CUET Accountancy Question Paper 2026 PDF, Download Question Paper with Answers

CUET Accountancy PYQ Paper PDF Download

It is simple to download CUET Accountancy previous year question papers (PYQs) free of cost from different reliable online sources. Free access to these papers in PDF form is provided below. Just download the papers to begin preparation for the exam.

CUET 2026 Exam Pattern

The CUET exam pattern is made to test candidates on different sections, which include language ability, general knowledge, and specific subject matter. The structure, types of questions, and marking scheme are essential to know to prepare well. In this section, you can go through the test pattern to prepare yourself for the CUET 2026 exam.

CUET 2026 Accountancy Syllabus

The CUET Accountancy syllabus covers key topics that are essential for students aspiring to pursue Commerce and other related fields for higher studies or undergraduate studies. Understanding these topics thoroughly is crucial for scoring well in the exam. In this section, we’ll break down the CUET Accountancy syllabus to help guide your enhanced preparation.

CUET Accountancy Previous Year Question Paper - Questions with solutions

We have given below a few questions of different types from the CUET Accountancy previous year question papers, along with their solutions. These questions will help you gain confidence about your preparation, know the difficulty level and enhance your preparation.

Q 1. As per the Receipts and Payments Account for the year ended on March 31, 2020, subscriptions received were ₹ 2,50,000, subscriptions outstanding on 1-04-2019 were ₹ 50,000, Subscriptions received in advance as on 31-3-2020 are ₹ 30,000.

Subscriptions for the year 2019-20 will be:

A: ₹ 2,30,000

B: ₹ 1,50,000

C: ₹ 2,40,000

D: ₹1,70,000

Correct option: D

Solution: Amount is to be credited to Income & Expenditure A/c = Amount as per Receipts and Payments A/c – Opening outstanding subscription + Closing outstanding subscription – Closing advance subscription + Opening advance subscription
Amount is to be credited to Income & Expenditure A/c = ₹ 2,50,000 - ₹ 50,000 + Nil - ₹ 30,000 + Nil = ₹ 1,70,000.

Q 2. At the time of admission of a new partner general reserve appearing in the old balance sheet is transferred to

A: All Partner's Capital A/C

B: New Partner's Capital A/C

C: Old Partner's Capital A/C

D: Gaining Partner's Capital A/C

Chapter name: Admission of a partner

Correct option: C

Solution: At the time of admission of a new partner, free reserves like general reserves, credit balance of profit and loss, and deferred revenue expenditures are to be borne by old partners in the old profit sharing ratio and hence, transferred to the Old Partner’s Capital A/c.

Q 3. Match List I with List II

Choose the correct answer from the options given below:

A: A - I, B - III, C - II, D - IV

B: A-IV, B - I, C - III, D - II

C: A - II, B - I, C - IV, D - III

D: A-III, B - IV, C - I, D - II

Correct option: C

Solution: Following is the correct match- A-II, B-I, C-IV, D-III

Q 4. On the retirement of a partner, the retiring partner's capital account will be credited with

A: His/her share of Goodwill

B: Goodwill of the firm

C: Share of Good Will of Remaining Partners

D: His/her share of Goodwill and the share of Goodwill of the Remaining Partners

Correct option: A

Solution: On the retirement of a partner, the retiring partner’s capital account will be credited with

The retiring partner’s share of goodwill. Journal entry will be:

JOURNAL ENTRY

Q 5. Journal entry to be passed for unrecorded assets for preparing Revaluation A/C at the time of Retirement of a partner will be

A: Assets A/C Dr. To all Partners capital A/C

B: Assets A/C Dr. To Revaluation A/c

C: Revaluation A/C Dr. To assets A/C

D: Revaluation A/C Dr. To old partner's capital A/C

Correct option: B

Solution: Following is the journal entry:

JOURNAL ENTRY

Choose the correct answer from the options given below:
A: A-IV, B - I, C - II, D - III
B: A-III, B - IV, C - I, D - II
C: A - I, B - IV, C - II, D - III
D: A-II, B - I, C - IV, D - III

