Question

on 1st April, 2015A sold a machinery on hire-purchase to B, the cash price being ₹1000. the hire - purchase agrees to pay in two instalments of ₹500each yearly. The interest is 5%per annum. Show B's account in A's book​

Answer 1

Answer:

6778999755543311/^^543367800876655432114578890098755544322$//^&&*

Answer 2

JOURNAL ENTRIES IN BOOKS OF A:

B's A/C Dr. 1000

To Sales A/C 1000

(Being machinery sold on installment)

Refer to the attachment

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