Forwarded from CA Notes & Updates : Commerce Updates
Bike dealer with 8 employees gets 4800 crore bids for 12 crore IPO
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Forwarded from CA Notes & Updates : Commerce Updates
Word of the Day
Cost of Goods Sold (COGS)
COGS is the total cost a business spends on producing its products.
It includes expenses like raw materials, labour, etc.
It only includes direct costs related to production, not indirect costs like marketing, administrative expenses, etc.
A lower COGS increases gross profit, meaning more revenue remains after covering production costs.
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Cost of Goods Sold (COGS)
COGS is the total cost a business spends on producing its products.
It includes expenses like raw materials, labour, etc.
It only includes direct costs related to production, not indirect costs like marketing, administrative expenses, etc.
A lower COGS increases gross profit, meaning more revenue remains after covering production costs.
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Forwarded from CA Notes & Updates : Commerce Updates
81274studentjournal-aug2024a.pdf
3.6 MB
✅ ICAI Student Journal - August 2024
☑️ Special Issue:
➨ CA Final : AFM
➨ CA Inter : Strategic Management
➨ CA Foundation : Business Law
📍Official Download Link :
https://www.icai.org/post/students-journal
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☑️ Special Issue:
➨ CA Final : AFM
➨ CA Inter : Strategic Management
➨ CA Foundation : Business Law
📍Official Download Link :
https://www.icai.org/post/students-journal
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Forwarded from CA Foundation Notes
CA Found Law RTP Sept 2024 Exam castudynotes com.pdf
258.7 KB
❇️ CA Foundation Business Law RTP for September 2024 Exam :
By ICAI
Download All RTPs from here
https://tinyurl.com/CA-Found-RTPs-Sept-2024
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By ICAI
Download All RTPs from here
https://tinyurl.com/CA-Found-RTPs-Sept-2024
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Forwarded from CA Foundation Notes
CA Found Law Q MTP 1 Sept 2024 Exam castudynotes com.pdf
80.8 KB
🔹CA Foundation Business Law MTP 1 - September 2024 :
📍Question Papers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-1-Sept-2024
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CA Found Law A MTP 1 Sept 2024 Exam castudynotes com.pdf
184 KB
🔹CA Foundation Business Law MTP 1 - September 2024 :
📍Suggested Answers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-1-Sept-2024
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Forwarded from CA Foundation Notes
🎁 CA Foundation Mock Test Papers (MTPs) Series- I for September 2024 :
💡Question Papers & Suggested Answers for September 2024 Exams :
━━━━━━━━✯✯✯━━━━━━━━
📍 Paper - 1: Accounting
💙Question Paper
https://www.tg-me.com/canotes_foundation/29897
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29898
📍 Paper - 2: Business Law
💙Question Paper
https://www.tg-me.com/canotes_foundation/29899
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29900
📍 Paper - 3: Maths, LR & Stats
💙Question Paper
https://www.tg-me.com/canotes_foundation/29901
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29902
📍 Paper-4: Business Eco
💙Question Paper
https://www.tg-me.com/canotes_foundation/29903
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29904
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-1-Sept-2024
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Happy Learning and Keep Sharing
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💡Question Papers & Suggested Answers for September 2024 Exams :
━━━━━━━━✯✯✯━━━━━━━━
📍 Paper - 1: Accounting
💙Question Paper
https://www.tg-me.com/canotes_foundation/29897
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29898
📍 Paper - 2: Business Law
💙Question Paper
https://www.tg-me.com/canotes_foundation/29899
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29900
📍 Paper - 3: Maths, LR & Stats
💙Question Paper
https://www.tg-me.com/canotes_foundation/29901
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29902
📍 Paper-4: Business Eco
💙Question Paper
https://www.tg-me.com/canotes_foundation/29903
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29904
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-1-Sept-2024
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Happy Learning and Keep Sharing
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Forwarded from CA Exam Tips & Motivational Dose
🧅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.....
