Application link :- https://play.google.com/store/apps/details?id=com.commerce.wale.guruji
Welcome to **CWG for BCOM**!
In this lecture, we begin the topic **Hire Purchase and Installment System** from **Financial Accounting** for **BCOM/BBA Semester 1 (2025–26)**. This chapter explains how goods are purchased on credit with payment in installments, along with interest treatment and accounting entries. It is one of the most important topics for **university exams** and **commerce competitive courses**.

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### **What You’ll Learn in This Video:**

Meaning of Hire Purchase System
Meaning of Installment System
Difference between Hire Purchase & Installment System
Features of Hire Purchase Agreement
Journal Entries in the Books of Hirer & Vendor
Interest Calculation Concepts
Exam-Oriented Explanation with Easy Examples

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### **Who Should Watch This Video:**

BCOM & BBA 1st Semester Students (2025–26)
CA Foundation / CS Executive (CSEET) / CMA Foundation Aspirants
Students preparing for **Financial Accounting**
Hindi & English Medium Learners

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### **Learn More with CWG for BCOM:**

**Download the CWG for BCOM App (Paid Courses Available)**
[https://play.google.com/store/apps/details?id=com.commerce.wale.guruji](https://play.google.com/store/apps/details?id=com.commerce.wale.guruji)

**Join Telegram for Free Notes & Practice Questions**
[https://t.me/cwgforbcom](https://t.me/cwgforbcom)

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### **Stay Connected:**

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Email: [[email protected]](mailto:[email protected])

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