Question

15. Malav purchased a second hand Indica car from the Swati Motors
as on 1-1-2006, under hire purchase system. He paid for the
following amount for the purchases.
Date
Rs.
1-1-2006 10% of Cash price
30-4-2006
89,000
31-8-2006
65,000
31-12-2006
42,000
15% interest is included in each instalments. Depreciation is
charged 20%.
From the above information, prepare :
(1) Indica Motor's A/c in the books of Malav.
(2) Malay's A/c in the books of Swati Motors Co.​

Answer 1

Answer:

sorrrrrryyyyyyyyyyyy......