Are you preparing for the Accountant Recruitment Exam 2026 ? Success in this competitive exam requires not only knowledge of accounting principles but also practice with exam-oriented questions. To help aspirants, we have compiled 30 important Accountant exam questions with answers covering accounting, finance, and related concepts. This practice set is ideal for candidates preparing for State and Central Government Accountant posts , PSU Accountant exams , and other finance-related competitive exams. Accountant Recruitment Exam Questions 2026 -Set 1 (15 Questions) MCQ Questions (1–15) Question No. 1: Which account is debited when cash is withdrawn from business for personal use? A. Cash Account B. Drawings Account C. Capital Account D. Bank Account Show Answer Correct Answer: Option B – Drawings Account Question No. 2: The process of recording transactions in chronological order is known as A. Posting B. Journalising C. Casting D. Balancing ...
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