Forwarded from CA Notes & Updates : Commerce Updates
80889studentjournal-july2024.pdf
7.3 MB
✅ ICAI Student Journal - July 2024
☑️ Special Issue:
➨ CA Final : Financial Reporting
➨ CA Inter : Adv Accounting
➨ CA Foundation : Accounting
📍Official Download Link :
https://www.icai.org/post/students-journal
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☑️ Special Issue:
➨ CA Final : Financial Reporting
➨ CA Inter : Adv Accounting
➨ CA Foundation : Accounting
📍Official Download Link :
https://www.icai.org/post/students-journal
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Forwarded from CA Exam Tips & Motivational Dose
The Famous Story of The California Gold Rush :
John Stutter left everything and moved to California in 1839.
He was from Switzerland.
California (America) was a land with few people living on it.
John had 50,000 acres of land which he wanted to build into his agricultural empire.
In 1948, he hired a carpenter named James Marshall.
James started work on a water mill.
A water mill uses the flow of water – from a stream or river – to turn a wheel. This turning wheel can then be used to power something.
It was used to cut big pieces of wood, to make flour, and so on.
On Jan 24, 1948, the workers dug out the ground to make way for the structure.
James noticed that there were a few shiny objects in the mud they dug out.
He bent and looked closely. It looked like gold.
James rushed to John Stutter to tell him.
John confirmed with an expert – it was gold.
John Stutter struck a deal with his carpenter, James Marshall.
They would keep this discovery a secret.
Both of them would grow rich mining gold from the site.
Unfortunately for them, there were other people working at the site.
The secret spread.
The word “spread” is an understatement. It reached across America and even the world.
The California Gold Rush
In 1948, the total number of immigrants in all of California was just 1,000 people.
2 years later, this number went up to 1 lakh. Another 2 years later, it went to 3 lakh people.
People from all over America quit their jobs, left their daily lives, and made the difficult journey to reach California.
To dig for gold.
At first, it was just Americans.
But later, as the word spread, people from over 25 countries moved to California.
Many caught horrible diseases. Many got robbed. Many died.
Crime was common.
The ones who reached searched around Stutter’s mill desperately looking for gold.
Later, the search expanded into newer areas of California.
Stutter and Marshall failed to make money out of this gold frenzy.
Stutter’s land was overrun by miners who dug in search of gold. He spent money trying to defend his own land but was unsuccessful.
Some miners struck gold – literally.
There are people who earned millions of dollars in weeks (in today’s money).
This is what everyone dreamt of. To strike gold and get rich – forever.
Many others didn’t.
This was the largest migration in American history.
It was called the California Gold Rush.
Asymmetric Bets
Question: why did they all decide to give up their jobs/lives and move far away to a distant state?
When they heard gold was “discovered”, their assumption was that there was a lot of gold.
And a lot of gold means a lot of money.
People did a rough calculation in their heads.
How much can I gain? And, how many can I lose?
The answer was:
How much can I gain?
– Lots. So much that they never have to work ever again.
How many can I lose?
– Not much. I already have so little.
They were taking an asymmetric bet.
A lot can be gained, but not much can be lost.
It’s like, you tossing a coin: heads you lose Rs 10, tails you win Rs 100.
Some of the biggest successes in the world are the results of asymmetric bets.
Bill Gates started a business.
-The most he could lose: whatever he had then.
-The most he could gain: billions (which was much more than he had).
Education itself is an asymmetric bet.
-You don’t lose much educating yourself.
-But the gains you could make are multi-fold.
Investment – be it your money, time, or effort – should ideally be towards asymmetric bets.
Mind you, there are negative asymmetric bets — where you don’t gain much but can lose a lot.
One of the easiest examples is rash driving: you might save some time. But if something goes wrong, you could meet with an accident.
These are the bets that should be avoided.
Story continue.....
John Stutter left everything and moved to California in 1839.
He was from Switzerland.
California (America) was a land with few people living on it.
John had 50,000 acres of land which he wanted to build into his agricultural empire.
In 1948, he hired a carpenter named James Marshall.
James started work on a water mill.
A water mill uses the flow of water – from a stream or river – to turn a wheel. This turning wheel can then be used to power something.
It was used to cut big pieces of wood, to make flour, and so on.
On Jan 24, 1948, the workers dug out the ground to make way for the structure.
James noticed that there were a few shiny objects in the mud they dug out.
He bent and looked closely. It looked like gold.
James rushed to John Stutter to tell him.
