Hire purchase applicable or not
This query is : Resolved
26 August 2013
announcement by BOS of ICAI, the Hire Purchase Trading A/c and Hire Purchase Stock and Debtors Methods are deleted from the syllabus of Hire Purchase topic of Group I Accounting paper.IS IT APPLICABLE FOR NOV 2013 EXAM???
thanx in advance
Ganeshbabu K
(Expert)
26 August 2013
In my opinion
Yes,,applicable...they called for ammendemenet from july practisemanual which will applicable for nov2013 exam
moreover it is said that it is not compliant with Accounting standard
So icai may not ask questions relating to this topic in nov2013
Yes,,applicable...they called for ammendemenet from july practisemanual which will applicable for nov2013 exam
moreover it is said that it is not compliant with Accounting standard
So icai may not ask questions relating to this topic in nov2013
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