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?a firm purchased on 1st july 2002 a machinery from hindustan machine limited on hire purchase system the cash price is 40000 the hire purchaser agreed to pay 5 installments of rs 8000 each half yearly the interest agreed at 15 % per annum firm decided to charge 10% per annum depreciation on straight line method prepare journal account and ledgers account in the books assuming that books are closed on 31 dec every year? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about ?a firm purchased on 1st july 2002 a machinery from hindustan machine limited on hire purchase system the cash price is 40000 the hire purchaser agreed to pay 5 installments of rs 8000 each half yearly the interest agreed at 15 % per annum firm decided to charge 10% per annum depreciation on straight line method prepare journal account and ledgers account in the books assuming that books are closed on 31 dec every year? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for ?a firm purchased on 1st july 2002 a machinery from hindustan machine limited on hire purchase system the cash price is 40000 the hire purchaser agreed to pay 5 installments of rs 8000 each half yearly the interest agreed at 15 % per annum firm decided to charge 10% per annum depreciation on straight line method prepare journal account and ledgers account in the books assuming that books are closed on 31 dec every year?.

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