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Tag: instalment system

HIRE PURCHASE ACCOUNTING NOTES PDF

Posted on April 12, 2019 By commerceiets 2 Comments on HIRE PURCHASE ACCOUNTING NOTES PDF
HIRE PURCHASE ACCOUNTING NOTES PDF

HIRE PURCHASE Hire Purchase system is a system in which the goods are delivered to the purchaser at the time of agreement before the payment of instalments. However, the title of the goods is transferred after the payment of all instalments as per the hire purchase agreement. It is a special system of purchase and…

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