What do you mean by SPOT Rate in case of Foreign
Branch...???
Answer / 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 |
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I am a non commerce graduate acting as office manager in a construction company. I am interesting to learn accountancy thru short cut methods and in a short duration. Can any body there to help me. I will be pleased to receive any sugessions and learning tips to my e-mail
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