What is the Difference between hire purchase and a finance
Lease?
- 1 Answers
- 2963 Views
- I also Faced
- E-Mail Answers
Answer Posted / venkata krishna
hire purchase is applicable to movable assets,and here we will get owner ship rights only after end of the final installment.but in the case of lease there is no chance of getting the ownership rights.it is an agreement only.mostly it is applicable to immobile properties.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
how to maintain E-Commerce companies accounts
What is the New GL concept? how do you configure new GL a/c?
after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...
HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?
respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...
Expand-------MTRS
we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?
What is money measurement concept
an amount deducted from the catalog price for an item of merchandise is called?
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
distinguish between price rate and time rate?
HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY
1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?
what's accounts payable
explain sales/purchase accounting?
