Basic Terminologies of Accounting for Hire Purchase System

The hire-purchase system is a special system of purchase and sale of goods. It is a special system of purchase and sale of goods. Under…

The hire-purchase system is a special system of purchase and sale of goods It is a special system of purchase and sale of goods Under this system, the purchaser pays the price of the goods in installments The installments may be annual, six-monthly, quarterly, monthly fortnightly, etc Basic Terminologies of Accounting for Hire Purchase System …


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