ISC Class 12 Accounts Question Paper 2026 is available for download here. Council For The Indian School Certificate Examinations (CISCE) has conducted ISC Class 12 Accounts exam on February 20, 2026 from 2 PM to 5 PM. ISC Class 12 Accounts is divided into three sections: Section A, Section B and C. Students will have to attempt any one from Section B or C. The theory paper will have a total of 80 Marks while Project Work is of 20 Marks.
ISC Class 12 Accounts Question Paper 2026 with Solution PDF (Memory based)
| ISC Class 12 Accounts Question Paper 2026 | Download PDF | Check Solutions |

Shiv, Ravi, and Roshan are partners. During 2023–24, Shiv withdrew ₹15,000 in the middle of each half-year; Ravi withdrew ₹20,000 for personal insurance; Roshan withdrew ₹12,000 from his capital. What is the interest on drawings at 6% p.a.?
Ajay is admitted as a partner. The firm's Balance Sheet shows a Workmen Compensation Reserve of ₹80,000. If a claim of ₹90,000 arises, how is the extra ₹10,000 recorded?
Gokul Ltd. forfeited 1,000 shares of ₹10 each (₹8 called-up) for non-payment of ₹5 allotment (including ₹2 premium). If ₹3,200 was transferred to Capital Reserve after reissuing some shares at ₹7, how many shares were reissued?
Calculate Cash from Operations from the following: Net Profit for the year is ₹10,000 after providing for depreciation of ₹2,000; Trade Creditors decreased by ₹15,000; Outstanding Expenses increased by ₹3,000.
A company took a loan of ₹10,00,000 at 12% p.a. and offered ₹15,00,000 in 8% Debentures as collateral security. Calculate the finance cost for the year.
Explain the term 'cell referencing' in an electronic spreadsheet.
Identify the components required to calculate goodwill using the Capitalisation of Average Profits Method.







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