The Central Board of Secondary Education (CBSE) conducted the Class 12 Accountancy examination on February 24, 2026. The question paper was divided into Part A and Part B and comprised a total of 34 questions. The theory examination was held for 80 marks. After the completion of the exam, commerce stream students who appeared for the CBSE Class 12 Accountancy paper can estimate their probable scores using the CBSE 12th Accountancy 2026 Answer Key. However, candidates are advised to wait for the official answer key, which will be prepared based on expert analysis and student feedback. The CBSE Class 12 Passing Marks 2026 are 33% marks in each subject separately in theory and practical/internal assessments, along with an overall 33% aggregate. You can go through the article below to check more details of the CBSE Class 12 Accountancy Unofficial Answer Key 2026.
CBSE Class 12 Accountancy Answer Key 2026
The Class 12 Accountancy theory paper was divided into two compulsory parts. Part A carried 60 marks, while Part B carried 20 marks. Although Part A was mandatory, Part B offered two options — Financial Statements and Computerised Accounting. The question paper included 1, 3, 4, and 6-mark questions. As per the latest guidelines, the CBSE Class 12 Accountancy paper placed significant emphasis on competency-based questions, which accounted for nearly 50% of the total weightage. Below is the CBSE Class 12 Accountancy Unofficial Answer Key 2026.SET – 67/4/3
| Questions | Answers |
|---|---|
PART - A (Accounting For Partnership Firms And Companies) Question 1: Anita and Priyal were partners in a firm sharing profits and losses in the ratio of 3:2. On 1st April, 2024, their capital accounts showed balances of Rs 3,00,000 and 7,40,000 respectively. The partnership deed provided for interest on capital @ 8% p.a. The firm earned a profit of 28,000 for the year ended 31st March, 2025. Interest on capital allowed to Anita and Priyal was? | (A) Anita Rs 24,000 and Priyal Rs 32,000 |
Question 2: Assertion (A): Goodwill is an intangible asset. Reason (R): Goodwill is the value of the reputation of a firm in respect of profits expected in future over and above the normal profits. | (A) Both assertion and reason are correct and reason is the correct explanation of assertion. |
| Question 3: A portion of the uncalled capital reserved by a company to be called only in the event of winding up of the company is | (D) Reserve Capital |
| Question 4: Dinesh, Siddharth and Naina were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. On 31st March, 2025, they decided to dissolve the firm. On this date, the firm had debtors amounting to Rs 2,10,000 and provision for doubtful debts of Rs 20,000. On dissolution, debtors of Rs 10,000 proved bad and the remaining debtors realised 90%. Amount realised from debtors will be : | (C) Rs 1,80,000 |
| Question 5: Asha, Manan and Niyati were partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. With effect from 1st April, 2025, they agreed to share profits and losses equally. Due to change in the profit sharing ratio, Asha’s gain or sacrifice will be? | (A) Sacrifice 1/6 |
| Question 6: A business earned an average profit of Rs 2,00,000 during the last few years. The value of net assets of the business is Rs 17,00,000 and the normal rate of return in a similar business is 10%. The value of goodwill of the business by capitalisation of super-profits method will be: | (C) 3,00,000 |
Question 7:
(b) As per the provisions of Companies Act, 2013, the amount received as Securities Premium cannot be utilised to |
a - (B) Secured Debenture
b - (C) Purchase fixed assets |
Question 8: Ankur and Angad were partners in a firm sharing profits and losses in the ratio of 8: 7. On 1st July, 2024, Angad advanced a loan of Rs 8,00,000 to the firm. There is no partnership deed. Angad demands interest on loan @ 10% p.a. On 31st March, 2025, the amount of interest on loan to Angad will be: | (A) Rs 36,000 |
Question 9:
