computation of FMP

This query is : Resolved 

21 October 2010 Whether the Foreign exchanges loss on principal amount of loan is to be adjusted while compution FMP ?

21 October 2010 yes the if the loan is advanced and there is loss cause of forex than at the year end it is to be adjusted and the other effect to be given to P&L account


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query