In the books of hirer, for interest due at the end of the year hire vendor account will be _______
A) debited
B) credited
C) rectified
D) reversed
Correct Answer:
Verified
Q1: If the hire purchaser fails to make
Q2: If the hire vendor may take away
Q3: The hire vendor takes away only a
Q4: In the books of hirer, for payment
Q6: In the books of Hirer, the interest
Q7: Nature of hire purchase agreement is _.
A)agreement
Q8: In case of Hire-Purchase the total sum
Q9: Under _ system the buyer does not
Q10: _ means the price at which the
Q11: _ is the initial payment made at
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