Important Questions form all chapters of CBSE class 12 Accountancy

 

Important Questions for CBSE Class 12 Accountancy – Focused Preparation

CBSE Class 12 Accountancy is a crucial subject for commerce students, especially those aiming to pursue careers in CA, B.Com, or finance-related fields. With a vast syllabus covering Partnership Accounts, Company Accounts, and Analysis of Financial Statements, students often feel overwhelmed during board preparation. That’s where important questions for Class 12 Accountancy come into play. These important questions are carefully selected based on the latest CBSE syllabus, past exam trends, and chapter-wise mark distribution. They help students focus on frequently asked and high-weightage topics, ensuring a more efficient and effective revision.

Key topics covered include:

  • Fundamentals of Partnership

  • Admission, Retirement, and Death of a Partner

  • Change in Profit-Sharing Ratio

  • Dissolution of Partnership

  • Issue and Redemption of Shares

  • Cash Flow Statement

  • Ratio Analysis

Practicing these important questions gives students a strong command over the format of journal entries, calculations, and presentation style expected in CBSE exams. They also help improve speed, accuracy, and confidence in handling numerical and theoretical questions alike. Platforms like Home-Tution.com provide chapter-wise important questions with detailed solutions, aligned with the CBSE marking scheme. These resources are ideal for both early preparation and last-minute revision. In summary, using important questions for Class 12 Accountancy is a smart way to target scoring topics, improve exam readiness, and ensure full preparation without the stress of covering the entire textbook in one go.

How to use the Important Questions for class 12 Accountancy 

How to use Important Questions for CBSE Class 12 Accountancy effectively to enhance your board exam preparation:

1. Start with the CBSE Syllabus

Before diving into the important questions, ensure you're aware of the latest CBSE Class 12 Accountancy syllabus. This helps you align the important questions with what’s going to be tested. Focus more on topics like Partnership Accounts, Company Accounts, and Financial Statement Analysis, which carry higher weightage. Read the NCERT textbook and solve the questions with the help of the NCERT Solutions for class 12 Accountancy

2. Use Chapter-Wise Important Questions

Platforms like Home-Tution.com provide chapter-wise important questions with solutions. Use them one chapter at a time. For example, when studying “Admission of a Partner,” solve the related important questions to reinforce your understanding immediately after reading the theory.

3. Solve Without Looking at Solutions

To get maximum benefit, try to solve each question on your own first, without checking the answer. This will train you in recall, accuracy, and speed—three critical elements for success in Accountancy.

4. Refer to Stepwise Solutions

Once done, compare your answers to the step-by-step solutions. This will help you understand how marks are allocated and what CBSE examiners expect in terms of working notes, formatting, and terminology.

5. Use for Revision & Mock Tests

As the exam approaches, use these questions for mock tests. Practice them in a timed environment to boost your confidence. They’re ideal for last-minute revision, focusing only on the most relevant questions that are likely to appear in the exam.

6. Identify Weak Areas

Keep track of the questions or chapters where you make frequent mistakes. Revisit those topics using your textbook or class notes. This strategy ensures you don’t repeat mistakes in the actual exam.

Carefully go through the content given in the Important Questions on accountancy. Firstly, you are required to understand the concept of the chapters, which are given in a summary format in the Important Questions. Then underline and highlight all the important points from the examination point of view.

Benefits of solving Important Questions for class 12 Accountancy

1. If you solve the Important Questions, you would be able to understand the difficult concepts in a much better manner as it provides useful information about the topic. 

2. Once you complete your Important Questions on accountancy, you will be able to quickly recall the important points and the summary of the chapters.

3. Accountancy Important Questions help students to understand the business language and monetary factors, and events.

4. The Important Questions will contain not only the summary of the chapter but also all the important points and conceptual knowledge, which will help students to understand the subject.

5. A lot of short question answers as well as long question answers would be solved in the Important Questions, and at the end would be some unsolved questions which you would be given for practice work so that you can get maximum marks in your examinations.

6. Accountancy is a subject that requires practice, and only with practice can you gather a mastery of the subject.

Frequently Asked Questions

 

Important questions are extremely useful for focused revision, but they are not a complete substitute for the entire syllabus. These questions are carefully curated based on previous year trends, chapter weightage, and the latest CBSE Class 12 Accountancy syllabus. They highlight topics that are frequently asked or carry high marks, like Admission of a Partner, Issue of Shares, or Ratio Analysis.

