Give one example for each type. Give the names of five IAS and/or IFRS.

An old machine is sold for Tk. 50,000 its cost being Tk. 90,000 and accumulated depreciation Tk. 20,000. Give the journal entry for the sale.

Cost of goods sold is Tk. 16,000 profit margin on sales is 20%, then determine sales revenue.

Inventory Tk. 30,000 accounts receivable Tk. 45,000 each Tk. 15,000 accounts payable Tk. 25,000 tax payable Tk. 18,000. Determine current ratio.