MCQOPTIONS
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| 1. |
On the balance sheet of a company, the value of the asset bought through hire purchase will appear as: |
| A. | cost less depreciation to date less amount owing on hire purchase less interest owing |
| B. | cost less amounts owing on hire purchase |
| C. | cost less depreciation to date less amount owing on hire purchase |
| D. | cost less depreciation to date |
| Answer» E. | |