Multiple Choice
In case of purchase and sales of securities ex- interest -
A) Interest is payable in addition to market price
B) Market price includes interest also
C) No separate calculation for interest is made
D) The seller gets interest on the next interest date.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: In case of Hire purchase system, Interest
Q2: Total amount payable less its cash price
Q4: In pure single entry<br>A)Purchase and sales book
Q5: Under the Hire purchase system, goods are
Q6: Interest on security is calculated on -<br>A)It
Q7: Under hire-purchase system the amount of interest
Q8: In case of ex-interest transaction, the amount
Q9: By deducting cash price from the contract
Q10: Cash price of asset + Interest =_price<br>A)Contract<br>B)Market<br>C)After
Q11: At the end of the year, the