Y Ltd. sells products on hire purchase terms, the price being cost plus 33 1/3%. From the

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Y Ltd. sells products on hire purchase terms, the price being cost plus 33 1/3%. From the following particulars for 2017, prepare Hire Purchase Stock Account, Shop Stock Account, Hire Purchase Debtors Account, Stock Reserve Account and Hire Purchase Adjustment Account (for profit) (all figures in ₹):

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Financial Accounting Volume II

ISBN: 9789387886230

4th Edition

Authors: Mohamed Hanif, Amitabha Mukherjee

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