Solved: Attractive purchases ltd started to sell goods on hp terms, Accounting Basics

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Attractive purchases ltd started to sell goods on hp terms

Question: Attractive Purchases Ltd. started to sell goods on H.P. terms in 1961 and made the following sales:

The first instalment was due one month after the date of the contract: all instalments were paid when due

Prepare the Hire Purchase Trading Account for the two years.

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Accounting Basics: Attractive purchases ltd started to sell goods on hp terms

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Accounting Basics: Attractive purchases ltd started to sell goods on hp terms

Reference No:- TGS02333444

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