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Urgent 8. A acquired machinery on Instalment system from B company. The cost price of the machine was Rs. 1,005 whish was payable as follows

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8. A acquired machinery on Instalment system from B company. The cost price of the machine was Rs. 1,005 whish was payable as follows : Rs. 200 on delivery, Rs. 300 after 3 months, Rs. 400 after 6 months and Rs. 200 after 9 months. Open B company Ltd. A/c, in the books of A. Interest is chargeable annually

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