\begin{ning}inventory Tk. 90,000; net purchase Tk. 2,60,000; and \end{ning}

inventory Tk. 70,000 - Then how much amount would be adjusted purchase?

1.Which entry (s) are required at the \end{of}accounting year for accrued income, unearned income, accrued expense and prepaid expense?

2.Sonali Traders purchased goods Tk. 12,000 on 10% trade discount. As per sales term he paid the due amount by taking 5% discount. How much amount Sonali Traders to be recorded as discount account?

3.Which discount is arisen at the time of settlement with debtors or creditors?

4.What would be the book value of the machine after 1

5.Factors to be considered for changing depreciation__ i. purchase price ii. estimated useful life iii. salvage value Which one is correct?

6.The alternative names of trade discount are__ i. discount on purchase ii. discount allowed iii. discount on sales Which one is correct?

7.Which type of account is accumulated depreciation?

8.Which one of the following is non-operating expense?

9.Cash at bank balance as per cash book and as per bank statement are found disagreement. By reviewing the following matters revealed; Account receivable of Tk. 15,000 directly deposited to the bank by a client; Bank allowed interest Tk. 450 and charged Tk. 600 for services. A cheque of Tk. 20,000 deposited into the bank dated December 20 and collected by bank December 30. How much amount are differed in between both balance?

10.If one kind of error in account is corrected by another kind of error then what would be the name of this type of errors?

11.How many elements have a statement of financial position?

12.Which one of the following transaction to be recorded in cash book?