Correct option: B

Solution: Following is the correct match- A-III, B-IV, C-I, D-II

Q 7. Match List I with List II

Choose the correct answer from the options given below:

A: A-IV, B - I, C - II, D - III

B: A-III, B - I, C - II, D - IV

C: A-III, B - IV, C - II, D - I

D: A-III, B - IV, C - I. D - II

Correct option: B

Solution: Following is the correct match- A-III, B-I, C-II, D-IV

Q 8. At the time of retirement of a Partner, the remaining gaining partners should compensate the_____

A: Remaining Partners only

B: Retiring Partners only

C: Retiring Partners, as well as remaining partners who have sacrificed

D: Sacrificing partners only

Correct option: C

Solution: At the time of retirement of a Partner, the remaining gaining partners should compensate the retiring partners as well as the remaining partners who have sacrificed.

JOURNAL ENTRY

Q 9. If a partner retires in the middle of the year/their share of profit from the date of the last balance sheet till the date of retirement will be transferred to :

A: Profit & Loss A/C credit side

B: Profit & Loss suspense A/C debit side

C: Retiring partner's capital A/C debit side

D: Profit & Loss suspense A/C credit side

Correct option: B

Solution: Following is the journal entry

JOURNAL ENTRY

Q 10. If debentures are converted into equity shares, it is a/an :

A: Inflow of cash

B: No flow of cash

C: Outflow of cash

D: Cash and Cash equivalents

Correct option: B

Solution: If debentures are converted into equity shares, it shows no flow of cash; hence, it will not be shown in the cash flow statement.

Q 11. Match List I with List II in the context of not having a partnership deed.

Choose the correct answer from the options given below:

A: A-IV, B - I, C - III, D - II

B: A-III, B - IV, C - II, D - I

C: A-IV, B - III, C - II, D - I

D: A-III, B - II, C - IV, D - I

Correct option: D

Solution: Following is the correct match- A-III, B-II, C-IV, D-I

Q 12. What is the correct sequence of allotment of shares

A. Allotment money received

B. Inviting applications from investors

C. Allotment Due

D. Application money received

E. Share Call Money Due

Choose the correct answer from the options given below :

A: E, C, A, B, D

B: A, B, C, D, E

C: B, D, C, A, E

D: C, A, E, D, B

Correct option: C

Solution: Following is the correct sequence of allotment of shares-

B: Inviting applications from investors

D. Application money received

C: Allotment due

A: Allotment money received

E: Share the call money due

Q 13. What is the correct sequence of types of capital in a company's Balance sheet while preparing notes to accounts?

A. Issued Capital

B. Subscribed and fully paid-up capital

C. Share forfeited Balance

D. Authorised Capital

E. Subscribed but not fully paid up capital

Correct option: B

Solution: Following is the correct sequence of types of capital in a company’s Balance Sheet while preparing notes to accounts-

D: Authorised Capital

A: Issued Capital

B: Subscribed and fully paid-up capital

E: Subscribed but not fully paid up capital

C: Share forfeited balance

Q 14. Identify the correct sequence to find out the profit after tax while preparing a comparative income statement

A. Deduct expenses

B. Find out the total revenue by adding other incomes to revenue from operations

C. Find out the profit after tax

D. Deduct tax

E. Calculate profit before tax

Correct option: B

Solution: Following is the correct sequence to find out profit after tax while preparing a comparative income statement-

B: Find out the total revenue by adding other incomes to the revenue from options

A: Deduct expenses

E: Calculate profit before tax

D: Deduct tax

C: Find out the profit after tax

Explanation:

STATEMENT OF PROFIT & LOSS

For the year ending …

Q 15. If the net profit made during the year is ₹ 50,000 and the bills receivable have decreased by ₹ 10,000 during the year, then the cash flow from operating activities will be:

A: ₹ 40000

B: ₹ 60000

C: ₹ 30000

D: ₹ 20000

Correct option: B

Solution:

Net profit made during the year = ₹ 50,000

(+) Decrease in Bills Receivable = ₹ 10,000

Cash flow from operating activities = ₹ 60,000

Q 16. The capital accounts of partners will always show a _____ balance under the fixed capital account method

A: Debit

B: Credit

C: Zero

D: Negative

Correct option: B

Solution: Under the fixed capital account method, all transactions other than the introduction of additional capital and withdrawal of capital are recorded in the Partner’s Current Account; that is why the Partner’s Capital Account will always show a credit balance.

