WBCHSE HS Commercial Law and Preliminaries of Auditing study materials
WBCHSE HS Commercial Law and Preliminaries of Auditing study resources

WBCHSE HS Commercial Law and Preliminaries of Auditing case studies

WBCHSE HS Commercial Law and Preliminaries of Auditing · Put your knowledge to work in context.

The WBCHSE Higher Secondary Commercial Law and Preliminaries of Auditing is a subject offered by the West Bengal Council of Higher Secondary Education for Class XII students in the commerce stream. It introduces learners to the legal framework governing business transactions and the basic principles of auditing. The WBCHSE HS Commercial Law and Preliminaries of Auditing case studies are 5 cases and about 3,361 words.

1

Contract Act - The Tea Offer, Prescribed Mode and Telephone Revocation

On 2 April, Meghna, a tea trader in Siliguri, sends Arun a signed written offer: 800 kg of Darjeeling tea at ₹310 per kg, delivery by 20 April. The offer states: 'This offer remains open until 5 p.m.

808 words, about 4 min
2

Sale of Goods - Retention of Title, Risk and the Unpaid Seller

On 1 June, Sen Traders agrees to sell 400 cotton sarees to Basu Stores at ₹1,200 each, total ₹4,80,000. The written terms say: 'Property in the goods will pass to the buyer only on full payment.

687 words, about 3 min
3

Negotiable Instruments - Forged Endorsement, Collecting Bank and Paying Bank

On 5 January, Ramesh issues a cheque for ₹2,50,000 on Bank X, payable to 'Suresh or order' and crossed 'account payee'. Suresh signs a blank endorsement on the back and hands the cheque to his clerk for deposit into Suresh's account.

649 words, about 3 min
4

Audit Preliminaries - Programme, Sampling and Working Papers in a Small Firm

You are the auditor of Hill View Stores, a partnership firm with turnover ₹4.2 crore. It has 1,850 sales invoices, 620 purchase invoices, and cash sales of ₹18 lakh.

600 words, about 3 min
5

Audit Report - Qualified Opinion, Subsequent Event and Director Pressure

During the audit of Sunrise Foods Pvt. for the year ended 31 March, you find that inventory of ₹1.20 crore has been valued at cost using a method that is no longer appropriate; the correct value is ₹80 lakh.

617 words, about 3 min