In case of Hire purchase, the depreciation is calculated on -

Related MCQs

• In case of Hire purchases, the depreciation is calculated on -
• Interest is calculated on                 under hire purchase agreement.
• Interest is calculated on                 under hire purchase agreement.
• In case of Hire purchase system, Interest is not included in-
• Under hire-purchase system the amount of interest is charged to                 Account
• Which of the following is not included in the hire purchase agreement ?
• Under the Hire purchase system, goods are delivered to the hirer when -
• Under the Hire purchase system, ownership of goods is transferred to the hirer when -
• The main difference between sale under Hire purchase agreement and sales under Installment system is regarding
• Dipti has purchased one Machine on hire purchase agreement. The cash price of machine is Rs. 90000. The amount is to be paid on agreement Rs. 30000 and balance amount is paid by three equal annula instalments of Rs. 30000 each. Find out the intrest of third year.