John confirmed with an expert – it was gold.
John Stutter struck a deal with his carpenter, James Marshall.
They would keep this discovery a secret.
Both of them would grow rich mining gold from the site.
Unfortunately for them, there were other people working at the site.
The secret spread.
The word “spread” is an understatement. It reached across America and even the world.
The California Gold Rush
In 1948, the total number of immigrants in all of California was just 1,000 people.
2 years later, this number went up to 1 lakh. Another 2 years later, it went to 3 lakh people.
People from all over America quit their jobs, left their daily lives, and made the difficult journey to reach California.
To dig for gold.
At first, it was just Americans.
But later, as the word spread, people from over 25 countries moved to California.
Many caught horrible diseases. Many got robbed. Many died.
Crime was common.
The ones who reached searched around Stutter’s mill desperately looking for gold.
Later, the search expanded into newer areas of California.
Stutter and Marshall failed to make money out of this gold frenzy.
Stutter’s land was overrun by miners who dug in search of gold. He spent money trying to defend his own land but was unsuccessful.
Some miners struck gold – literally.
There are people who earned millions of dollars in weeks (in today’s money).
This is what everyone dreamt of. To strike gold and get rich – forever.
Many others didn’t.
This was the largest migration in American history.
It was called the California Gold Rush.
Asymmetric Bets
Question: why did they all decide to give up their jobs/lives and move far away to a distant state?
When they heard gold was “discovered”, their assumption was that there was a lot of gold.
And a lot of gold means a lot of money.
People did a rough calculation in their heads.
How much can I gain? And, how many can I lose?
The answer was:
How much can I gain?
– Lots. So much that they never have to work ever again.
How many can I lose?
– Not much. I already have so little.
They were taking an asymmetric bet.
A lot can be gained, but not much can be lost.
It’s like, you tossing a coin: heads you lose Rs 10, tails you win Rs 100.
Some of the biggest successes in the world are the results of asymmetric bets.
Bill Gates started a business.
-The most he could lose: whatever he had then.
-The most he could gain: billions (which was much more than he had).
Education itself is an asymmetric bet.
-You don’t lose much educating yourself.
-But the gains you could make are multi-fold.
Investment – be it your money, time, or effort – should ideally be towards asymmetric bets.
Mind you, there are negative asymmetric bets — where you don’t gain much but can lose a lot.
One of the easiest examples is rash driving: you might save some time. But if something goes wrong, you could meet with an accident.
These are the bets that should be avoided.
Story continue.....
Forwarded from CA Notes & Updates : Commerce Updates
Another Results date by another CCM
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Share your Handwritten Notes which u used during your Exams. 😍😍
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Forwarded from CA Notes & Updates : Commerce Updates
ICAI RESULTS Official Announcement is OUT!!
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Forwarded from CA Exam Tips & Motivational Dose
The middle class finds itself in a constant state of financial struggle. Their primary income is through their salary.
As their wages increase, so do their taxes. Their expenses tend to increase in proportion to their salary increase:
hence, the phrase “the Rat Race.”
They treat their home as their primary asset, instead of investing in income-producing assets. #richdadpoordad
📍 For Daily dose of Motivation & More Amazing Exam Tips Join www.tg-me.com/ICAIexamtips On Telegram.
🛑All Rights Reserved ©2023.
CA Notes & Updates.
As their wages increase, so do their taxes. Their expenses tend to increase in proportion to their salary increase:
hence, the phrase “the Rat Race.”
They treat their home as their primary asset, instead of investing in income-producing assets. #richdadpoordad
📍 For Daily dose of Motivation & More Amazing Exam Tips Join www.tg-me.com/ICAIexamtips On Telegram.
🛑All Rights Reserved ©2023.
CA Notes & Updates.
