Royalty and Hire Purchase- Step by step approach of Practicals.. (Part-2)

Note: This is a question on Stock and  Debtor System (Just like Branch Accounting)
Ans. HP stock A/c 18400, HP Debtors A/c 13600

Note: This is a question on Stock and  Debtor System (Just like Branch Accounting)
Ans. 32000(a) , (b) 32000

Ans.

Note: This is a question on Stock and  Debtor System (Just like Branch Accounting)
Ans. Goods repossessed (a) 30000, (b) 30000

Note: This is a question on Stock and  Debtor System (Just like Branch Accounting)

14. HP Adjustment A/c 192000