Dinesh Ltd. on 1 April 2015. purchased a machine from Rajesh Ltd. on fire purchase basis. The cash price of the machine was Rs 25.000. The paymentwas to be made Rs 5.000 on the date of the contract and the balance in fourannual instalments of Rs. 5,000 each plus interest at 5% per annum payable onDecember 31" cach year, and the first such instalment being payable on 31.12.2015. Depreciation is to be charged a 10% on original cost.Make necessary ledger accounts in the books of Hire Purchaser.

Dinesh Ltd. on 1 April 2015. purchased a machine from Rajesh Ltd. on f

1.	Dinesh Ltd. on 1 April 2015. purchased a machine from Rajesh Ltd. on fire purchase basis. The cash price of the machine was Rs 25.000. The paymentwas to be made Rs 5.000 on the date of the contract and the balance in fourannual instalments of Rs. 5,000 each plus interest at 5% per annum payable onDecember 31" cach year, and the first such instalment being payable on 31.12.2015. Depreciation is to be charged a 10% on original cost.Make necessary ledger accounts in the books of Hire Purchaser.
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Tois question based GISTBasie Prodquet? Gust Sales SupplyАB 2200150800118.00 to 20018.001 300 Intre statoI istrustile12.00 lo1120 Istrestaleb.Tabb Trade Details (sales and purchaseJitems opening stat I purchased sold closingo0104803oa) find out belowgiveoQuestionsCGST ,SGST , LGST final balance?1. use different lable for saleand purchas drade.Neft profit from the trade?closing stock valuations ?

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