Accounts group-1 ipcc

This query is : Resolved 

13 August 2011 if a firm deals in two items say tv and coolers, then if in the hp debtors a/c, if hp stock is the balancing figure, then in which ratio will it be divided amongst tv & coolers????

pls pls reply, it's urgent....


27 September 2011 the hp debtors of all the items cannot be clubbed in single hp debtor as they represent seperate personal accounts

27 September 2011 there shld be separate hd debtors a/s for coolers and tv which will give sepearate closing balance of tv and cooler.




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