what is credit financing? any diff b/w credit financing and
hirepurchase?
Answer / mufeed
Difference between Lease and Hire Purchase: Ownership of the Asset: In a lease, ownership lies with the lessor. The lessee has the right to use the equipment and does not have the option to purchase. ... On the other hand, the depreciation claim is allowed to the hirer in the case of hire purchase transaction.
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What is MIS reports. How can we make it and what is process to make it and what is the advantage of it in business world
hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
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EXPAND___________NHAI
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