(a) PQS Company Limited prepares its financial statement quarterly. The transaction provided is applicable for the third quarter (July-September). On first August 2021, the company purchased a machine by Tk. 100,000 from XYZ Company paying Tk. 20,000 in cash and signing a 10%, 4-month, Tk. 50,000 note. instruction: 1) The MD of the company is a bit confused about the nature of liability incurred from this transaction. The impacts of all current liability are not same he said to the accounts manager regarding the reporting of current liability. Do you agree? Explain in brief.