What is transferred to hirer under installment payment system

Related MCQs

• What is transferred to hirer under hire purchase system
• KCS purchased a machine from JPS on hire purchase system, whose cash price was `8,64,000. ` 2,16,000 being paid on delivery and balance in three annual instalments of `2,88,000 each. The amount of interest included in first installment would be
• Hirer charges depreciation on
• ________ means the price at which the goods can be purchased by the hirer for ready cash
• As per the rules framed under the companies Act, 1956, if the dividend proposed by a company is 12% of the paid up capital, the amount to be transferred to reserve must not be less than
• Loss or profit on realisation a/c is transferred by the transferor company, under amalgamation to
• In case of Buy Back at a discount the amount of discount is transferred to _________________
• Fictitious Assets are to be transferred to ___________________
• The Balance in exchange difference on transaction of export sale is transferred to _________________
• When the proposed dividend exceeds 20% of the paid up capital, percentage of profit to be transferred to reserve is