CBSE Class 12 Accountancy Sample Papers 2026-27
Class 12 Accountancy has a decision built into the exam itself: after a compulsory Part A on Partnership Firms and Companies, Part B asks you to pick one of two entirely different sections — Analysis of Financial Statements or Computerised Accounting — and answer only that one. The 3 free CBSE Class 12 Accountancy (Code 055) sample papers on this page are built for the 2026-27 session to follow the current CBSE question paper design, and each one includes both Part B options in full, so you can practise whichever path your school has taught you. These are not official CBSE sample papers — they are original papers written in-house to match CBSE's pattern, mark allocation and difficulty as closely as possible, each paired with a complete, step-by-step marking scheme.
How the Paper Is Structured
The 80-mark theory paper has 34 questions across two parts:
Part | Content | Questions | Marks |
Part A | Accounting for Partnership Firms and Companies (compulsory for all) | Q1–26 | 60 |
Part B – Option I | Analysis of Financial Statements | Q27–34 | 20 |
Part B – Option II | Computerised Accounting (alternative to Option I) | Q27–34 | 20 |
Within the 34 questions, marks per question follow this pattern:
Question Numbers | Type | Count | Marks Each |
Q1–16 and Q27–30 | MCQs / Assertion-Reason / short factual | 20 | 1 |
Q17–20, Q31–32 | Short Answer | 6 | 3 |
Q21–22, Q33 | Short Answer / disclosure-type | 3 | 4 |
Q23–26, Q34 | Long Answer / full problems | 5 | 6 |
Duration: 3 hours. There is no overall choice, but an internal choice is built into 12 questions total (7 one-mark, 2 three-mark, 1 four-mark and 2 six-mark questions), spread across both parts.
Unit-wise Weightage
Unit | Marks |
Accounting for Partnership Firms | 36 |
Accounting for Companies | 24 |
Part B – Analysis of Financial Statements (if chosen) | 20 |
– of which, Analysis of Financial Statements | 12 |
– of which, Cash Flow Statement | 8 |
Part B – Computerised Accounting (alternative) | 20 |
Total (Theory) | 80 |
Partnership accounting (admission, retirement, death of a partner, dissolution) is the single biggest theme in the paper at 36 marks, so it rewards the most practice. Company accounts (share and debenture issues) follow at 24 marks.
Download Sample Papers
Each PDF pairs the full sample paper (Part A plus both Part B options) with its complete, step-by-step marking scheme in one file.
Sample Paper | |
Sample Paper 1 | |
Sample Paper 2 | |
Sample Paper 3 |
The Other 20 Marks: Project or Practical Work
Accountancy carries 20 marks of internal assessment, split as a Project File (12 marks) plus Viva Voce (8 marks). Which one you do depends on your Part B choice: if you're taking Analysis of Financial Statements, this is a Project on financial statement analysis (comparative statements, ratios, or a cash flow statement for a real or chosen company). If you're taking Computerised Accounting, the same 20 marks instead come from Practical Work in a spreadsheet. Either way, it's assessed by your school across the year, not in the board exam hall — but it still counts toward your final total.
How to Prepare
• Decide your Part B option early (Analysis of Financial Statements or Computerised Accounting) if you haven't already, since your school will teach and assess only one, and your revision time should follow that choice.
• Treat Partnership accounting as the anchor of your preparation: work through admission, retirement, death of a partner and dissolution problems repeatedly, since together they carry more marks than any other single theme.
• Practise writing full journal entries and ledger accounts, not just final answers; CBSE accountancy questions are marked heavily on correct account titles, narration, and the Dr./Cr. format.
• Work through the NCERT Accountancy textbooks (Part I and II) question by question; most numerical problems in the board paper are close variants of NCERT exercises.
• Keep a running note of standard formats: the Profit and Loss Appropriation Account, Revaluation Account, Realisation Account, and Balance Sheet disclosure formats under Schedule III, since presentation is examined as much as the arithmetic.
• Once the syllabus is mostly covered, attempt full papers under a strict 3-hour timer, including whichever Part B option you've chosen, to build the pacing needed for a 34-question paper.
Tips to Score Well
• Show every working note (goodwill calculation, revaluation adjustments, capital adjustments) below the main account; CBSE awards marks for correct workings even if a later figure is carried forward incorrectly.
• Use the correct account name in every entry (e.g. 'Securities Premium A/c', not 'Premium A/c'); examiners are strict about standard nomenclature.
• For MCQs and Assertion-Reason questions, work out the full calculation before choosing an option; several answer choices are deliberately close to catch a rushed guess.
• In Section-48 dissolution questions, always state the order of payment explicitly (outside liabilities, then partners' loans, then capitals) rather than jumping straight to the amounts.
• For company accounts, double-check whether premium and calls are 'included' or 'excluded' in the stated instalment amounts before computing forfeiture or reissue entries; this is the most common place to lose marks.
• Keep 10-15 minutes at the end to recheck that your Balance Sheet or Trial Balance actually balances; an imbalanced total is an easy, visible sign of an error to an examiner.
Frequently Asked Questions
Are these official CBSE sample papers?
No. These are not official CBSE sample papers. They are original practice papers created in-house, designed to match the official CBSE question paper pattern, marking scheme and difficulty level as closely as possible.
Which Part B option should I choose: Analysis of Financial Statements or Computerised Accounting?
This isn't something you choose freely in the exam hall; your school decides which one to teach for the year, based on available resources (a computer lab, for instance, for Computerised Accounting). Check with your school if you're unsure which one you're being taught.
Do these sample papers cover both Part B options?
Yes. Each sample paper includes the full Part A, plus both Part B options in full (Analysis of Financial Statements and Computerised Accounting), so you can practise whichever one applies to you.
How many sample papers are provided, and do they include solutions?
There are 3 sample papers in total. Each PDF contains the full sample paper followed by its complete, step-by-step solution and marking scheme.
Do these sample papers cover the Project or Practical Work marks?
No. These sample papers cover the 80-mark theory paper only. The remaining 20 marks (Project File and Viva Voce, or Practical Work and Viva Voce if you've taken Computerised Accounting) are assessed internally by your school across the year.
Which textbook should I use alongside these sample papers?
The NCERT Accountancy textbooks (Part I and Part II) for Class 12 remain the primary reference. Most CBSE board questions are close variants of NCERT examples and exercises, so working through these thoroughly before attempting sample papers pays off.