Where will you show the EXCHANGE RATE RESERVES in final
accounts....???
Answers were Sorted based on User's Feedback
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 |
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