Hire Purchase - Partial Repossession ~ For B.Com / M.Com

For full course, visit: academyofaccounts.org
Whatsapp : +91-8800215448
Explained the concept and procedure of partial repossession in Hire Purchase system.
Question Information:
On 01.01.2010 Chetali purchased from Deepali three machines costing Rs.2,00,000 each payable Rs.50,000 down and three annual installments of Rs.60,000 for each machine at the end of each year. The purchaser charges depreciation on machines @ 10% p.a. on written down value method.
Chetali could not pay second instalment and Deepali took possession of two machines. Value of the Machines repossessed was to be determined after charging 25% depreciation under straight line method. Deepali paid Rs.10,000 for repairs on repossessed machines and sold them for Rs.80,000 each.
Show the necessary accounts in the books of Both the parties.
Student can also watch following lectures related with the same topic :
1. Full Repossession in Hire Purchase :
• Full Repossession of G...
2. Mid Year Partial Repossession in Hire Purchase :
• Hire Purchase (Partial...
Students can download relevant study material from the below mentioned link for better understanding of the concepts...
Download Assignments: drive.google.com/drive/folder...
#HirePurchase #Repossession #Accounting

Пікірлер: 159

  • @vishruthtallam1587
    @vishruthtallam15874 жыл бұрын

    Sir Hats Off to you. No one was able to explain this concept to me so well. You covered everything which I felt to be complex and tough and I didnt even feel that I was learning the tough part, you made it so easy. THANKYOU VERY MUCH SIR

  • @nitishchaturvedi3876

    @nitishchaturvedi3876

    2 жыл бұрын

    Where can I find the playlist of Hire purchase

  • @sagarghosh5926
    @sagarghosh59266 жыл бұрын

    I'm dying to see more videos. Please upload more videos :; related to hire purchase. Thank you. I wanna be your pupil. You are a great teacher.

  • @harshvats677
    @harshvats6774 жыл бұрын

    Sir , you are great teacher for accounting. Your experience is so best than others . I am regularly watching your videos for financial accounting

  • @divyanshijain3716
    @divyanshijain37163 жыл бұрын

    Thank you so much sir! I had doubts in two points but now they are crystal clear! 🤗

  • @siddhanthamsaathvika4925
    @siddhanthamsaathvika49253 жыл бұрын

    SIR ! THANK YOU VERY MUCH FOR EXPLAINING IN SUCH AN APPROACHABLE MANNER

  • @shivamkabra6104
    @shivamkabra61044 жыл бұрын

    On par with the best accounts professors in India! Big fan of yours sir !

  • @manavsarvaiya1960
    @manavsarvaiya19603 жыл бұрын

    Yeh sir insaan nahi MAHAMANAV h CA inter me joo sikh nahi paya, voh 20 min me vasool karva diya

  • @lalchandkesarwani9038
    @lalchandkesarwani90383 жыл бұрын

    thanku thanku thanku very much sir apko nhi pta apne mere pr kitna ehsaan kiya h sir me topic subh se kr rhi thi lekin nhi hua last me aapki video dikhi thanku so much

  • @tusharjoshi5450
    @tusharjoshi54505 жыл бұрын

    Thank you so much yr.... Ur teaching method is so good to understand 😍😘😘

  • @VishalSoni-gb6fh
    @VishalSoni-gb6fh3 жыл бұрын

    Hello sir....watching this session solved my all queries regarding to this topic Thank a lot sir.....

  • @badalhira5054
    @badalhira50543 жыл бұрын

    Sir you're just awesome 🥰 Cleared my each n every doubt

  • @SIMRAN-oh5lw
    @SIMRAN-oh5lw3 жыл бұрын

    Sir aapji bde ashe trike se smjhate hai👍👍🙏🙏

  • @rahulsinghrahulsingh4890
    @rahulsinghrahulsingh48905 жыл бұрын

    Sir you are superb 😇👏👏 Thank you sir ..

  • @shanewaransari786
    @shanewaransari7864 жыл бұрын

    Awesome sir. Sir I use to watch your all video. Sir now I am in B. Com. Please make more video. Have a great day sir. Thanks alot

  • @anjalimaheshwari556
    @anjalimaheshwari5562 жыл бұрын

    Thank you sir... I'm preparing for ca inter nov22 and your lectures are very helpful

  • @nunlhouvum4175
    @nunlhouvum41754 жыл бұрын

    Sir...i do really love yur brilliant way of teaching regarding..... this topic...however i couldn't get what u actually explain....so it would be convenient and profitable if only u could lectured us in english ...i believe it will also be convenient n profitable for students who hve problem in hindi.......lots of love from manipur student...

