Question

ound. Sors
from
anhusel
each
d
2
on Ist Avene 2016 amedhary Harpal Singh
Prorecased a Tractor of the cash Price
of 2.20.000 on hire -Perchase System
Escorts ltd RS 20,000 were
Paid Immediately and the balance
cin
ins tallments of Rs 50,000
with interest et 8h per annum
The depreciation is to be charged
at 10%. P.a on written down value
method Harpool Singh Pald 2 installment
and Paiced
to pay the third instalment
Escorts Ltd took
by paying him Rs 90,000
in the
take hecessary leayer account
book haroocel
singh Books
31 olarch every year.
​

Answer 1

Answer:

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Answer 2

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