banner_ad

Hire Purchase

178 views 3 replies
User Avatar

Audit Executive
73 Points Posted on 02 March 2018
Hi
when can I record an asset in my books as an asset under hire purchase?
Reply Share Follow
On 02 March 2018 at 14:56 Report
Replies (3)
User Avatar

a
1262 Points Posted on 02 March 2018
after paying last installment.
13 Reply
On 02 March 2018 at 15:01
User Avatar

teaching
2046 Points Posted on 02 March 2018

when hire purchaser making an agreement to purchase an asset from hire vendor

7 Reply
On 02 March 2018 at 18:20
User Avatar

teaching
2046 Points Posted on 03 March 2018
possession of the asset will be transferred to hire purchaser as on the date of agreement, on same day we can recognise asset in the books of hire purchaser.

after paying last installment, ownership will be transferred.
7 Reply
On 03 March 2018 at 17:44


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details