeiture, and re-issue of shares.
Depreciation
Depreciation study guide and explainer for HSC Class 11 Commerce.
Double Entry Book-Keeping
Double Entry Book-Keeping study guide and explainer for HSC Class 11 Commerce.
Final Accounts
Final Accounts study guide and explainer for HSC Class 11 Commerce.
Financial Statements
Preparation of Trading Account, Profit & Loss Account and Balance Sheet, including adjustments.
Financial Statements – I
Goodwill Valuation
Nature of goodwill and methods of goodwill valuation: average profit, super profit, and capitalization.
Introduction to Accounting
Introduction to Book-Keeping and Accountancy
Introduction to Book-Keeping and Accountancy study guide and explainer for HSC Class 11 Commerce.
Journal
Journal study guide and explainer for HSC Class 11 Commerce.
Ledger & Trial Balance
Ledger & Trial Balance study guide and explainer for HSC Class 11 Commerce.
Ratio Analysis
Liquidity, solvency, activity, and profitability ratios for analyzing financial statements.
Recording of Transactions – I
Master Recording of Transactions – I for Class 11 Accountancy with structured notes and practice.
Rectification of Errors
Rectification of Errors study guide and explainer for HSC Class 11 Commerce.
Single Entry System
Single Entry System study guide and explainer for HSC Class 11 Commerce.
Subsidiary Books
Subsidiary Books study guide and explainer for HSC Class 11 Commerce.
Theory Base of Accounting
Master Theory Base of Accounting for Class 11 Accountancy with structured notes and practice.
Syllabus
Foundations
Build the bookkeeping and reporting base required for every later chapter.
- Accounting basics
- Journal and ledger
- Trial balance
- Financial statements
Advanced application
Move into the chapters that usually need more practice and clear worked steps.
- Partnership fundamentals
- Admission and retirement
- Company accounts
- Ratio analysis
FAQs
Is Accountancy support available for both Class 11 and 12?
Yes. ChampionsPrep is designed for Class 11 and 12 Commerce students, including those studying Accountancy concepts across both years.
Does Accountancy include practice support?
Yes. Students can use structured learning support, practice flows, and AI-assisted help while studying Accountancy topics.
All Accountancy Articles
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Settlement of Accounts on Dissolution: Section 48 and 49 Explained
On dissolution, Section 48 applies firm assets first to outside debts, then partners' loans, then capitals, and Section 49 separates firm and private debts.
Modes of Dissolution of a Partnership Firm: Complete Guide with Examples
Learn all 5 modes of dissolution of a partnership firm under the Indian Partnership Act, 1932 — by agreement, compulsory dissolution, contingencies.
Dissolution of Partnership vs Dissolution of Firm: Meaning and Key Differences
Confused between dissolution of partnership and dissolution of a firm? Understand the meaning, Section 39 of the Partnership Act.
Adjustment of Partners' Capital on Retirement of a Partner
After retirement, continuing partners redivide capital in the new profit sharing ratio, bringing in any shortfall or withdrawing excess in cash.
Death of a Partner: How Is the Deceased Partner's Claim Settled?
A deceased partner's claim — capital, goodwill, reserves and profit up to the date of death — is settled through an Executor's Account.
How Is the Amount Due to a Retiring Partner Settled?
A retiring partner is settled in cash, by loan transfer, or a mix; unpaid balances move to a loan account governed by Section 37 of the Partnership Act.
Revaluation of Assets and Liabilities & Accumulated Profits on Retirement or Death of a Partner
On a partner's retirement or death, revaluation gains, losses and accumulated profits are shared by all partners in the old profit sharing ratio.
Indian Partnership Act 1932: Key Provisions for Accounting (Class 12 Guide)
Discover what the Indian Partnership Act 1932 says about profit sharing, interest on capital, interest on drawings, partner's loan.
Treatment of Goodwill on Retirement or Death of a Partner
Understand how goodwill is treated when a partner retires or dies — journal entries, hidden goodwill and a solved example for CBSE Class 12 Accountancy.
Sales Book, Sales Return Book & Journal Proper | CBSE Class 11 Accountancy Guide
Master Sales Book, Sales Return Book, and Journal Proper for CBSE Class 11 Accountancy. Learn formats, ledger posting rules, and prep for exams.
New Profit Sharing Ratio and Gaining Ratio on Retirement or Death of a Partner
When a partner retires, each continuing partner's new share is old share plus the share acquired, and the gaining ratio is new share minus old share.
Purchases Book & Purchases Return Book | CBSE Class 11 Accountancy Complete Guide
Master Purchases Book and Purchases Return Book for CBSE Class 11 Accountancy. Learn formats, debit notes, ledger posting, and GST rules to ace your exams!
Start with the Accountancy learning path
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