MP Board is conducting the Class 12 Accountancy Board Exam 2026 on February 21, 2026. Class 12 Accountancy Question Paper with Solution PDF is available here for download.

The official question paper of MP Board Class 12 Accountancy Board Exam 2026 is provided below. Students can download the official paper in PDF format for reference.

MP Board Class 12, 2026 Accountancy Question Paper with Solution PDF

MP Board Class 12 Accountancy Question Paper 2026 download iconDownload Check Solutions
MP Board Class 12 2026 Accountancy Question Paper with Solution

Question 1:

Write any two characteristics of financial statements.


Question 2:

Write any two limitations of financial statements.


Question 3:

Write any two objectives of accounting ratios.


Question 4:

Write any two benefits of accounting ratios.


Question 5:

Find out Gross Profit Ratio from the following:
Revenue from Operations = ₹ 1,00,000
Cost of Revenue from Operations = ₹ 65,000


Question 6:

Find out current ratio from the following:
Bank Overdraft ₹ 2,00,000, \quad Cash ₹ 1,50,000, \quad Outstanding expenses ₹ 1,00,000, \quad Stock ₹ 1,50,000


Question 7:

Pass journal entries for the revaluation of the following:
(i) Value of building increased by ₹ 40,000.
(ii) Value of stock decreased by ₹ 10,000.
(iii) Creditors are reduced by ₹ 5,000.


Question 8:

Write the main head and subhead of following items :
(i) Creditors \ldots\ldots (m)
(ii) Patent \ldots\ldots
(iii) Stock \ldots\ldots (d)


Question 9:

Describe the provisions applicable in the absence of partnership deed on the following basis:
(i) Profit - Loss distribution
(ii) Remuneration (of partners)
(iii) Interest on loan given by a partner
(iv) Interest on drawings


Question 10:

What is partnership deed? Explain.

Class 12th Accountancy Important Question Answer