Free Practice Questions for BSEB Inter Accountancy
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Key Facts: BSEB Inter Accountancy Exam
~3h 15m
Typical BSEB Intermediate Accountancy theory exam duration
BSEB Intermediate exam pattern (secondary + board logistics)
100 marks
Full Marks theory commerce elective (Accountancy / I.Com)
BSEB Intermediate Accountancy model-paper 220 style logistics
Obj + short/long
Mixed paper; objective work commonly near ~50 marks in model-paper style
BSEB Intermediate Accountancy model-paper reporting
English MCQ adaptation
This free local bank is not the official Intermediate paper format
OpenExamPrep practice policy
BSEB Intermediate Accountancy is a Class 12 public-exam theory elective (I.Com) of Full Marks 100 and about 3 hours 15 minutes, mixing objective work (commonly near ~50 marks in model-paper 220 style) with short/long numericals — not a pure MCQ board paper. This free 2026 bank is an English MCQ study adaptation for NCERT/BSEB-focused Class 12 Accountancy concepts and calculations.
Sample BSEB Inter Accountancy Practice Questions
Try these sample questions to review concepts for the BSEB Inter Accountancy exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.
1A Receipts and Payments Account of a not-for-profit organisation is essentially a:
2Which item appears on the debit (receipts) side of a Receipts and Payments Account?
3Income and Expenditure Account of an NPO is prepared on the:
4Subscription received during the year is ₹1,20,000. Opening outstanding ₹15,000; closing outstanding ₹20,000; opening advance ₹8,000; closing advance ₹12,000. Subscription income is:
5Life membership fees received by a club are generally treated as:
6Sports equipment purchased for ₹80,000 with carriage ₹5,000 appears in the Balance Sheet (before depreciation) at:
7Entrance fees ₹25,000 received; 60% capitalised, rest revenue. Amount credited to Income and Expenditure is:
8Which item is shown on the assets side of an NPO Balance Sheet?
9Opening Capital Fund ₹4,00,000; surplus ₹45,000; legacy ₹30,000 credited to Capital Fund. Closing Capital Fund is:
10Stationery: opening stock ₹6,000; purchases ₹22,000; closing stock ₹4,000. Stationery consumed is:
About the BSEB Inter Accountancy Exam
Bihar Intermediate Accountancy under BSEB covers Class 12 Accountancy aligned to the Board’s Intermediate syllabus and NCERT-style Class 12 Accountancy. Core topics include not-for-profit organisations, partnership fundamentals and goodwill, reconstitution (admission, retirement, death), dissolution, company share capital (issue, forfeiture, reissue), company financial statements, ratio analysis, and cash flow statement basics. Official assessment is a mixed objective–subjective theory paper of about 3 hours 15 minutes for Full Marks 100 (model-paper 220 style). This free local bank provides English four-option MCQs for revision and calculation practice; pair it with official model papers and written numerical practice via biharboardonline.com.
Exam sponsor: Bihar School Examination Board (BSEB). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.
Assessment
BSEB Intermediate Accountancy is a 100-mark theory commerce elective (I.Com and other permitted combinations) under the Intermediate Public Examination. Official 2026-style model-paper logistics (code 220) describe about 3 hours 15 minutes with objective items (commonly reported near ~50 marks of objective work, often with choice among many four-option questions) plus short and long answers — not a pure multiple-choice paper. Hindi/English medium materials are typical; this practice bank is an English-language MCQ study adaptation for NCERT Class 12 Accountancy-focused topics (NPO, partnership, reconstitution, dissolution, company share capital, financial statements, ratios, cash flow). Confirm the current model paper and circulars on biharboardonline.com.
Time Limit
About 3 hours 15 minutes (theory public examination; confirm year’s timetable)
Passing Score
Overall Intermediate subject wording often near a ~30–33% floor for theory electives — verify the current BSEB Intermediate notification. Accountancy is assessed as a 100-mark theory paper in the standard elective pattern (no separate practical component in the usual Accountancy theory description).
