Under what rate will be the Head office related accounts,
like Head Office Current A/c, Goods from Head Office A/c,
will be converted in case of Foreign Branch...??

Under what rate will be the Head office related accounts, like Head Office Current A/c, Goods from..

Answer / anubhavbansal2002

There is no need of conversion for such aacounts as the
exact conversion amount is available from the Head Office
books... i.e. transactions of such accounts are recorded in
both Head office books as well as branch books.

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

When determining turnover, do you first deduct all sales returns to come to an answer or is turnover the total sales without deductions.

1 Answers  

A company maintains a margin of safety of 25% on its current sales and earns a profit of Rs. 30 lakhs per annum. If the company has a profit volume (P/V) ratio of 40%, its current sales amount to A. Rs. 200 lakhs; B. Rs. 300 lakhs; C. Rs. 325 lakhs; D. None of the above.

1 Answers  

how to get bank reconsilation statment

2 Answers  

What are the source of gaining long-term funds???? What are the limitations of gaining long-term funds???

2 Answers  

what is Book Keeping

12 Answers   Capital IQ,

how can we prepare cash deposited in bank? how we can post it in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post)

1 Answers  

What is difference between traveling and conveyance?

1 Answers   GMC,

Expand ________FDI

3 Answers  


6 Answers  

Expand ------HMRL

1 Answers  

when do we claim service tax credit?for eg: in a company they are not claiming any service tax credit for their telephone expenses incured? what would be the reasons for not claiming it?

1 Answers  

Why do balance sheet always have same total of Assets and liabilities..??? pls ans dis...my id is business.ankita@gmail.com

13 Answers   State Bank Of India SBI,