  • @manojs4035
    @manojs40353 жыл бұрын

    Thanks sir for the valuable lesson 🙏🙏🙏

  • @jayanathani3680
    @jayanathani36805 жыл бұрын

    Sir can you please make a video on Hire Purchase Trading Method along with their journal entries.. Sir please upload that🙏🙏

  • @saumyasrivastav8503
    @saumyasrivastav85034 жыл бұрын

    Thnqq so much sir for my concept clearance

  • @abhishekdan6159
    @abhishekdan61592 жыл бұрын

    Sir,You are The Best Teacher❤

  • @ganpatganpat6758
    @ganpatganpat67582 жыл бұрын

    Thank You so much sir for giving us this wonderful and informative video. Sir I have an doubt , if specifically mentioned in the question is Vendor and Purchaser followed that particular method for calculating depreciation like WDV and SLM methods. Or If any agreement between the purchaser and vendor , then how they calculate depreciation.

  • @mihirsaxena1225
    @mihirsaxena12256 жыл бұрын

    Maza a Gaya sir ap bahut acha padhate hai😍😍😍

  • @bhartiagarwal4941
    @bhartiagarwal49415 жыл бұрын

    extremely grateful sir

  • @mahadevkedeewane9201
    @mahadevkedeewane92015 жыл бұрын

    Thank you so much sir...

  • @ra.re.ri.
    @ra.re.ri.2 жыл бұрын

    Thankyou very much sir 😊✨🙏🏻

  • @savigera844
    @savigera8445 жыл бұрын

    Sir no one can teach better then you...

  • @ajaynagar6870
    @ajaynagar68704 жыл бұрын

    Sir you are the great teacher

  • @aleenakhan5081
    @aleenakhan50814 жыл бұрын

    Always only this topic related to repossession come in xam.. It's true✌

  • @shaileechoudhary4330
    @shaileechoudhary43304 жыл бұрын

    Thanku, thanku, thanku, thanku So much sir

  • @nawabansari3422
    @nawabansari34222 жыл бұрын

    You are amazing teacher

  • @aditijoshi6592
    @aditijoshi65924 жыл бұрын

    On 1^( st ) April 2010 Gopal purchased 4 cars from Telco Co.on hire-purchase system.The cash price of each car was Rs.2 00 000 .He was to pay 25% immediately and the balance in five yearly instalments together with interest at 10% p.a.Gopal depreciates the cars @20% p.a.on diminishing balance method. After paying the two instalments Gopal could not pay the third instalment and seller took possession of 3 cars at an agreed value to be calculated after deducting 25% from the amount paid by Gopal against these 3 cars. Seller after spending Rs.12 500 on repairing sold away all the three cars for Rs. 2 80 000 . Prepare necessary ledger accounts in the books of both the parties.Books are closed on 31^( st ) March every year.

  • @mdsaifahmad2851
    @mdsaifahmad28512 жыл бұрын

    Sir u r not explaining every topics.. Plzz explain the whole chpter and whole chpter solution also.. Because u r the best i am able to understand after seeing ur videos so plzz.. My exams are very near

  • @realkafka2837
    @realkafka28377 ай бұрын

    Thank You Sir 😊

  • @sohrabali2021
    @sohrabali20216 жыл бұрын

    Sir aap please department ka video banaye

  • @gloryjasmine5686
    @gloryjasmine5686 Жыл бұрын

    Thank you so much sir .

  • @odiatokasagar
    @odiatokasagar2 жыл бұрын

    Thank you so much sir

  • @sufalsarkar9447
    @sufalsarkar94473 жыл бұрын

    sir your voice is so sweet

  • @sejalrawat4402
    @sejalrawat44024 жыл бұрын

    Sir agar vendor debtors pe provision for doubtful debts maintain karta h to ledger accounts mei kya farak padega

  • @am.g9992
    @am.g99924 жыл бұрын

    great teacher

  • @marychiinlunmawi1923
    @marychiinlunmawi19235 жыл бұрын

    Sir can u please upload a video for stock and debtors method.

  • @SeemaDevi-cm7ud
    @SeemaDevi-cm7ud3 жыл бұрын

    Thanks sir ji

  • @surajmondal9758
    @surajmondal97585 жыл бұрын

    Thank you sir

  • @isachinydv
    @isachinydv Жыл бұрын

    Naresh Sir = less time more concepts.

  • @sidhartharya9142
    @sidhartharya91425 жыл бұрын

    sir plzzzz hire purchase part 2 ki video banaye ji

  • @namratapfandi1307
    @namratapfandi13075 жыл бұрын

    Thank u sir

  • @devanshbhardwaj6618
    @devanshbhardwaj66185 жыл бұрын

    Sir very very nice video make more videos

  • @tusharpant9108
    @tusharpant91084 жыл бұрын

    sir ek baar equally instell..wala kerao jisme cost price ka total equal hai hire pur...ke usme intr...kaise nikale table ke aacording

  • @kamina5199
    @kamina51995 жыл бұрын

    Thanks sir...

