MCQOPTIONS
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				| 1. | 
                                    When an asset is acquired on hire purchase system, the asset account is debited with _______ of the assets in the books of the hire purchaser. | 
                            
| A. | Hp price | 
| B. | Cash price | 
| C. | Installment price | 
| D. | None of these | 
| Answer» C. Installment price | |