Your Guide to Class 11 Accountancy MCQs

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These CBSE Class 11 Accountancy MCQs are updated for 2026-27, organized by chapter. They help Class 11 students learn the current Accountancy exam style, and build real problem-solving skill along the way.

What Class 11 Students Gain From Accountancy MCQs

  • Organized sets that test your understanding of every important Accountancy topic, chapter by chapter.
  • Accurate answers for every Accountancy MCQ, so you learn the logic behind each correct choice.
  • Strictly based on the 2026 CBSE Accountancy textbook, and guidelines issued by CBSE.
  • A wide range of Class 11 Assertion and Reasoning, Case-based, and Fill-in-the-blanks questions for Accountancy.

Class 11 Accountancy Question Bank, Chapter by Chapter

The 2026-27 Accountancy question sets below are ready for practice. Use them to test yourself, and figure out where to focus before your exams.

Chapter 01 Introduction to Accounting
Chapter 1 Introduction to Accounting MCQs Set 01
Chapter 1 Introduction to Accounting MCQs Set 02
Chapter 1 Introduction to Accounting MCQs Set 03
Chapter 1 Introduction to Accounting MCQs Set 04
Chapter 02 Theory Base of Accounting
Chapter 2 Theory Base of Accounting MCQs Set 01
Chapter 2 Theory Base of Accounting MCQs Set 02
Chapter 2 Theory Base of Accounting MCQs Set 03
Chapter 2 Theory Base of Accounting MCQs Set 04
Chapter 03 Recording of Transactions-I
Chapter 3 Recording of Transactions-I MCQs Set 01
Chapter 3 Recording of Transactions-I MCQs Set 02
Chapter 3 Recording of Transactions-I MCQs Set 03
Chapter 3 Recording of Transactions-I MCQs Set 04
Chapter 3 Recording of Transactions-I MCQs Set 05
Chapter 3 Recording of Transactions-I MCQs Set 06
Chapter 3 Recording of Transactions-I MCQs Set 07
Chapter 3 Recording of Transactions-I MCQs Set 08
Chapter 04 Recording of Transactions-II
Chapter 4 Recording of Transactions-II MCQs Set 01
Chapter 4 Recording of Transactions-II MCQs Set 02
Chapter 4 Recording of Transactions-II MCQs Set 03
Chapter 4 Recording of Transactions-II MCQs Set 04
Chapter 4 Recording of Transactions-II MCQs Set 05
Chapter 4 Recording of Transactions-II MCQs Set 06
Chapter 4 Recording of Transactions-II MCQs Set 07
Chapter 4 Recording of Transactions-II MCQs Set 08
Chapter 05 Bank Reconciliation Statement
Chapter 5 Bank Reconciliation Statement MCQs Set 01
Chapter 5 Bank Reconciliation Statement MCQs Set 02
Chapter 5 Bank Reconciliation Statement MCQs Set 03
Chapter 5 Bank Reconciliation Statement MCQs Set 04
Chapter 5 Bank Reconciliation Statement MCQs Set 05
Chapter 5 Bank Reconciliation Statement MCQs Set 06
Chapter 5 Bank Reconciliation Statement MCQs Set 07
Chapter 5 Bank Reconciliation Statement MCQs Set 08
Chapter 06 Trial Balance and Rectification of Errors
Chapter 6 Trial Balance and Rectification of Errors MCQs Set 01
Chapter 6 Trial Balance and Rectification of Errors MCQs Set 02
Chapter 6 Trial Balance and Rectification of Errors MCQs Set 03
Chapter 6 Trial Balance and Rectification of Errors MCQs Set 04
Chapter 6 Trial Balance and Rectification of Errors MCQs Set 05
Chapter 6 Trial Balance and Rectification of Errors MCQs Set 06
Chapter 07 Depreciation Provisions and Reserves
Chapter 7 Depreciation Provisions and Reserves MCQs Set 01
Chapter 7 Depreciation Provisions and Reserves MCQs Set 02
Chapter 7 Depreciation Provisions and Reserves MCQs Set 03
Chapter 7 Depreciation Provisions and Reserves MCQs Set 04
Chapter 7 Depreciation Provisions and Reserves MCQs Set 05
Chapter 7 Depreciation Provisions and Reserves MCQs Set 06
Chapter 08 Financial Statements - I
Chapter 8 Financial Statements - I MCQs Set 01
Chapter 8 Financial Statements - I MCQs Set 02
Chapter 8 Financial Statements - I MCQs Set 03
Chapter 8 Financial Statements - I MCQs Set 04
Chapter 8 Financial Statements - I MCQs Set 05
Chapter 09 Financial Statements - II
Chapter 9 Financial Statements - II MCQs Set 01
Chapter 9 Financial Statements - II MCQs Set 02
Chapter 9 Financial Statements - II MCQs Set 03
Chapter 9 Financial Statements - II MCQs Set 04
Chapter 9 Financial Statements - II MCQs Set 05
~ Class 11 Accountancy (Old Chapters)
Chapter 11 Accounts from Incomplete Records MCQs Set 01
Chapter 11 Accounts from Incomplete Records MCQs Set 02
Chapter 11 Accounts from Incomplete Records MCQs Set 03
Chapter 11 Accounts from Incomplete Records MCQs Set 04
Chapter 12 Applications of Computers in Accounting MCQs Set 01
Chapter 12 Applications of Computers in Accounting MCQs Set 02
Chapter 12 Applications of Computers in Accounting MCQs Set 03
Chapter 12 Applications of Computers in Accounting MCQs Set 04
Chapter 8 Bills of Exchange MCQs Set 01
Chapter 8 Bills of Exchange MCQs Set 02
Chapter 8 Bills of Exchange MCQs Set 03
Chapter 8 Bills of Exchange MCQs Set 04
Chapter 13 Computerised Accounting System MCQs Set 01
Chapter 13 Computerised Accounting System MCQs Set 02
Chapter 13 Computerised Accounting System MCQs Set 03
Chapter 13 Computerised Accounting System MCQs Set 04
Chapter 13 Computerised Accounting System MCQs Set 05

