The accounting equation states that; Total monetary value of assets equals to the total monetary value of Capital plus liabilities thus
Assets = Capital + Liabilities.
kevinnyabute answered the question on February 21, 2018 at 08:10
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a) Write brief notes on
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ii) Credit sale
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the following:
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ii) Hire purchase interest 25%
iii) Deposit 20% of cash price
iv) 5 annual equal installments.
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Required:
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