1. In hire purchase trading a/c why dnt we write hp debtors at cost nd dnt seperate profit ?
2.Whats instalment undue?
3. Suppose if i take coaching of a/cs and prepare all questions thru hand....if i practice all questions again thru hand after 1 year leaving 1year untouched ( a/cs ) after coaching ...will there be any problem?
4. If i practice half questions thru hand in august and just see half questions ...should i see whole questions or only those which i praticed thru hand?
hi,
it does not matter you take coaching class or not it depend upon totally your hard working .
ans
1 . every method has it's seperate proforma(may be i m not geting yr Q clearly)
2. instalment undue - every instalment become due on a specified date.n the instalment which is not due till a/c closing date is called instalment undue(actual receipt is irrelevant)
3. it depends on hw u practice
4. i think u should practice all Q otherwise u will lose yr confidence at the time of exam
if above ans r not clear 2 u tell me again i will try to explain more
ITS NOT ABOUT PRACTICE ITS ABOUT ANALYZING THE CONCEPT.IF U ANALYZE THEN IF U SEE AFTER A YEAR ITS DOESNT HURT U.
1.in my opinion debtors means how much amount due from buyers.that is total of sales
in sale we include profit also. so that we we take in debtors we includes profit.
2.the amount for which we have right to ask them to pay on specific date.
1) it shows total ammount to be taken from dr. therefore prfit is included
2) undue means those instalments which r nt called yet
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