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CA Wallah - Official PW Account

24 Apr, 18:59

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'*Quantitative Aptitude: Equations-1 *'✧

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CA Wallah - Official PW Account

24 Apr, 16:29

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'*Business Laws: The Indian Contract Act, 1872 (UNIT 2-5-6)*'✧

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CA Wallah - Official PW Account

24 Apr, 13:43

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📜⚖️ Real Life Case Study: Bombay Burma Trading Corporation Ltd. vs. Aga Muhammad ⚖️📜

🚂🪵 Timber was purchased specifically to be used as railway sleepers. When it was discovered to be unfit for this purpose, the Court held that the contract could be avoided. ⚖️❌

This landmark case highlights the importance of fulfilling the express purpose in contracts. 📚🔍

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CA Wallah - Official PW Account

24 Apr, 11:51

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"Tough roads lead to beautiful destinations — and CA is one of them. Stay focused, stay consistent, and your efforts will turn into success!" 💪📚✨
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CA Wallah - Official PW Account

23 Apr, 18:30

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'*Quantitative Aptitude: Probability -2*'✧

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CA Wallah - Official PW Account

23 Apr, 11:30

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Topic: Accounting Equation  
📘 Short Note:

The Accounting Equation is the foundation of double-entry bookkeeping. It represents the relationship between assets, liabilities, and capital. The equation is:

🔹 Assets = Liabilities + Capital

This equation must always be balanced and helps in ensuring the accuracy of financial statements. Every transaction affects at least two accounts, keeping the equation in balance. For example, purchasing inventory for cash decreases cash (asset) and increases inventory (asset) — the overall value of assets remains unchanged.

Understanding and applying the accounting equation is crucial in preparing journals, ledgers, and final accounts.

✅ Why it’s important for exams?  
- Forms the base of journal entries
- Frequently tested in practical questions
- Core concept in financial accounting

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CA Wallah - Official PW Account

23 Apr, 06:30

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✧'*Accounting: Redemption of Preference Share | Practice Session -16*'✧

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CA Wallah - Official PW Account

22 Apr, 18:30

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'*Quantitative Aptitude: Probability -2*'✧

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CA Wallah - Official PW Account

22 Apr, 06:30

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'*Accounting: Bonus & Right Issue | Practice Session -15*'✧

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CA Wallah - Official PW Account

21 Apr, 18:30

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'*Quantitative Aptitude: Probability -1*'✧

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CA Wallah - Official PW Account

21 Apr, 16:30

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'*Business Laws: The Indian Contract Act, 1872 (UNIT 1-3)*'✧

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CA Wallah - Official PW Account

21 Apr, 10:30

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'*Accounting: Redemption of Debentures | Practice Session -14*'✧

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CA Wallah - Official PW Account

20 Apr, 05:11

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Hello, Students! 🌟 *You're invited!* 🎉

For the grand launch of the *PW SuperClass Centre*—*Patna*! 🎉
📅 Date: April 20th, 2025
📍 Venue: Darbari Govind Complex, 1st Floor, West Boring Road, Canal Rd., Patna – 800001

Join us for an unforgettable day with:
✨ Faculty Interactions | 📘A peek into the learning space | 🎉 Big *surprises* |
🎁 *Free Refreshments* | 🤝 Chance to meet *Nitin Goel Sir* & *Much More*……

🎓 UP TO *100% Scholarship* + *🎉 Demo Classes Are Available*
Launch Offer: *UP TO 50% Off*🥳

🔥 Limited seats —Don’t miss out!
📝 Fill the form now 👇
https://forms.gle/6cJAH5hy9dTZaSw1A
7.3k 0 2 19
CA Wallah - Official PW Account

19 Apr, 16:32

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'*Business Laws: The Sale of Good Act, 1930*'✧

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CA Wallah - Official PW Account

19 Apr, 15:36

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Q4. A firm purchased machinery on 1st July, 2022 for ₹2,00,000. On 1st October, 2024, a part of the machinery purchased on 1st July, 2022 costing ₹50,000 was sold for ₹30,000. Depreciation is charged @10% p.a. on Written Down Value (WDV) basis. What will
Poll
  •   A. ₹16,000
  •   B. ₹15,000
  •   C. ₹20,000
  •   D. ₹17,000
111 votes
7.2k 0 8 21
CA Wallah - Official PW Account

19 Apr, 13:31

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Q3. If the cross elasticity of demand between two goods is positive, it means:
Poll
  •   A. They are complementary goods
  •   B. They are substitutes
  •   C. They are unrelated goods
  •   D. One is a necessity and the other is a luxury
206 votes
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CA Wallah - Official PW Account

19 Apr, 11:33

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Q2. Which of the following is an example of a formal report?
Poll
  •   A. Leave application
  •   B. Monthly performance summary for stakeholders
  •   C. A thank-you email
  •   D. Personal resume
183 votes
6.6k 0 2 22
CA Wallah - Official PW Account

19 Apr, 09:31

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Q1. A minor enters into a contract for purchasing goods for personal use. The contract is:
Poll
  •   A. Void
  •   B. Valid
  •   C. Voidable at the option of the seller
  •   D. Enforceable with guardian’s consent
266 votes
6.7k 0 4 22
CA Wallah - Official PW Account

19 Apr, 06:30

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'*Accounting: Issue, Forfeiture & ReissueIssue of Debentures | Practice Session -13*'✧

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CA Wallah - Official PW Account

18 Apr, 18:32

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'*Quantitative Aptitude: Permutation and Combination -2*'✧

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