In order to deal with the re possession the hire vendor operates an account called _______
A) asset account
B) goods account
C) goods repossessed account
D) none of these
Correct Answer:
Verified
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
Q12: The difference between hire purchase price and
Q14: Hire Purchase price =
A)cash price + down
Q15: Cash Price =
A)hire purchase price - total
Q16: Which of the following statement is false:
A)a
Q17: Which of the following are the characteristics
Q18: Share application and allotment account is a:
A)personal
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