Easy Office
LCI Learning

As-10,11,16

This query is : Open 
Profile Image

Profile Image

(Querist)
11 April 2012 if advance given for purchased of fixed asset was in foreign currency when US$ was RS 50. But when asset arrived in india the value of US$ was RS. 55 resulting into forex gain . What shall be the accounting treatment .
Profile Image

Vishal Sharma

Profile Image

Vishal Sharma (Expert)
14 April 2012 Pls clarify how much advance in percentage is given (i.e 100% or less)

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links