Accounting (Accounts) | CRACKER

Accounting – CRACKER (Previous Exams Solved Papers) is a chapter-wise compilation of 735+ solved questions covering every CA Foundation examination held to date, including all nineteen attempts from May 2018 through May 2026. It is prepared in strict alignment with the latest ICAI syllabus and study material. The book consolidates the full spectrum of descriptive paper content, including theory questions, practical problems, short notes, distinction-based questions, and true/false statements, into a single structured practice resource. Answers are presented in a step-wise, working-note-supported manner expected in the examination. Its purpose is to take students beyond knowing the subject to writing it, building speed, accuracy, presentation and trend awareness across all 23 chapters of Paper 1.

The Present Publication is the 17th Edition, authored by Dr S.K. Agrawal & CA. Manmeet Kaur, with the following noteworthy features:

• [Every Past Exam Solved] 340+ attempt-and-marks citations spanning all nineteen CA Foundation examinations held since the paper's inception, May 2018 to May 2026, fully updated with questions from the May 2026 paper
• [Attempt-and-Marks Tagging] Every past-exam question carries its source with marks; questions re-tested across attempts display consolidated tags (e.g., [June 2024, 1 Mark]; [May 2026, 3 Marks]), and [Modified] flags identify questions adapted from ICAI's originals
• [Selected RTPs & MTPs of ICAI] 100+ Revision Test Paper and 70 Mock Test Paper from the January 2025 to May 2026 cycles, integrated chapter-wise so practice extends to the question patterns ICAI itself signals
• [300+ Additional Important Questions] A substantial authors' question bank beyond the tagged sources, including 40+ citations from CA Intermediate exams, RTPs and MTPs, covering examinable areas students cannot afford to leave unpractised
• [Marks Distribution Charts] A uniquely designed chapter-wise chart of the last nine attempts (June 2023 to May 2026), coding every question as Practical (P), Theoretical (T) or True/False (T/F), flagging compulsory questions [C] and stating marks, a one-glance map of where weightage and compulsory questions concentrate
• [Mapping with ICAI Study Material] A chapter-wise comparison table linking each of the book's 23 chapters to the exact chapter and unit of the ICAI Study Material (e.g., Accounting Process ↔ Ch. 2, Units 1–5; the six company-accounts chapters ↔ Ch. 11, Units 1–6), enabling seamless cross-referencing during preparation
• [Exam-Ready Solutions] Answers drafted in a complete, presentation-oriented format, point-wise theory answers, tabular distinctions, and practical solutions supported by 135+ working notes that model how answers should be reproduced in the answer sheet

The book spans all 23 chapters of the CA Foundation Accounting syllabus:

• Theoretical Framework
• Meaning & Scope of Accounting | Accounting Concepts, Principles & Conventions | Accounting Standards | Accounting Policies | Accounting as a Measurement Discipline – Valuation Principles, Accounting Estimates | Capital and Revenue Expenditure | Contingent Assets and Contingent Liabilities
• Accounting Process & Adjustments
• Accounting Process (Journal, Ledger, Trial Balance, Cash Book, Subsidiary Books) | Bank Reconciliation Statement | Bills of Exchange (Trade & Accommodation Bills) | Rectification of Errors | Inventory Valuation | Depreciation
• Preparation of Final Accounts
• Final Accounts | Partnership | Accounting from Incomplete Records | Not-for-Profit Organisation
• Company Accounts
• Shares | Debentures | Financial Statement of Companies [Schedule III] | Accounting for Bonus Issue & Right Issue | Redemption of Preference Shares | Redemption of Debentures
• The heaviest practice concentrations mirror exam weightage—Partnership (105 questions), Accounting Process (64 questions), Not for Profit Organisation (58 questions) and Final Accounts (52 questions).

The book follows a strictly exam-aligned architecture:

• Format-wise Organisation — Each chapter consolidates all relevant questions at one place, organised by format—Descriptive Questions, Short Notes, Differences, True or False, and Practical Questions—as applicable to that chapter
• Boxed Question Layout — Questions appear as boxed headers with the attempt-and-marks tag right-aligned, followed immediately by the complete solution; chapters with distinct examinable parts carry sub-sections with independent numbering (e.g., Trade Bill and Accommodation Bill within Bills of Exchange)
• Six-Chapter Company-Accounts Split — The company-accounts portion is deliberately split into six focused chapters—mirroring the six units of ICAI's Chapter 11—so each examinable area gets standalone treatment
• Opening Planning Tools — Two planning tools open the book before chapter-level practice begins: the Chapter-wise Marks Distribution of Past Examinations and the Chapter-wise Comparison with Study Material