One day, all these late nights, doubts, revisions & sacrifices will make sense. Until then — no shortcuts, no excuses. Just keep going. 🖤📚☕️
#CAFoundation#CAlife#CAJourney#StudyMotivation
Issue, Forfeiture & Re-issue of Shares 📚
Issue seems easy.
Forfeiture adds the twist.
And Re-issue? That’s where the real calculation begins. 😵💫
One small mistake in Share Capital A/c or Securities Premium A/c and the whole answer can go wrong.
🔥
#CA
The ultimate battle for Asian supremacy! India locks horns with Pakistan for the Gold Medal in Nagoya. 🏆
Shreyas Iyer & Co. are all set to script history today. Post your predictions below! 👇👇
#INDvPAK#AsianGames#CricketToday#IndiaVsPakistan
Economics teaches you one thing pretty clearly:
Unlimited wants + limited resources = unlimited confusion in the exam. 💀📚
#CAFoundation#Economics#CAStudents
In Accounts, every mistake doesn’t mean the Trial Balance will disagree. 👀
Some errors affect only the classification or amount of an account — and the Trial Balance can still tally!
That’s why Rectification of Errors is all about finding what the numbers are hiding. 📚
#CA
A leader who lived simply, served selflessly, and inspired a nation. 🇮🇳
Remembering Lal Bahadur Shastri Ji on his birth anniversary. 🙏
“Jai Jawan, Jai Kisan.” 🇮🇳
2 October | Jantar Mantar 🇮🇳
Gandhi Jayanti ke din AIS(A) ki chief Neha Bora ne Jantar Mantar par protest/andolan ka announcement kiya hai.
Protest mein Gyanesh Kumar ke resignation ki demand ko lekar awaaz uthai jayegi.
#JantarMantar#GandhiJayanti#JantarMantar
Auction Sale 🔨 | Section 64 — Sale of Goods Act
Every lot is a separate contract, and the sale is complete when the auctioneer announces it by the fall of the hammer or in the customary manner. 📚
#CAFoundation#Law#SaleOfGoodsAct#CAStudents
In Economics, every choice comes with a cost. 📚
Total Cost = Fixed Cost + Variable Cost
Understanding how costs behave is the key to understanding a firm’s production decisions. 📈
#CAFoundation#Economics#Cost#CAStudents
🕊️ Truth. Peace. Simplicity.
Remembering Mahatma Gandhi on Gandhi Jayanti. 🇮🇳
May his message of non-violence and truth continue to inspire us to be better, every day.
#GandhiJayanti#MahatmaGandhi#2October#India
A mid-air terror attempt was averted on Flydubai flight FZ1073. An Omani co-pilot stabbed Indian captain Smit Machchhar & sent the plane into a 17k-ft dive. The captain fought back, while passengers & crew subdued the attacker. Plane landed safely in Saudi Arabia. #Flydubai
Rectification of Errors 📚
An error in accounting doesn’t always mean the Trial Balance will disagree.
Some errors affect both sides equally — while others affect only one side.
The key is to identify what was recorded, what should have been recorded, and the difference. 🧠
Section 10 of the Indian Contract Act, 1872 ⚖️
A contract is not just an agreement — it must satisfy the essential conditions of a valid contract.
Free consent + Competent parties + Lawful consideration & object + Not expressly void = Valid Contract. 📚
#CAFoundation#Law
📚 Economics — Law of Demand
Other things remaining constant, when the price of a commodity rises, its quantity demanded generally falls, and vice versa.
In simple words: Price ↑ → Demand ↓ 📉
#CAFoundation#Economics#LawOfDemand#CAStudy
📚 Indian Contract Act, 1872 — Section 2(d): Consideration
Consideration means something done, abstained from doing, or promised to be done/abstained from, at the desire of the promisor.
In simple words: “No consideration, no contract” — subject to exceptions. ⚖️
#law#CA
BRS becomes easy when you stop memorising the rules and start asking one question:
“Bank balance ko Cash Book se Pass Book tak kaise reconcile karna hai?” 🧠📚
Outstanding cheques, deposits in transit & bank charges — understand the reason, not just the treatment.
#Accounts
CA Foundation Economics tip:
Don’t just memorize Demand & Supply — understand why they change.
Clear the basics → understand the concepts → make Economics easier. 📚
#CAFoundation#Economics#CAStudents#ICAI
🚨 BANK STRIKE UPDATE 🏦
The 3-day nationwide bank strike scheduled for 28–30 September 2026 has been DEFERRED after talks between UFBU and IBA.
A joint committee will now examine the demand for declaring the remaining Saturdays as bank holidays.
#BankStrike#Banking#UFBU