What do you mean by SPOT Rate in case of Foreign
Branch...???

Answer Posted / anubhavbansal2002

SPOT rate means rate prevallng on the date of purchase of a
fixed asset or incuring any long term liability.

Is This Answer Correct ?    3 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest

1815


Expand CCIT?

2005


Have you worked with other on team endeavors

1540


How to maintain Purchase Orders ? Please explain by proper format.

1802


What is meant by Nostro Reconciliation

1640






WHAT IS THE DIFFERENCE BETWEEN COST CONTRL & COST REDUCTION

1525


Telly ERP9 is perfect accounting softwear in excise unit.

3305


Expand ----------GIDB

1620


EXPAND______________ICC

1746


What is communicating

1521


service tax form no ? What is CC Limit ? What is branch accounts?

1707


Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque

1406


Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?

1474


What does stand for EPD,MIS? Can anyone tell me briefly n clearly about this?

1840


differed tax liability

1472