Question

(Ans. Cash Price 2000, wees 100,
24. On 1.04.2014, X Ltd. purchased a Motor Car from Y Ltd. on the Hire Purchase System, the
Cash Price of which was payable on * 24,000 down and the balance in 3 equal annual
instalments together with interest @ 10% per annum. The amount of 3rd instalment including
interest was * 35,200. Depreciation was to be provided @ 20% per annum on reducing balance
method.
At the end of 3 years of services the motor-car was sold for 7 60,000.
Show the (1) Motor Car A/c, (i) Hire Vendor A/c in the book of the Hire Purchaser for three years.
2​

Answer 1

Explanation:

Electromagnetic or magnetic induction is the production of an electromotive force across an electrical conductor in a changing magnetic field. Michael Faraday is generally credited with the discovery of induction in 1831, and James Clerk Maxwell mathematically described it as Faraday's law of induction. Wikipedia

• hi guys follow me plz
• mark me as brainliest