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expense in foreign currency

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04 June 2011 in final accounts we have to state exp. incurred in foreign currency during the year. whether it should be only revenue expense ( charged to P & L ) or it includes exp incurred to purchase capital asset also
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prasad

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prasad (Expert)
04 June 2011 In the schedule VI.the total expenditure in foreign currency. Means total utilisation of foreign currency. Hence, one has to state capital as well as revenue expenditure.
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