However, board exams are comprehensive, and questions may also come from less common topics or in unfamiliar formats. Relying only on important questions may leave some gaps in your preparation. That’s why it’s recommended to use these as a supplementary tool alongside NCERT books, class notes, sample papers, and mock tests. The best strategy is to first complete the NCERT textbook, then use important questions for smart revision, time-bound practice, and concept reinforcement. You can also use them for identifying weak areas and improving answer presentation by referring to the stepwise solutions. In short, important questions alone won’t cover 100% of your board exam paper, but they can significantly improve your score when used smartly with other study materials. They help reduce revision time and increase efficiency by focusing on what matters most.

Practicing important questions for Class 12 Accountancy is not just about solving them randomly — it's about using them strategically and consistently. Begin by downloading chapter-wise important questions from trusted platforms like Home-Tution.com, which offer expert-curated content along with detailed solutions.

Follow these steps for effective practice:

  1. Study the Chapter First: Don’t jump directly into questions without reading the basic theory from your NCERT or textbook. Understand formats like journal entries, ledger, balance sheet, and cash flow statements before solving problems.

  2. Solve in Exam Conditions: Time yourself while solving 4–5 questions at a stretch. This helps simulate board exam pressure and improves speed.

  3. Avoid Looking at Solutions Initially: Try each question on your own to strengthen your problem-solving skills. Check solutions only after completing your attempt.

  4. Use Solutions to Learn Answer Framing: The stepwise CBSE-style solutions provided with the questions are great tools for learning how to present answers for full marks. Focus on formats, working notes, and proper headings.

  5. Make a Mistake Logbook: Track the errors you make and revisit those topics or question types.

Practiced regularly, important questions become an excellent tool for reinforcing your knowledge, improving your writing style, and boosting overall exam confidence.

The important questions provided by Home-Tution.com are prepared by qualified Accountancy educators who have a deep understanding of the CBSE Class 12 exam pattern, marking schemes, and question paper trends. These questions are not randomly selected — they are based on detailed analysis of previous year board papers, blueprints, and the latest syllabus issued by CBSE.

What sets them apart is the chapter-wise structure, which makes it easy for students to target one topic at a time. Whether it's Company Accounts, Cash Flow Statement, or Financial Analysis, the questions cover every major concept with clarity and focus. Another key feature is the step-by-step solutions. Unlike brief answers, these solutions are structured in a way that mimics CBSE answer sheet presentation. This helps students learn how to frame their answers, include relevant working notes, and maximize marks — especially in questions involving calculations or journal entries. Home-Tution also updates its content regularly to stay aligned with CBSE changes. If any updates occur in the format or syllabus, the important questions are revised accordingly. In short, students can rely on these important questions not just for revision, but for effective exam simulation, self-assessment, and final preparation. They’re ideal for those who want focused learning without wasting time on less relevant content.

Accountancy cannot be called a difficult subject, but it requires practice, concentration, and time. In the 12th standard, we are not studying this subject for the first time, so the base is set in this standard itself.

To avoid the unnecessary information given in the NCERT textbooks and to focus on the content prescribed by CBSE, you need to go through the Important Questions. 

The correct way to solve the questions given in the Important Questions is to read the whole summary of the chapter and the concept behind it.

To download the chapter-wise Important Questions for Class 12 Accountancy checks out the above page you will get the list of chapters from Class 12 Accountancy then click on the link given in the chapter and download the free pdf in just one click. All the questions are prepared from the CBSE Class 12 Accountancy syllabus and prepared from the NCERT and previous year’s questions papers. 

Yes, all experts and teachers recommend the NCERT textbook for the CBSE board to score good marks in school the Important Questions for Class 12 Accountancy are prepared as per the CBSE Guidelines and available chapter-wise. These Important Questions for Class 12 Accountancy are sufficient for effective revision. 

The best way to use Important Questions for Class 12 Accountancy is to read the theory part of the textbook and try to solve all the questions asked in the NCERT textbook by yourself. Once you solved all the questions now is the right time to solve the HT Important Questions for Class 12 Accountancy.