Forwarded from CA Foundation Notes
CA Foundation Law RTP June 2024 castudynotes com_.pdf
799.5 KB
❇️ CA Foundation Business Law RTP for June 2024 Exam :
By ICAI
Download All RTPs from here
https://tinyurl.com/CA-Found-RTP-June-2024
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✪ ➻ https://tinyurl.com/LAW-and-BCR
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By ICAI
Download All RTPs from here
https://tinyurl.com/CA-Found-RTP-June-2024
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Forwarded from CA Foundation Notes
CA_Foundation_business_Law_Q_MTP_1_June_2024_castudynotes_com.pdf
96.5 KB
🔹CA Foundation Law MTP 1 - June 2024 :
📍Question Paper
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-1-June-2024
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📍Question Paper
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-1-June-2024
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Forwarded from CA Foundation Notes
CA_Foundation_business_Law_A_MTP_1_June_2024_castudynotes_com.pdf
154 KB
🔹CA Foundation Law MTP 1 - June 2024 :
📍Suggested Answers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-1-June-2024
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📍Suggested Answers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-1-June-2024
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Forwarded from CA Foundation Notes
🎁 CA Foundation Mock Test Papers (MTPs) Series- II for June 2024 :
💡Question Papers & Suggested Answers for June 2024 Exams :
━━━━━━━━✯✯✯━━━━━━━━
📍 Paper - 1: Accounting
💙Question Paper
https://www.tg-me.com/canotes_foundation/29117
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29118
📍 Paper - 2: Business Law
💙Question Paper
https://www.tg-me.com/canotes_foundation/29119
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29120
📍 Paper - 3: Maths, LR & Stats
💙Question Paper
https://www.tg-me.com/canotes_foundation/29121
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29122
📍 Paper-4: Business Eco
💙Question Paper
https://www.tg-me.com/canotes_foundation/29123
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29124
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-Series-II-June24
━━━━━━━━✯✯✯━━━━━━━━
📲Download Series I June 2024
https://tinyurl.com/CA-Found-MTP-1-June-2024
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Happy Learning and Keep Sharing
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💡Question Papers & Suggested Answers for June 2024 Exams :
━━━━━━━━✯✯✯━━━━━━━━
📍 Paper - 1: Accounting
💙Question Paper
https://www.tg-me.com/canotes_foundation/29117
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29118
📍 Paper - 2: Business Law
💙Question Paper
https://www.tg-me.com/canotes_foundation/29119
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29120
📍 Paper - 3: Maths, LR & Stats
💙Question Paper
https://www.tg-me.com/canotes_foundation/29121
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29122
📍 Paper-4: Business Eco
💙Question Paper
https://www.tg-me.com/canotes_foundation/29123
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29124
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-Series-II-June24
━━━━━━━━✯✯✯━━━━━━━━
📲Download Series I June 2024
https://tinyurl.com/CA-Found-MTP-1-June-2024
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Forwarded from CA Foundation Notes
CA_Foundation_business_Law_Q_MTP_3_June_2024_castudynotes_com.pdf
152 KB
🔹CA Foundation Law MTP 3 - June 2024 :
📍Question Paper
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTPs-3-June-2024
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📍Question Paper
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTPs-3-June-2024
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CA_Foundation_business_Law_A_MTP_3_June_2024_castudynotes_com.pdf
174.7 KB
🔹CA Foundation Law MTP 3 - June 2024 :
📍Suggested Answers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTPs-3-June-2024
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Download Notes
www.castudynotes.com
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📍Suggested Answers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTPs-3-June-2024
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Forwarded from CA Foundation Notes
🎁 CA Foundation Mock Test Papers (MTPs) Series- III for June 2024 :
💡Question Papers & Suggested Answers for June 2024 Exams :
━━━━━━━━✯✯✯━━━━━━━━
📍 Paper - 1: Accounting
💙Question Paper
https://www.tg-me.com/canotes_foundation/29188
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29189
📍 Paper - 2: Business Law
💙Question Paper
https://www.tg-me.com/canotes_foundation/29190
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29191
📍 Paper - 3: Maths, LR & Stats
💙Question Paper
https://www.tg-me.com/canotes_foundation/29192
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29193
📍 Paper-4: Business Eco
💙Question Paper
https://www.tg-me.com/canotes_foundation/29194
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29195
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTPs-3-June-2024
━━━━━━━━✯✯✯━━━━━━━━
📲Download Series I June 2024
https://tinyurl.com/CA-Found-MTP-1-June-2024
📲Download Series II June 2024
https://tinyurl.com/CA-Found-MTP-Series-II-June24
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Happy Learning and Keep Sharing
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💡Question Papers & Suggested Answers for June 2024 Exams :
━━━━━━━━✯✯✯━━━━━━━━
📍 Paper - 1: Accounting
💙Question Paper
https://www.tg-me.com/canotes_foundation/29188
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29189
📍 Paper - 2: Business Law
💙Question Paper
https://www.tg-me.com/canotes_foundation/29190
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29191
📍 Paper - 3: Maths, LR & Stats
💙Question Paper
https://www.tg-me.com/canotes_foundation/29192
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29193
📍 Paper-4: Business Eco
💙Question Paper
https://www.tg-me.com/canotes_foundation/29194
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29195
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTPs-3-June-2024
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📲Download Series I June 2024
https://tinyurl.com/CA-Found-MTP-1-June-2024
📲Download Series II June 2024
https://tinyurl.com/CA-Found-MTP-Series-II-June24
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Forwarded from CA Foundation Notes
CA Foundation Law QP June 2024 castudynotes com.pdf
856.3 KB
❇️ CA Foundation Business Law June 2024 Exam Question Paper
Will Keep Updating June 2024 Exams All Subject Question Papers in @canotes_foundation as per Exam Schedules
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All Paper at one place 👇
https://tinyurl.com/CA-Foundation-QP-June-2024
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Will Keep Updating June 2024 Exams All Subject Question Papers in @canotes_foundation as per Exam Schedules
Share with ur friends ❤️
All Paper at one place 👇
https://tinyurl.com/CA-Foundation-QP-June-2024
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Forwarded from CA Notes & Updates : Commerce Updates
Word of the Day
Bootstrapping
When a person builds a business with only personal money (without external funds), it is called a bootstrapped business.