(a) Rohan and Meeta were partners in a firm sharing profits and losses in the ratio of 5 : 4. Their capitals were Rs 3,00,000 and Rs 2,00,000 respectively. They admitted Kabir as a new partner for 1/5th share in the profits of the firm. Kabir brought Rs 1,50,000 as his capital. Kabir’s share in the goodwill of the firm was:
|
a - (B) Rs 20,000
b - (C) Rs 60,00 |
SET - 67/1/3
Part A
| Question | Answer |
|---|---|
| Question 1 | (C) 15% |
| Question 2 | (B) Rs 6 Per Share |
| Question 3 | (C) Rs 45,000 |
| Question 4 | (B) 31:41:18 |
| Question 5 | (C) Rs 10,000 will be credited to Realisation Account |
| Question 6 | (C) Nidhi Rs 9000, Kunal Rs 6,000 |
| Question 7 | (C) 4:1 |
| Question 8 | (C) Rs 2,45,000 |
| Question 9 | (A) Both assertion and reason are correct and Reason is not the correct explanation |
| Question 10 | (D) Credit- Rs 3,600 |
| Question 11 | (A) Rs 60,000 |
SET - 67/2/1
| Question No. | Answer |
|---|---|
| Question 1 | (A) Rs 3500 |
| Question 2 | (D) Rs 3000 |
| Question 3 | A – (C) Issuing party paid up bonus shares to the existing shareholders of the company B – (D) Any of the above or with all the above |
| Question 4 | a – (A) Deppan’s Current A/c Dr. Rs 1,000, To Dilshad’s Current A/c Rs 1,000 b – Mansha’s Capital A/c Dr. Rs 1,20,000, To Kabir’s Capital A/c Rs 30,000, To Divya’s Capital A/c Rs 90,000 |
| Question 5 | (D) Out of profits |
| Question 6 | a – (A) Rs 22,00,000 b – (C) Unsecured Debentures |
| Question 7 | (C) 5% |
| Question 8 | b – (A) Debited Rs 20,000 |
| Question 9 | (B) Rs 10,000 |
| Question 10 | a – (C) Rs 30,000 b – (B) Varun Rs 1,50,000, Tarun Rs 1,00,000 |
| Question 11 | (B) Rs 3,60,000 |
| Question 15 | (D) 1:1 |
| Question 16 | (B) 2/15 |
| Question 23 | (i) C – Rs 30,00,000 (ii) B – Rs 28,00,000 (iii) A – Rs 26,70,000 (iv) D – 26,94,000 (v) C – Rs 16,000 |
CBSE Class 12th Accountancy Exam Analysis 2026
Here’s the detailed exam analysis of the CBSE Class 12th Accountancy exam 2026. It includes the overall and section-wise difficulty level of the paper.
| Particulars | Difficulty Level |
|---|---|
| Overall Difficulty Level of Paper | Moderate |
| Difficulty Level of Part A | Easy to Moderate |
| Difficulty Level of Part B | Will be added soon |
| Was The Paper Lengthy? | Mixed Reactions From Students. |
On-Screen Marking Evaluation System for Class 12 Board Exams
The Central Board of Secondary Education (CBSE) has introduced the On-Screen Marking (OSM) system for the evaluation of Class 12 answer sheets. Under this system, answer scripts will be scanned and uploaded digitally, enabling teachers to assess them online from their respective schools. This initiative helps reduce logistical costs, saves time, and ensures greater efficiency, transparency, and accuracy in the evaluation process. However, the evaluation of CBSE Class 10 answer sheets will continue in offline mode in 2026.CBSE Class 12 Accountancy Passing Marks 2026
To pass the Class 12 Accountancy exam conducted by the Central Board of Secondary Education in 2026, students must obtain at least 33% marks separately in both the theory and practical/project components, along with a minimum of 33% overall aggregate marks. Although students may refer to the CBSE Class 12 Accountancy Unofficial Answer Key 2026 to estimate their expected scores, the final marks will be confirmed only after the official results are declared. Students are advised to carefully review their performance in both sections, as passing each component individually is mandatory. The official result will be released online, and students should rely only on the board’s announcement for accurate and confirmed scores.CBSE Class 12 Grading System 2026
Candidates must have a clear understanding of the grading system to accurately calculate their marks. Refer to the table below for a comprehensive overview of the grading system for Class 12th.
| Grades | Range of Marks | Total Points |
|---|---|---|
| A1 | 91 to 100 | 10.0 |
| A2 | 81 to 90 | 9.0 |
| B1 | 71 to 80 | 8.0 |
| B2 | 61 to 70 | 7.0 |
| C1 | 51 to 60 | 6.0 |
| C2 | 41 to 50 | 5.0 |
| D | 33 to 40 | 4.0 |
| E1 | 21 to 32 | Fail |
| E2 | 00 to 20 | Fail |
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