Q 17. Aman and Mohan, partners of a firm, decided to dissolve the business on 31-03-22. The firm decided to pay realisation expenses of ₹ 1,000 on behalf of Mohan. ₹ 1000 will be debited to

A: Realisation A/C

B: Mohan's capital A/C

C: Bank A/C

D: Aman's capital A/C

Correct option: B

Solution: Following is the journal entry

JOURNAL ENTRY

Q 18. Common size analysis is also known as

A: Horizontal Analysis

B: Vertical Analysis

C: Cash Flow Analysis

D: Ratio Analysis

Correct option: B

Solution: Using a common base amount as the % for each line item on a financial statement, common size analysis is a useful financial tool. It is also known as vertical analysis.

Q 19. Calculate the amount of yearly interest payable on 9% debentures (10,000 debentures of ₹ 100) issued as collateral security.

A: No Interest payable

B: ₹ 90,000

C: ₹ 9000

D: ₹ 99000

Correct option: A

Solution: When debentures are issued as collateral security, interest will not be paid as the lender no longer owns such debentures.

Q 20. If the net profit earned during the year is ₹ 1,00,000 and the amount of Bills receivable in the beginning and the end of the year is ₹ 20,000 and ₹ 40,000 respectively, then cash flow from operating activities will be:

A: ₹60,000

B: ₹ 1,00,000

C: ₹80,000

D: ₹ 1,20,000

Correct option: C

Solution: Net profit earned during the year = ₹ 1,00,000

(-) Increase in Bills Receivables (40,000 – 20,000) = (₹ 20,000)

Cash flow from operating activities = ₹ 80,000

Importance of PYQs

There are multifaceted benefits of practising PYQs before giving the actual exam:

• Understanding Exam Pattern: PYQs make you aware of the kind of questions, pattern, and structure of the CUET Accountancy exam.

• Understanding Key Topics: Previous year papers identify recurring topics, so you can concentrate your study on key topics.

• Better Time Management: Practice with PYQs regularly enhances your speed and efficiency, allowing you to use time well in the actual exam.

• Boosting Confidence: Practice in PYQs increases confidence and minimises examination anxiety by offering a true experience of the exam setting.

• Improved Understanding of Question Patterns: PYQs acclimate you to question wording and complexity, allowing it to become simple to approach them during an examination.

• Self-Assessment: Solved PYQs allow you to measure the level of your preparation and understand weak areas requiring more emphasis.

• Reinforcement of Concepts: Practising with PYQs strengthens your grasp of key concepts and accounting processes.

CUET 2025 Accountancy Question Paper

Practising the CUET 2025 Accountancy question paper can significantly contribute to your preparation for future attempts. Familiarising yourself with it will assist you in identifying important concepts and the type of questions to be expected.

CUET 2024 Accountancy Question Paper

The CUET 2024 Accountancy question paper is important in knowing the pattern of the exam and the kind of questions asked over the years. Studying the CUET 2024 question paper familiarises you with the structure, topics, and question types, making your preparation more efficient and effective.

CUET 2023 Accountancy Question Paper

CUET 2023 Accountancy question paper gives precious insights into the exam pattern and commonly asked subjects. By looking through this paper, you get to know what kind of questions are asked and direct your study in the way that is of most importance to you.

Chapter-wise MCQs for CUET 2026 Accountancy

The aspirants can practice selected chapter-wise questions from each topic of the CUET Accountancy syllabus, from Accounting not-for-profit organisations to ratios.