Accountancy, asked by sssachu7651, 3 months ago

Hire purchase is equal to

Answers

Answered by lagisettitgmailcom
0

Answer:

Hire-purchase is a credit purchase.

The price under hire-purchase system is paid in instalments.

The goods are delivered in the possession of the purchaser at the time of commencement of the agreement.

Hire vendor continues to be the owner of the goods till the payment of last instalment.

Answered by nirmalav003
1

Answer:

hire purchase means the total amount which is payable by the hire-purchaser under the agreement.

Explanation:

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