Hire Purchase and Installment Purchase

Federal Board > Class 14 > Advance Accounting (Total Videos: 238)

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Chapter 10: Hire Purchase and Installment Purchase (26 videos)
10.1: Introduction to Hire Purchase
  1. Introduction to Hire Purchase
10.2: Accounting Treatment of Hire Purchase
  1. Brake up of Instalment
  2. Problem 2: Calculation of Interest
  3. Problem 3: Calculation of Cash Price (Break up Table)
  4. Problem 4: Calculation of Cash Price (Annuity Table)
  5. Problem 5: Calculation of Cash Price
  6. Problem 6: Calculation of Purchase price
  7. Problem 7: Calculation of Purchase price
  8. Problem 8: Asset is recorded at full Cash Price
  9. Problem 9: Cash for Asset is paid in installment (Journal Entries)
  10. Problem 10: Ledger Accounts & Balance Sheet
  11. Problem 11: Ledger Accounts & Balance Sheet (Hire Vendor )
10.3: Repossession
  1. Problem 11: Ledger Accounts in the Books of Vendor
10.4: Partial Repossession
  1. Problem 12: Ledger Accounts in the Books of Hire
10.5: Hire Purchase agreements for goods of small value
  1. Relevant Expressions and Hire Purchase Sales Register
  2. Problem 13: Determining Profit and Loss-Trading
  3. Problem 14: Determining Profit and Loss-Stock
10.6: Installment Purchase System
  1. Difference between Hire and Installment Purchase
  2. Problem 15: Journal Entries in the Books of Buyer
  3. Problem 16: Ledger accounts in the Books of Buyer
  4. Problem 17: Journal Entries in the Books of Seller
  5. Problem 18: Ledger accounts in the Books of Seller
10.7: Accounting for Lease
  1. Problem 19: Journal Entries in the Books of Lessor
  2. Problem 20: Accounting Treatment of Lessor
  3. Problem 21: Journal Entries in the Books of Lessee
  4. Problem 22: Accounting Treatment of Lessee