📍 For Daily dose of Motivation & More Amazing Exam Tips Join www.tg-me.com/ICAIexamtips On Telegram.
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.....
📍 For Daily dose of Motivation & More Amazing Exam Tips Join www.tg-me.com/ICAIexamtips On Telegram.
CA Found Accounts Q MTP 2 Sept 2024 Exam castudynotes com.pdf
166.5 KB
🔹CA Foundation Accounts MTP 2 - September 2024 :
📍Question Papers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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CA Found Accounts A MTP 2 Sept 2024 Exam castudynotes com.pdf
243.8 KB
🔹CA Foundation Accounts MTP 2 - September 2024 :
📍Suggested Answers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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CA Found Law Q MTP 2 Sept 2024 Exam castudynotes com.pdf
148.8 KB
🔹CA Foundation Business Law MTP 2 - September 2024 :
📍Question Papers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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📍Question Papers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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CA Found Law A MTP 2 Sept 2024 Exam castudynotes com.pdf
181 KB
🔹CA Foundation Business Law MTP 2 - September 2024 :
📍Suggested Answers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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📍Suggested Answers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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CA Found QA Q MTP 2 Sept 2024 Exam castudynotes com.pdf
386.7 KB
🔹CA Foundation Maths, LR & Stats MTP 2 - September 2024 :
📍Question Papers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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CA Found QA A MTP 2 Sept 2024 Exam castudynotes com.pdf
76.3 KB
🔹CA Foundation Maths, LR & Stats MTP 2 - September 2024 :
📍Suggested Answers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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📍Suggested Answers
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CA Found Eco Q MTP 2 Sept 2024 Exam castudynotes com.pdf
163.4 KB
🔹CA Foundation Business Economics MTP 2 - September 2024 :
📍Question Papers
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https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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📍Question Papers
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https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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CA Found Eco A MTP 2 Sept 2024 Exam castudynotes com.pdf
82.8 KB
🔹CA Foundation Business Economics MTP 2 - September 2024 :
📍Suggested Answers
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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📍Suggested Answers
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https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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🎁 CA Foundation Mock Test Papers (MTPs) Series- II for September 2024 :
💡Question Papers & Suggested Answers for September 2024 Exams :
━━━━━━━━✯✯✯━━━━━━━━
📍 Paper - 1: Accounting
💙Question Paper
https://www.tg-me.com/canotes_foundation/29928
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29929
📍 Paper - 2: Business Law
💙Question Paper
https://www.tg-me.com/canotes_foundation/29930
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29931
📍 Paper - 3: Maths, LR & Stats
💙Question Paper
https://www.tg-me.com/canotes_foundation/29932
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29933
📍 Paper-4: Business Eco
💙Question Paper
https://www.tg-me.com/canotes_foundation/29934
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29935
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💡Question Papers & Suggested Answers for September 2024 Exams :
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📍 Paper - 1: Accounting
💙Question Paper
https://www.tg-me.com/canotes_foundation/29928
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29929
📍 Paper - 2: Business Law
💙Question Paper
https://www.tg-me.com/canotes_foundation/29930
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29931
📍 Paper - 3: Maths, LR & Stats
💙Question Paper
https://www.tg-me.com/canotes_foundation/29932
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29933