Exam / Certification Fees
As notified by BSEB and paid through Intermediate colleges/schools for regular and compartment/improvement sittings (no single fixed public subject fee for all categories).
Exam sponsor websiteFees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.
Our practice resources: topics covered
We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.
Not-for-Profit Organisations
Receipts & Payments, Income & Expenditure, subscriptions, funds, and NPO Balance Sheet.
Partnership Fundamentals
Deed defaults, capitals, appropriations, interest, and goodwill valuation methods.
Reconstitution
Admission, retirement, death — ratios, revaluation, reserves, and goodwill.
Dissolution
Realisation Account, payment order, and realisation results.
Company Share Capital
Issue, premium, pro-rata, forfeiture, reissue, and capital reserve.
Company Financial Statements
Schedule III presentation and comparative statement ideas.
Ratio Analysis
Liquidity, solvency, activity, and profitability ratios with calculations.
Cash Flow Statement
Operating, investing, financing classification and indirect-method adjustments.
Preparing for the BSEB Inter Accountancy Exam
What You Need to Know
- Passing score: Overall Intermediate subject wording often near a ~30–33% floor for theory electives — verify the current BSEB Intermediate notification. Accountancy is assessed as a 100-mark theory paper in the standard elective pattern (no separate practical component in the usual Accountancy theory description).
- Assessment: BSEB Intermediate Accountancy is a 100-mark theory commerce elective (I.Com and other permitted combinations) under the Intermediate Public Examination. Official 2026-style model-paper logistics (code 220) describe about 3 hours 15 minutes with objective items (commonly reported near ~50 marks of objective work, often with choice among many four-option questions) plus short and long answers — not a pure multiple-choice paper. Hindi/English medium materials are typical; this practice bank is an English-language MCQ study adaptation for NCERT Class 12 Accountancy-focused topics (NPO, partnership, reconstitution, dissolution, company share capital, financial statements, ratios, cash flow). Confirm the current model paper and circulars on biharboardonline.com.
- Time limit: About 3 hours 15 minutes (theory public examination; confirm year’s timetable)
- Exam / certification fees: As notified by BSEB and paid through Intermediate colleges/schools for regular and compartment/improvement sittings (no single fixed public subject fee for all categories). Official sources
Using Our Practice Resources
- Work through all 100 available questions
- Review every answer and explanation
- Track weak areas and revisit them
- Use our AI tutor for tough concepts
BSEB Inter Accountancy: Suggested Study Strategy
Frequently Asked Questions
How is BSEB Intermediate Accountancy officially examined?
Accountancy is examined under the Bihar Intermediate Public Examination as a Class 12 theory elective (I.Com and other permitted combinations). 2026-style model-paper logistics (code 220) describe Full Marks 100 and about 3 hours 15 minutes, with objective items commonly near ~50 marks plus short and long numerical/theory answers. Confirm the year’s model paper and circulars on biharboardonline.com.
Is this practice bank the same format as the official Intermediate Accountancy paper?
No. Official BSEB Intermediate Accountancy theory papers mix objective and subjective sections. This bank is an English-language multiple-choice study adaptation for concepts and numericals only — not an official translation, blueprint replica, or full written-paper simulation.
What syllabus does this bank follow?
It is aligned to Bihar Intermediate (BSEB) Class 12 Accountancy / NCERT Class 12 Accountancy style scope: NPO accounts, partnership fundamentals and reconstitution, dissolution, company share capital, company financial statements, ratio analysis, and cash flow statement basics.
What is the pass mark for BSEB Intermediate Accountancy?
Overall Intermediate subject wording is frequently described near a ~30–33% floor for theory electives. Always verify the current BSEB Intermediate notification for exact criteria for your sitting.
Where should I check official model papers and circulars?
Use the Bihar School Examination Board website at biharboardonline.com for Intermediate model papers (including Accountancy codes such as 220-ACCOUNTANCY style materials), syllabi, and exam circulars.