Question

on 1 January 2011 mr.srivastava bought a refrigerator from abc co. on the instalment system. The cash price of the refrigerator was ₹7450 and the payment was to be made ₹2000 on singing the agreement. Balance in three instalment of ₹2000 each at the end of each year. 5% is charged by the supplier per annum. The purchaser write off 10% depreciation annually on the diminishing balance of the cash value. Make entries and open necessary account in the books of purchaser.​

Answer 1

Answer:

don't know mate sorry sorry