I am a student of ICWAI (Intermediate). I looking for some
information about Rayalty and Hire Purchase.
Answer Posted / nishchinth kumar
In simple words,Royalty means A landlord gives his land to
other person on lease & the other will cultivate or take
output from that land & he will pay some fixed lease rent to
landlord.
In simple words, Hire purchase means if a person purchases
in installment from Bike showroom & the whole amount is paid
in equal installment,if the purchaser defaults his payment
then the sellor(Vendor) has full rights to bring back his
bike which he sold.
Is This Answer Correct ? | 4 Yes | 2 No |
Post New Answer View All Answers
Name the Accounting Concepts
Expand ----------GIDB
What is Accommodation Bill
What Question ask in MARKIT Company?
what is account & what is finance
Short Answer on ___________fluctuating capital
What is EBITDA
what is tds rate of WCT applay for sale tax ragistard company.
which are the basic princeples of accountancy... with examples
when calculating for np% do i include interest or do i take it off
How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
what is mean by provision ? give me examples ..
Is interest of a business unit Operating Expense or Non Operating Expense
We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.
Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?