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Free study material for Accountancy

MCQs for Class 11 Accountancy

Accountancy matters a lot in Class 11, forming the base for what comes next. Since 2026-27 exam patterns now include more MCQs, regular practice pays off.

Benefits of CBSE 2026-27 MCQs for Class 11 Accountancy

  1. Useful for competitive exams: many entrance tests also lean on MCQ-style questions, so this practice carries over.
  2. Sharpens skills: regular MCQ practice improves problem-solving, analytical thinking, and time management together.
  3. Matches exam patterns: CBSE and other boards now lean more on MCQs, so practicing regularly builds real familiarity with the format.
  4. Quick revision: with limited time before exams, chapter-wise MCQs let you revise a lot of ground quickly.
  5. Full topic coverage: these MCQs are designed to touch every topic in the Accountancy book, even the smaller ones.

How to Approach Class 11 Accountancy MCQs

  1. Attempt the easier questions first. This helps you manage time, and leaves more room for the harder ones.
  2. Revise the chapter notes before attempting MCQs - it makes answering a lot smoother.
  3. Try our mock tests for Accountancy to simulate real exam conditions at home.
  4. Review any wrong answers afterward, and understand why - that's how mistakes stop repeating.

Common Mistakes to Avoid While Solving MCQs

  1. Skipping details in the question - small missed words often lead to wrong answers. Read carefully.
  2. Not checking every option - the obvious answer isn't always correct. Review all choices before deciding.
  3. Overconfidence - even if you're sure, it's worth double-checking before finalizing your answer.

How to Download Chapter-wise Accountancy MCQs for Class 11

  1. Click the chapter link above, matched to the latest NCERT textbook for your class and subject.
  2. Scroll down to find the "Download PDF" button.
  3. Save the file to your device from the page that opens.
  4. All PDFs here are free to download.

These Class 11 Accountancy MCQs are built to strengthen your understanding, sharpen problem-solving, and help you do well in exams. With chapter-wise links, free PDFs, and teacher tips, this page is a solid place to prepare from.

FAQs

How much weightage do MCQs have in the CBSE Class 11 Accountancy exam?

For the 2026-27 session, MCQs and objective-type questions carry around 20% weightage. CBSE has introduced 30% competency based questions as MCQs and they are important part of the Class 11 Accountancy paper.

Where can I access chapter-wise Accountancy MCQs for Class 11 with answers?

You can access the latest chapter-wise MCQs for Class 11 Accountancy for free from StudiesToday.com. All questions are based on the latest syllabus and current academic year.

Are Assertion Reasoning and Case Study MCQs included for Class 11 Accountancy?

Yes, our Accountancy practice bank includes the new pattern of Assertion Reasoning and Case Study based MCQs. They have been designed to test the analytical skills of Class 11 students.

How does practicing Accountancy MCQs help in scoring full marks?

Solving Class 11 Accountancy MCQs regularly improves speed and accuracy as these are objective questions can get you 100% marks if your understanding of the topic is clear.

Can I access these Accountancy MCQs on mobile for quick revision?

Yes, all Class 11 Accountancy MCQs and answers are accessible on any device at your convenience.

Is there any charge for Class 11 Accountancy MCQ online tests?

No, all Accountancy Multiple Choice Questions (MCQs), practice papers, and solutions for Class 11 are available for free for students to get more marks school exams.