📍 Paper-4: Business Eco
💙Question Paper
https://www.tg-me.com/canotes_foundation/29934
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29935
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https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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🎙Admit card for September 2024 Exams Released :
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Forwarded from CA Inter Notes
📯CA Inter Mock Test Papers (MTPs) for September 2024 :
▶️ Series - II
✍ By ICAI
📍Paper 1 : Advanced Accounts
🔷Question Paper
https://www.tg-me.com/CAnotes_ipcc/47994
🔶Suggested Answers
https://www.tg-me.com/CAnotes_ipcc/47995
📍Paper 2 : Corporate & Other Laws
🔷Question Paper
https://www.tg-me.com/CAnotes_ipcc/47996
🔶Suggested Answers
https://www.tg-me.com/CAnotes_ipcc/47997
📍Paper 3 : Taxation
🔷Question Paper
https://www.tg-me.com/CAnotes_ipcc/47998
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📍Paper 4 : Cost & Mgt Accounting
🔷Question Paper
https://www.tg-me.com/CAnotes_ipcc/48000
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https://www.tg-me.com/CAnotes_ipcc/48001
📍Paper 5 : Audit & Ethics
🔷Question Paper
https://www.tg-me.com/CAnotes_ipcc/48002
🔶Suggested Answers
https://www.tg-me.com/CAnotes_ipcc/48003
📍Paper 6 : FM SM
🔷Question Paper
https://www.tg-me.com/CAnotes_ipcc/48004
🔶Suggested Answers
https://www.tg-me.com/CAnotes_ipcc/48005
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▶️ Series - II
✍ By ICAI
📍Paper 1 : Advanced Accounts
🔷Question Paper
https://www.tg-me.com/CAnotes_ipcc/47994
🔶Suggested Answers
https://www.tg-me.com/CAnotes_ipcc/47995
📍Paper 2 : Corporate & Other Laws
🔷Question Paper
https://www.tg-me.com/CAnotes_ipcc/47996
🔶Suggested Answers
https://www.tg-me.com/CAnotes_ipcc/47997
📍Paper 3 : Taxation
🔷Question Paper
https://www.tg-me.com/CAnotes_ipcc/47998
🔶Suggested Answers
https://www.tg-me.com/CAnotes_ipcc/47999
📍Paper 4 : Cost & Mgt Accounting
🔷Question Paper
https://www.tg-me.com/CAnotes_ipcc/48000
🔶Suggested Answers
https://www.tg-me.com/CAnotes_ipcc/48001
📍Paper 5 : Audit & Ethics
🔷Question Paper
https://www.tg-me.com/CAnotes_ipcc/48002
🔶Suggested Answers
https://www.tg-me.com/CAnotes_ipcc/48003
📍Paper 6 : FM SM
🔷Question Paper
https://www.tg-me.com/CAnotes_ipcc/48004
🔶Suggested Answers
https://www.tg-me.com/CAnotes_ipcc/48005
All Subject MTPs at one place 👇
https://tinyurl.com/CA-Inter-MTPs-2-Sept-2024
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Forwarded from CA Foundation Notes
🎁 CA Foundation Mock Test Papers (MTPs) Series- II for September 2024 :
💡Question Papers & Suggested Answers for September 2024 Exams :
━━━━━━━━✯✯✯━━━━━━━━
📍 Paper - 1: Accounting
💙Question Paper
https://www.tg-me.com/canotes_foundation/29928
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29929
📍 Paper - 2: Business Law
💙Question Paper
https://www.tg-me.com/canotes_foundation/29930
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29931
📍 Paper - 3: Maths, LR & Stats
💙Question Paper
https://www.tg-me.com/canotes_foundation/29932
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29933
📍 Paper-4: Business Eco
💙Question Paper
https://www.tg-me.com/canotes_foundation/29934
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29935
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Sept-2024
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Happy Learning and Keep Sharing
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💡Question Papers & Suggested Answers for September 2024 Exams :
━━━━━━━━✯✯✯━━━━━━━━
📍 Paper - 1: Accounting
💙Question Paper
https://www.tg-me.com/canotes_foundation/29928
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29929
📍 Paper - 2: Business Law
💙Question Paper
https://www.tg-me.com/canotes_foundation/29930
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29931
📍 Paper - 3: Maths, LR & Stats
💙Question Paper
https://www.tg-me.com/canotes_foundation/29932
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29933
📍 Paper-4: Business Eco
💙Question Paper
https://www.tg-me.com/canotes_foundation/29934
🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29935
🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Sept-2024
━━━━━━━━✯✯✯━━━━━━━━
Happy Learning and Keep Sharing
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