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Where will you show the EXCHANGE RATE RESERVES in final
accounts....???

Question Posted / anubhavbansal2002

Answers were Sorted based on User's Feedback



Where will you show the EXCHANGE RATE RESERVES in final accounts....???..

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

Where will you show the EXCHANGE RATE RESERVES in final accounts....???..

Answer / k. srinivasa rao

Difference in exchange rates are shown in profit & loss
acounts only

Is This Answer Correct ?    3 Yes 1 No

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