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কোনটিই নয়
Three years ago, a machine was bought for Tk 1,00,000. The installation cost was Tk 20,000. The machine was depreciated in a straight line method at 20% per year. At the end of the 3rd year, the machine was sold for Tk 46,000. What is the gain/loss from sale of this machine?
gain of Tk 2,000
gain of Tk 6.000
loss of Tk 2,000
loss of Tk 6,000
None of these
If the beginning inventory is Tk 18,000, Purchase is Tk 86,000, Purchase return is Tk 4,000, Sales is Tk 1,20,000 and the mark-up on the cost is 25%, then what is the value of closing inventory?
Tk 2000
Tk 4000
Tk 6000
Tk 10000
What will be the difference in the cost of goods sold under LIFO and FIFO method given the following Information?
Tk 20,000
Tk 30,000
Tk 40,000
Tk 50,000
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