Question

11.a. On Jan 1, 2005 Quick transport company purchased four goods carries from
Hind auto Ltd, on Hire-purchase terms. The cash price of each goods carrier was
Rs 29,800. Rs. 8,000 per carrier was to be paid on the date of purchase and the balance
in 3 instalments of Rs 8,000 per carrier on 31 Dec every year subject to interest
@5% p.a Depreciation was to be provided @10% p.a. on the diminishing balances,
Show Goods carrier account and Hind auto Ltd, account in the books of Quick
transport company,​

Answer 1

Answer:

do not know

Explanation:

Answer 2

Answer:

ok

Explanation:

http://www.quicktransports.in/