  • @Abhishek73200
    @Abhishek732004 жыл бұрын

    Sir technical name of journal particular & thanks for lecture

  • @sakshichalotraa5162
    @sakshichalotraa51622 жыл бұрын

    Hi sir thank you

  • @raquibansari6544
    @raquibansari65443 жыл бұрын

    I will wait sir to your reply

  • @Sana_hidden
    @Sana_hidden3 жыл бұрын

    1.30 ma mera relative ka exam hai and I'm here to watch sir's video to recall my memory to help my relative. 😂 Btw thanks sir 👌

  • @annis1095

    @annis1095

    3 жыл бұрын

    Same as kya tum apna insta I'd de sakti ho

  • @Sana_hidden

    @Sana_hidden

    3 жыл бұрын

    @@annis1095 can I ask you! Why?

  • @MohitKumar-kh4tc

    @MohitKumar-kh4tc

    2 жыл бұрын

    @@Sana_hidden because he is single

  • @taj____

    @taj____

    Жыл бұрын

    @@MohitKumar-kh4tc lmao 🤣

  • @chhavisingh2550
    @chhavisingh25502 жыл бұрын

    Thank you sirr

  • @hkaur6642
    @hkaur66425 жыл бұрын

    Tysm sir☺

  • @pooja8309
    @pooja83096 жыл бұрын

    You explained it very well

  • @nishasaini3447
    @nishasaini34473 жыл бұрын

    Thanks sir

  • @zoyaali8396
    @zoyaali83965 жыл бұрын

    tq so much

  • @nehatuteja1796
    @nehatuteja17966 жыл бұрын

    Sir plz solve question no. 36 chapter- 4 admission of a partner

  • @RohitKumar-se7db
    @RohitKumar-se7db3 жыл бұрын

    Does anyone can tell me that the interest in this question can be find with common difference

  • @lopeshmandal08
    @lopeshmandal08 Жыл бұрын

    Sir aap konse book se study karate ho?

  • @monikarastogi7139
    @monikarastogi71395 жыл бұрын

    sir aagar seller kaa dep. percentage nahi dii hoo to kya karagaa

  • @vegesnadivya8867
    @vegesnadivya88674 жыл бұрын

    Hi Sir Plz solve this Problem for me... Raja purchased an asset under hire purchase system for 60,000 payments to be made 15,000 down and three installments of 18,000 each at the end of each year rate of interest is 10% P.a. Raja depreciates asset @ 10% p.a on diminishing balance method due to financial difficulties. Raja could not pay any installment after first installment and selling company took possession of the asset the selling company after spending 1,500 on repairs it sold away the asset for 38,000 prepare necessary ledger accounts in the books of both the panties ...??

  • @SangeetaKumari-no1ho
    @SangeetaKumari-no1ho5 жыл бұрын

    Hire purchaser ki book mai hire price likhte h ya cash price

  • @alishasahu5208
    @alishasahu52082 жыл бұрын

    In mah view u r 💎 sir

  • @sheela2257
    @sheela22572 жыл бұрын

    Which book is being used by sir?? Mko qstn chahie! I don't have question... Can someone help??

  • @ashishkhandelwal7989
    @ashishkhandelwal79892 жыл бұрын

    Sir PLZZ uplod more videos to this cgapter

  • @bhavanapathak4197
    @bhavanapathak41976 жыл бұрын

    sir can u please upload more video of hire purchase

  • @PujaKumari-gy1ov
    @PujaKumari-gy1ov5 жыл бұрын

    Sir tax ka video class ka kya price h

  • @CMA_parveen
    @CMA_parveen6 жыл бұрын

    God bless u sir ..

  • @Klick213
    @Klick2136 жыл бұрын

    Sir 's voice ☺️

  • @arogyajalimart6977
    @arogyajalimart69776 жыл бұрын

    Wow thanku sir. Concept is cleared...

  • @Horrorfictions
    @Horrorfictions4 ай бұрын

    Sir aap kon si book k questions krvate h?

  • @skroy1343
    @skroy13436 жыл бұрын

    jab instalment given na ho tab kya kare?

  • @richaparihar4529
    @richaparihar45296 жыл бұрын

    Thank you sir you explained really well

  • @sun-jaykhanal8915
    @sun-jaykhanal89153 жыл бұрын

    you must be upload pdf of solve Qsn .which is more benefited for us.

