Foreign exchange gain or loss
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 May 2013
Where to show foreign exchange gain or loss?
Whether it is to be shown in P&L or BS?
Please reply....
Whether it is to be shown in P&L or BS?
Please reply....
09 May 2013
It is based on the transaction nature. refer AS-11 for complete guidance
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