Basic query in accounting
This query is : Resolved
05 October 2013
In case of Hire purchase transaction, possession of goods is with Buyer,Ownership is with Seller and what about risk associated with ownership.?
I will be very much thankful to you.
I will be very much thankful to you.
05 October 2013
All the risks are borne by the vendor before the payment of final installment.
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