________ means the price at which the goods can be purchased by the hirer for ready cash.

Related MCQs

• HO sends goods to branch at invoice price after adding 25% on cost price, so profit would be ___ % of invoice price
• H.O. sent goods to branch at invoice price 50% plus on original price. How many percentage of profit will be on Invoice price?
• Hirer charges depreciation on:
• What is transferred to Hirer under hire purchase system:
• 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 _______
• In the books of Hirer, the interest and depreciation account will be transferred to ______.
• The difference between hire purchase price and the cash price is called ______
• H.O. has sent goods on invoice price worth Rs 2,40,000 which are 25% above cost price. What is the loading element?
• The adjusting entry for difference between the invoice price and cost price of goods are shown in ________