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4: Satish purchased a computer on 1st October, 2001 on Hire purchase System from Asha Computers, Nagpur. Instalment Price : * 19,000 Cash price
4: Satish purchased a computer on 1st October, 2001 on Hire purchase System from Asha Computers, Nagpur. Instalment Price : * 19,000 Cash price : Rate down Cash down 16,500 16% p.a. *. 2,000 on 1st Oct. 2001 *6,000 on 31st Dec. 2001 *6,000 on 31st Dec. 2002 *5,000 on 31st Dec. 2003 Depreciates the assets at 10% p.a. on WDV. You are required to prepare necessary accounts.:
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Financial and Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
12th edition
978-1133952428, 1285078578, 1133952429, 978-1285078571
