With the CBSE Class 12 Accountancy exam scheduled for February 24, students are now in the final stretch where focus, accuracy, and presentation matter more than learning new topics. Analysis of last year’s paper shows that the exam rewards clear journal entries, correct adjustments, and neat working notes, rather than tricky calculations.
It is recommend that students use these last hours to revise partnership accounts, company accounts, cash flow statements, and key ratios, while practising fully solved questions from the sample and previous year papers. Staying calm and organised can make the difference between scoring high marks and missing easy points.
Partnership Accounts: Don’t skip the basics
Partnership accounts are often the first part of the paper. Questions usually cover admission, retirement, or death of a partner, along with goodwill and revaluation of assets. Many students lose marks by skipping working notes or writing incomplete journal entries.
Tonight, it is advisable to go through one full partnership question and check your calculations and formats. Understanding sacrificing and gaining ratios and how capital adjustments work can save a lot of time tomorrow.
Focus on step-by-step entries in Company Accounts
Questions on share capital, share forfeiture, reissue, securities premium, and debentures appear every year. These are scoring areas if you follow the right steps. Make sure your journal entries have proper narration and all calculations are checked. Revising one or two solved questions from previous papers can boost confidence and help avoid careless mistakes.
Accuracy matters in Cash Flow and Ratios
Cash Flow Statements are usually included in the paper, especially for operating and financing activities.
Common mistakes happen with dividends, tax adjustments, and non-cash expenses. Ratio questions, like inventory turnover, quick ratio, and trade receivables turnover, are also frequent.
Go over the formulas and understand what goes in the numerator and denominator. Practising just a couple of examples can help you avoid mistakes and save time during the exam.
Use CBSE Accountancy sample and previous papers
The official sample paper for 2025–26 and last year’s papers are a great way to see what to expect. They show which topics are frequently tested, how marks are distributed, and how answers should be presented. Practising one full question from each major topic can help you get comfortable with formats and working notes.
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Download CBSE sample question paper here.
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Download CBSE previous years’ papers here.
Exam-day tips for CBSE Class 12 Accountancy exam
Students appearing for the CBSE Accountancy exam tomorrow are advised to go through the following tips below:
- Start with Your Strongest Areas:
Begin the paper with questions or sections you are most comfortable with, whether it’s partnership accounts, company accounts, or ratios. This builds confidence and ensures you secure marks on questions you are likely to get right.
- Read Questions Carefully:
Before attempting any question, read it fully. Look for key instructions like “prepare journal entries,” “show working notes,” or “calculate the closing balance. ” Misreading a small instruction can lead to unnecessary mistakes.
- Allocate Time Wisely:
Keep an eye on the clock. For example, allow about 45–50 minutes for 6-mark numericals, 20–25 minutes for 3–4 mark questions, and 15–20 minutes at the end to check totals and balances. Don’t spend too long on any one question — it’s better to attempt all questions partially than leave any blank.
- Write Step-by-Step Answers:
CBSE awards step marks. Always show your working notes, calculations, and journal entries clearly. Even if the final answer is slightly off, clear steps can earn you marks.
- Stick to the Standard Formats:
When doing journal entries, ledger accounts, cash flow statements, or ratio tables, you should follow the usual formats you have practised. Clearly marked columns and headings make your work neat and save your teacher from guessing what you have done.
- Double-Check Calculations:
Errors in the calculation of partnership adjustments, share capital, debenture, and cash flow statements alone can cost you a number of marks. Before you proceed, if it is possible, quickly check the totals and balances.
- Handle Long Questions Last:
Save the longer 6-mark numericals or cash flow questions for after you complete the easier parts. This way, you reduce pressure and have more time to carefully complete detailed calculations.
- Stay Calm and Focused:
Don’t panic if a question looks tricky. Take a deep breath, read it slowly, and apply the concepts you know. Remaining calm helps you think clearly and avoid careless errors.
- Underline or Highlight Final Answers:
When writing numericals or ratios, underline your final answer or box it clearly. It helps examiners spot it easily and reduces the chance of missing marks due to messy writing.
- Keep Time for a Final Review:
Reserve the last 10–15 minutes to quickly go through totals, balances, and working notes. Check for missing journal entries, forgotten adjustments, or skipped steps. This final check often recovers marks that would otherwise be lost.
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