In the books of Hirer, the interest and depreciation account will be transferred to ______.

Related MCQs

• In the books of hirer, for interest due at the end of the year hire vendor account will be _______
• In the books of hirer, for payment of installment hire vendor account will be ________
• Hirer charges depreciation on:
• What is transferred to Hirer under hire purchase system:
• The balance of branch adjustment account is transferred to _________ account
• The depreciation in the books of buyer is charged on _________
• ________ means the price at which the goods can be purchased by the hirer for ready cash.
• When Branch pays expenses for H.O. the following account is debited in the books of the branch _______
• 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.
• The profit included in surplus or shortage of stock is transferred to ______ account