MCQs for Class 12 Accounts

Multiple choice Questions for Class 12 Accountancy with solutions have been provided below for each chapter in NCERT Book for Class 12 Commerce Accountancy Book. Students can click on the link below for any chapter and refer to the questions and answers provided below. all MCQs for Class 12 Accounts have been provided with solutions so that the students can read the questions and assess their performance.

MCQs for Class 12 Accountancy PDF

Sine MCQs are gaining more importance in Class 12 Accountancy exam, its more important for students to go through the multiple choice questions with answers given below. We have the best collection of MCQs questions for Class 12 Accounts chapterwise which have been created based on the latest books issued by NCERT. You can click on the links below to check out chapter wise questions for your practice

MCQs for Class 12 Accountancy Part 1
Chapter 1: Accounting for Not-for-Profit Organisation
Chapter 2: Accounting for Partnership: Basic Concepts
Chapter 3: Reconstitution of a Partnership Firm – Admission of a Partner
Chapter 4: Reconstitution of a Partnership Firm – Retirement/Death of a Partner
Chapter 5: Dissolution of Partnership Firm

MCQs for Class 12 Accountancy Part 2
Chapter 1: Accounting for Share Capital
Chapter 2: Issue and Redemption of Debentures
Chapter 3: Financial Statements of a Company
Chapter 4: Analysis of Financial Statement
Chapter 5: Accounting Ratios
Chapter 6: Cash Flow Statement


Multiple choice questions normally come in almost every class 12 accountancy examination.  it is basically a question is given with four choices and the students to select the best choice out of the four options which will basically be the answer of the question which has been provided above.  to make sure that the student is able to provide the correct answer there is a requirement to do a lot of practice of such kind of multiple-choice questions for class 12 accountancy as the student will get very limited time to solve these questions in the examination.  the best way to increase your speed and accuracy is by solving as many multiple choice questions as possible based on the collection of questions which have been provided on our website along with the solution.  students can refer to the questions which have been provided for each chapter as per Class 12 NCERT Accountancy book and also refer to the solutions which have been provided below each question. You can refer to more links to download more MCQs for Class 12 Accounts