CA Foundation Accounting PYQ January 2026: Question Paper and Solutions

CA Foundation Accounting PYQS Series January 2026 14 Questions Indexed

ICAI Examination Archive & Suggested Answers: This directory indexes questions from CA Foundation Accounting PYQS (January 2026). Open individual questions for available answers and working notes, then use the subject analysis to review historical marks.

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Question directory and available solutions

14 indexed questions. Open a question to read its full statement and available answer.

  1. State with reasons, whether the following statements are True or Fales: (i) Money spent to reduce working expenses is revenue expenditure. (ii)…
  2. What are Accounting Standards? Briefly explain the main advantage of setting Accounting Standards and their limitations.
  3. Mr. Vijay has entered into the following transactions during the month of December, 2025. You are required to journalise the same in his books of…
  4. Mr. A's Trial Balance as on 31 st March, 2025 did not agree and he wrote off the difference to the Profit and Loss Account for that year. Next year,…
  5. Mehta and Company had the following balance appearing in its books of account as on 1 st April, 2024: Particulars Amount (₹) Plant and Machinery A/c…
  6. The Income and Expenditure Account of Global Sports Club for the year ended on 31 st March, 2025 is given as under: Expenditure ₹ Income ₹ To Upkeep…
  7. Ram and Shyam are partners sharing profits and losses in the ratio of 3:2. The Balance Sheet of the firm as at 31 st March, 2025 stood as under:…
  8. A, B and C are partners of M/s ABC LLP sharing profits and losses in the ratio of 3:2:1. The Balance Sheet of the firm as at 31 st March, 2025 stood…
  9. The following is the schedule of balances as on 31 st March, 2025 extracted from the books of Mr. Radhey: Particulars Dr. (₹) Cr. (₹) Advertisement…
  10. Attempt any ONE of the two sub-parts ie either (i) OR (ii) (i) On 30 th November, 2025, the Bank Statement of M/s Rama & Sons showed a Debit balance…
  11. Sumitra is engaged in the business of trading in detergents. She does not maintain proper records of her business. From the following details…
  12. Ajanta Limited issued - 50,000 equity shares of 10 each payable as 3 per share on application, 5/- per share (including 2 as premium) on allotment…
  13. The Balance Sheet of Dynamic Limited as at 31 st March, 2024, inter-alia, includes the following information Particulars Amount (₹) 10,00,000 Equity…
  14. What do you mean by principal books of account? What are the rules of posting of Journal Entries into the Ledger?