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Where will you show the EXCHANGE RATE RESERVES in final
accounts....???
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Answer / anubhavbansal2002
Exchange rate reserves will be shown in P&L A/c, as per AS
11.
| Is This Answer Correct ? | 3 Yes | 1 No |
Difference in exchange rates are shown in profit & loss
acounts only
| Is This Answer Correct ? | 3 Yes | 1 No |
expand E P F
Expand C C A
ABC Co. is considering an investment with a cost of $55,000. Annual cash savings of $100,000, Present Value at %12 (ABC's discount rate) of $56,502, are expected for the next 10 years. What can we conclude? 1. ABC Co. should make the investment 2. The investment offers a 12 percent rate of return
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