In bootstrapping, an entrepreneur can also sometimes raise funds by getting pre-orders for his/her product or service.
The money can then be used to grow the business.
This process allows the founder/owner to maintain full ownership of the business — as raising funds from other investors may reduce his/her ownership in the business.
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Bootstrapping
When a person builds a business with only personal money (without external funds), it is called a bootstrapped business.
In bootstrapping, an entrepreneur can also sometimes raise funds by getting pre-orders for his/her product or service.
The money can then be used to grow the business.
This process allows the founder/owner to maintain full ownership of the business — as raising funds from other investors may reduce his/her ownership in the business.
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Forwarded from CA Foundation Notes
📯CA Foundation Law Sales of Goods ACT handwritten Notes 🙌
https://castudynotes.com/2023/06/12/the-sale-of-goods-act-1930-handwritten-notes/
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Forwarded from CA Foundation Notes
CA Study Notes
CA Foundation Business Law Chapter 3 Sales of Goods Act 1830 Handwritten Notes
Hello Dear CA Students, We are Sharing With You CA foundation Business Laws New Syllabus Chapter CA Foundation Business Law Chapter 3 Sales of Goods Act 1830 Handwritten Notes . So kindly Check Out…
Forwarded from CA Foundation Notes
🎁 CA Foundation Mock Test Papers (MTPs) Series- II for June 2024 :
💡Question Papers & Suggested Answers for June 2024 Exams :
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📍 Paper - 1: Accounting
💙Question Paper
https://www.tg-me.com/canotes_foundation/29117
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29118
📍 Paper - 2: Business Law
💙Question Paper
https://www.tg-me.com/canotes_foundation/29119
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29120
📍 Paper - 3: Maths, LR & Stats
💙Question Paper
https://www.tg-me.com/canotes_foundation/29121
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29122
📍 Paper-4: Business Eco
💙Question Paper
https://www.tg-me.com/canotes_foundation/29123
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29124
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-Series-II-June24
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📲Download Series I June 2024
https://tinyurl.com/CA-Found-MTP-1-June-2024
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💡Question Papers & Suggested Answers for June 2024 Exams :
━━━━━━━━✯✯✯━━━━━━━━
📍 Paper - 1: Accounting
💙Question Paper
https://www.tg-me.com/canotes_foundation/29117
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29118
📍 Paper - 2: Business Law
💙Question Paper
https://www.tg-me.com/canotes_foundation/29119
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29120
📍 Paper - 3: Maths, LR & Stats
💙Question Paper
https://www.tg-me.com/canotes_foundation/29121
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29122
📍 Paper-4: Business Eco
💙Question Paper
https://www.tg-me.com/canotes_foundation/29123
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29124
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-Series-II-June24
━━━━━━━━✯✯✯━━━━━━━━
📲Download Series I June 2024
https://tinyurl.com/CA-Found-MTP-1-June-2024
━━━━━━━━✯✯✯━━━━━━━━
Happy Learning and Keep Sharing
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Forwarded from CA Exam Tips & Motivational Dose
Over thinking is the biggest waste of human energy.
📍 For Daily dose of Motivation, Knowledge & More Amazing Exam Tips Join www.tg-me.com/ICAIexamtips On Telegram
📍 For Daily dose of Motivation, Knowledge & More Amazing Exam Tips Join www.tg-me.com/ICAIexamtips On Telegram