Illustration-2Y & Co. sold machinery whose cash price is Rs.74,500. to

1.	Illustration-2Y & Co. sold machinery whose cash price is Rs.74,500. to X and Co., on hire purchase basis onJanuary, 2000. Payment was to be made as Rs.20,000 down and Rs.20,000 every year for three yearRate of interest was 5% x & Co. charged depreciation @ 10% p.a. on the diminishing balance. Giledger accounts in the books of Y & Co.
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Illustration-2Y & Co. sold machinery whose cash price is Rs.74,500. to X and Co., on hire purchase basis onJanuary, 2000. Payment was to be made as Rs.20,000 down and Rs.20,000 every year for three yearRate of interest was 5% x & Co. charged depreciation @ 10% p.a. on the diminishing balance. Giledger accounts in the books of Y & Co.

Answer»

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do not KNOW slnwnknwjwkwnnskenwnjwm

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