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  Accounting Under Hire Purchase System        *** keys Of Hire Purchase System- 1 )Hire purchase price-   Cash Price+Interest  “total of amount paid by hire purchaser to hire vendore." 2)Interest -   Hire Purchase Price-Cash Price 3) Downpayment-                     Is the essential amount paid by purchaser to hire buyer for a time of contract. 4) Total Outstanding  = Interest+ Opening Balance{B/S} 5)  Opening Balance  = Total Outstanding -Interest 6) Closing Balance  =  Total Outstanding - Installment 7)Depreciation is always calculated on  cash price. 8) Method of Depreciation - a)Straight Line Method b)Reducing Balance Method 9) Repossession of goods-  Is done when buyer create a default on payment. This were the some basic keys of Hire purchase System Hope you like it For more educational help, please follow and like this page. To go to the page  click h...

Integration Formulas  In this post, you will get all the formulas required to solve integration problems. 1] Integration of Standard Function   Here formulas of Integration of Standard Functions are given- 1]    ∫  dx= x+c 2]    ∫ 1/x = logx+c 3]    ∫ dx  =  e x  +c 4]   ∫  a x  dx =  a x /loga +c 5]   ∫ cosx dx = sinx+c 6]   ∫  sinx dx = -cosx+c 7]    ∫ s ec 2 x dx = tanx+c 8]    ∫ c osec 2 x dx = -cotx+c 9]   ∫ secx.tanx dx = secx+c 10]  ∫ cosecx.cotx dx = -cosecx+c 11]  ∫  1/√ (1- x 2 ) dx  =  Sin -1 x+c 12]  ∫ - 1/√ (1-   x 2 ) dx = - Cos -1 x+c 13]  ∫  1/ (1 + x 2 ) dx =   tan -1 x+c 14]  ∫ 1/ (1 + x 2 ) dx =   cot -1 x+c   15]    ∫  1/x√ (   x 2 -1) dx =  sec -1 x+c 16]  ∫ 1/x√ (   x 2 -1) dx  =  -cosec -1 x+c 17]  ∫ co...