The depreciation in the books of buyer is charged on _________

Related MCQs

• In the books of Hirer, the interest and depreciation account will be transferred to ______.
• When Branch pays expenses for H.O. the following account is debited in the books of the branch _______
• Goodwill of the firm is valued Rs. 30000. C an incoming partner purchase ¼ share of total profit Goodwill be raised in the books.
• When an asset is acquired on hire purchase system, the asset account is debited with _______ of the assets in the books of the hire purchaser.
• In the books of hirer, for payment of installment hire vendor account will be ________
• In the books of hirer, for interest due at the end of the year hire vendor account will be _______
• The interest charged on the hire purchase should appear in the profit and loss account in what manner?
• Under debtors system depreciation on fixed asset is ________
• The depreciation on an asset purchased through hire purchase should be:
• Hirer charges depreciation on: