Accounts, group-1, ipcc
This query is : Resolved
13 August 2011
hire purchase problem
pls rply,
if a firm deals in two items say tv and coolers, then if in the hp debtors a/c, if hp stock is the balancing figure, then in which ratio will it be divided amongst tv & coolers????
pls pls reply, it's urgent....
pls rply,
if a firm deals in two items say tv and coolers, then if in the hp debtors a/c, if hp stock is the balancing figure, then in which ratio will it be divided amongst tv & coolers????
pls pls reply, it's urgent....
CA Pushpendra Gaur
(Expert)
27 September 2011
there shld be separate hd debtors a/s for coolers and tv which will give sepearate closing balance of tv and cooler.
CA Pushpendra Gaur
(Expert)
27 September 2011
The hp debtors of all the items cannot be clubbed as they are seperate personal accounts
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