  • @thejatin3453
    @thejatin34534 жыл бұрын

    Nice videos

  • @soudaminipaital2257
    @soudaminipaital22575 жыл бұрын

    Hire purchase introducing video up load karo sir plzzz

  • @komalmahra9077
    @komalmahra90773 жыл бұрын

    Always first prfrnce....

  • @robinrohiwal2024
    @robinrohiwal20245 жыл бұрын

    I love u sir

  • @Nikhil-mf9hl
    @Nikhil-mf9hl3 жыл бұрын

    💯

  • @annujha7392
    @annujha73922 жыл бұрын

    Sir aap kon si book se padhate ho pls IGNOU ki books se padho

  • @mahidutt5756
    @mahidutt57563 жыл бұрын

    Sir aapka Coaching kahan hai? Aap Acounts bahut achaa padhate h sir plz btaiye aapka Coaching kahan h mujhe admission krwana h, B.Com mei

  • @simranrawat4413
    @simranrawat44133 жыл бұрын

    There is no assignment of hire purchase in the link

  • @aryabharti4346
    @aryabharti43464 жыл бұрын

    sir hire purchase ka 1st lecture kha se h

  • @utkarshgarg612
    @utkarshgarg6126 жыл бұрын

    Best explanation to the topic.... loved to learn from here

  • @anjalichand7523

    @anjalichand7523

    5 жыл бұрын

    Explanation is good

  • @aryanverma9397
    @aryanverma93974 жыл бұрын

    please make the board brighter

  • @AbhishekPandey-pd5ro
    @AbhishekPandey-pd5ro6 жыл бұрын

    Sir plz upload more videos of chapters like inventory valuation and inland branches as Exams are coming up

  • @studywithviveki752
    @studywithviveki7525 жыл бұрын

    Mr A purchased a machine from B on 1january 2001 on hire purchase system.cash price was 50000. The rate of interest is 10%p.a. hire purchase price is paid in 3 yearly installment in equal amount . The first installment paid in 31Dec. 2001 . Find the amount of installment and interest ?? Sir , please reply .....

  • @rajatbhamniya8155

    @rajatbhamniya8155

    5 жыл бұрын

    Sir transfer of asset to third party se related questions krvao plg

  • @surajmondal9758
    @surajmondal97585 жыл бұрын

    Sir app calcutta university ka syllabus ka video karo

  • @minfscsped
    @minfscsped10 ай бұрын

    ❤❤❤❤❤❤❤❤

  • @sandeepkharwar3099
    @sandeepkharwar30992 жыл бұрын

    Sir M.com Final year ka Har subject ka video send kijiye plz sir

  • @rakhisarkar3115
    @rakhisarkar31153 жыл бұрын

    Sir Good repossessed ke time pe 1 machine ka repossessed ho ga na. Ap uthar 2 machine ka repossessed kiya ku.

  • @rakhisarkar3115

    @rakhisarkar3115

    3 жыл бұрын

    Sir quick reply kar na. Problam ho ra he muje.

  • @vijay-fq2gk
    @vijay-fq2gk3 жыл бұрын

    🥰

  • @rajinder2115
    @rajinder21154 жыл бұрын

    Sir aap ne joo abhi sum nikala oss question ke pic naii show ki aap plzz sum ki pic daal dijiyee🙏

  • @shrutitaneja8380

    @shrutitaneja8380

    3 жыл бұрын

    Description me h

  • @deepanshijain5401
    @deepanshijain54015 жыл бұрын

    Sir kya hire purchase ki sari videos available h youtube pe?

  • @vinitachandra6277

    @vinitachandra6277

    5 жыл бұрын

    Han yeh batao

  • @user-cl3gt9wl3j
    @user-cl3gt9wl3j24 күн бұрын

    Sir ques toh dikha dia karoo

  • @vaibhavjha7113
    @vaibhavjha71136 жыл бұрын

    Is it enough from CA intermediate exam's point??

  • @CANareshAggarwal

    @CANareshAggarwal

    6 жыл бұрын

    No

  • @camanvigarg
    @camanvigarg6 жыл бұрын

    Sir can u plzz upload more video on the ques based upon partial repossession

  • @ambivertlad

    @ambivertlad

    6 жыл бұрын

    Hlw manvi

  • @teddymweu7030
    @teddymweu70303 жыл бұрын

    i wish you talked a language everyone can understand like english

  • @sandhyakumari7211
    @sandhyakumari72114 жыл бұрын

    Sir hire purch.. ka or video bnaiye

  • @sandhyakumari7211

    @sandhyakumari7211

    4 жыл бұрын

    Sir aap kha se ho . Or apki class kha chlti h