Telegram Web Link
Stand for the truth, even if you are alone. 🙏🏻🙏🏻💐💐

Salt -VS- Rice...

If
you were to cook 3 cups of rice, would you add 3 cups of salt to it?

Certainly not!

So, in every preparation of rice, the rice always outnumbers the salt, yet a little salt makes a huge difference/impact in the overall outcome.

In the room in which you currently are, look up at the ceiling...

What is the size of the bulb compared to the size of the room? It is probably a ratio of 1:5000.

Yet, darkness flees the entire space once the small bulb is flipped on.

If I am the salt of the earth, and the light of the world, then "little me" has the ability to make big things happen..

Sometimes, because we feel outnumbered or overwhelmed at the sheer magnitude of evil or wrong-doers, we then choose powerlessness, and decide to go with the flow, not standing up for what we believe is right.

Little doesn't mean insignificant.
You are significant. Your presence should make a BIG difference. Stop waiting to be on the side of the majority. They may be the majority, but they are the trivial majority, and you are the impactful minority.

They are the rice of the world, and you are the salt of the world..
They are the room and you are the light.
Make your influence felt!

Remember:

You are the world's seasoning, to make it beautiful...

Have a great week ahead

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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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🧅What Onion teach us about Stocks📈

Tendu Police Station, November 2019.

Police found an empty truck in their area.

A trader from Nashik had complained to the police about not being able to track his goods.

On Nov 11, a truck had left from Nashik, Maharashtra with his goods.
It was supposed to reach Gorakhpur, Uttar Pradesh on Nov 22.

The trader from Nashik had sent 40 tons of onions to a wholesaler in Gorakhpur.

The 40 tons of onions were said to be worth around Rs 22 lakh.
All of it had been stolen.

Onion was selling for around Rs 100 per kg (vs Rs 16 per kg only a few months earlier).

The government explored the idea of buying onions from countries like Egypt and bringing them to India using airplanes.
Onions are an integral part of the Indian diet.

Why were onions so expensive?
India exports many agricultural items. Onions are exported too.
It is believed that in 2019, traders sold too many onions outside India. This led to a shortage of onions within India. And that caused the prices to shoot up.

We have all heard about it – supply and demand.

But how does it happen?
When there is a shortage of items, how does the price shoot up? Who is controlling it? Who decides the new price?
The answer to all of those questions: the market.

Simple Supply and Demand

Let’s say you are trying to sell your house.
Your house has something that most other houses don’t. Maybe a corner plot or a good view.

You put it up for sale for Rs 50 lakh.
Someone comes and offers you Rs 52 lakh. So you’re ready to sell.

But then someone else comes and offers Rs 55 lakh. So now, you will sell the house for Rs 55 lakh.

So just because of the buyers’ willingness to pay a higher price, the price of your house is Rs 55 lakh.

Now, imagine the opposite.
You put it up for sale for Rs 50 lakh. But most buyers want a newer house.

You get one buyer offering to pay Rs 45 lakh. Another one comes and makes a slightly better offer: Rs 47 lakh.

You really need the money. So you sell the house for Rs 47 lakh.
Now, the price of your house is Rs 47 lakh.

The Market

So far, this is quite simple to understand.
It gets more complicated.

When you’re selling a house, it might be very unique. So there’s only one such house on the market.

But what happens when you’re selling something that is not unique? What happens when you are selling something like onions?

There are many sellers. There are many buyers. And there’s competition among them.

Let’s say you are a big buyer. You run a big restaurant chain. You have to buy 50 kg of onions.
You go to the seller who was selling at Rs 20 per kg.

But he only has 30 kg of onions.
You buy 30 kg of onions from him for Rs 20.

But you need 50 kg total. So you still have to buy 20 kg more. You look for the next cheapest option.
There are many sellers but they all want Rs 22.

They know you need more onions – they know you are desperate. So they keep their prices high.
You find another seller who is selling at Rs 21 – and he has enough stocks to sell you 20 kg.
Done.
You bought 50 kg of onions:
-30 kg onion for Rs 20.
-20 kg onion for Rs 21.

Now, let’s make this more interesting.

That same day, news comes in that it has been raining non-stop in Maharashtra. Many fields are flooded.

This means that less onion is going to be produced.

Fearing a shortage of onions, buyers feel like keeping some extra onions at home.

So people start buying more onions.

Sensing this, one shopkeeper raises his price from Rs 21 to Rs 25.
His thinking: ‘People are buying more onions than usual. I am sure people will buy these onions even at a slightly higher price’.

On the other hand, buyers are thinking: ‘Onion prices will rise in the future because of the shortage. Let’s buy as much as possible while it is still relatively cheap’..
This sets off a chain reaction.
Seeing demand, more sellers increase their prices.

1/2

Read Part 2 from here.....

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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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CA_Foundation_business_Law_Q_MTP_1_June_2024_castudynotes_com.pdf
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🔹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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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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🎁 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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CA_Foundation_business_Law_Q_MTP_3_June_2024_castudynotes_com.pdf
152 KB
🔹CA Foundation Law MTP 3  - June 2024 :

📍Question Paper

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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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🎁 CA Foundation Mock Test Papers (MTPs) Series- III 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/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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CA Foundation Law QP June 2024 castudynotes com.pdf
856.3 KB
❇️ CA Foundation Business Law June 2024 Exam Question Paper

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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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C A – Challenge It & Achieve It


“Hopes may vanish, dreams might fulfil but the fierce desire in our soul will definitely reach our goal”.

Yes, I was a CA student who reached the bottom part called failure and yes, I am a CA student who touched the peak of mountain called success.

For me CA profession was not a choice it was my desire to be, after my high school graduation I started my fruitful CA journey.

I scored 97.2% in AP Intermediate exams, then cleared my CPT foundation on my first attempt and literally it was going flawless.

Without any deviations in my confidence levels I gave my IPCC exams.

And it was the day where we all will be eagerly waiting for the positive four golden letters to flash on the screen.

My parents were preplanning my success arrangements on prediction at home as if they have seen my results. And I was like nervous literally to say I was crumbled with mixed emotions.

The moment I heard “Results declared”, I was not able operate my familiar mobile keypad, and then when I saw the screen with letters which I didn’t expect. Slowly my screen was getting blur and I was broken down. My brain got shut for few minutes. I couldn’t even forget that pain.

Then I realized, “Yes, I should digest this and it is not something abnormal happened to me” I questioned why can’t I fight again? Why I am struck? Why won’t I win this time? If they can why can’t I?

I started to fight again and this time I didn’t feel that nervousness like before because I came from that situation. And the screen was ready to show my four letters golden destiny.

Yes, from that day onwards I am called as “Semi Qualified Chartered Accountant”.


By Alekhya K V (Semi Qualified CA)  

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Waiting for results??
CA Final datesheet for Nov'24 Exam

FR - 1st Nov
AFM - 3rd Nov
Audit - 5th Nov
DT - 7th Nov
IDT - 9th nov
IBS - 11th Nov

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Forwarded from CA Foundation Notes
CA Foundation Accounts Q MTP 3 June 2024 castudynotes com.pdf
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🔹CA Foundation Accounts MTP 3 - June 2024 :

📍Question Papers

🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTPs-3-June-2024

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CA Foundation Accounts A MTP 3 June 2024 castudynotes com.pdf
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🔹CA Foundation Accounts 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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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

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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 Accounts QP June 2024 castudynotes com.pdf
8.9 MB
❇️ CA Foundation Accounts June 2024 Exam Question Paper

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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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