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  3. 2 (6) mr. robert started a business. during januar

2 (6) Mr. Robert started a business. During January 2020, the following transactions occurred: January...

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Accounting

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2 (6) Mr. Robert started a business. During January 2020, the following transactions occurred: January 1: Service provided to a customer but not yet received Tk. 60.000. January 2: Purchased a delivery van on account Tk. 50,000 January 5: Earned revenue Tk. 35,000 of which Tk. 10,000 is collected in cash and the balance was due in January January 9: Incurred interest expenses for the month on account Tk. 5,000 January 12: Received Tk. 10,000 in cash related to the transaction January 5. January 14: Received Tk. 20,000 in cash from the customer by providing services January 15: Paid salary for the month Tk: 9,000 in cash. January 17: Paid Tk 15,000 to account payable for the delivery van Required: Give journal entries for the month of January, 2020. (b) A company is considering an investment proposal to install a new machine at a cost of Tk 50,000. The estimated cash flows from the investment proposal are as follows- Year 1 2 3 4 5 CEAT Cash Flow Adinsted Timelin Il 10.000 10.450 11.800 12.250 16.750 Required: Determine 0 Pay Back Period Net Present Value (NPV) at 10% cost of capital

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