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Q. Interest on capital is calculated on which capital?

Q. According to hire purchase agreement Rs. 25000 is the down payment and Rs. 90000 is the total amount of three equal instalments inclusive of interest Rs. 15000. How much would be the cash price of the asset ?

Q. Effect of dishonour of B/R is given

Q. The main difference between sale under Hire purchase agreement and sales under Installment system is regarding

Q. Under the Hire purchase system, goods are delivered to the hirer when -

Q. While selling securities, brokerage is generally calculated on following price-

Q. Which of the following is not included in the hire purchase agreement ?

Q. Creditors account is prepared to find out the -

Q. In which of the following method of sales, if the purchaser can't pay the amount of instalment, the vendor can get the assets as return back ?

Q. At the end of the year, the interest paid and depreciation charged are transferred to the account