17 November 2008
A co sold goods to a major frn party @ 42 rs/usd.On b/s date co booked d exchange diffrence on the same i.e as per rate of 31 march 2008 of rs 39,but on b/s signing date ex rate changed drastically to 46rs/usd...now wat wud be implications as per AS11 & AS4???wat shud be da rate at which ex diffrence shud be booked by the co??pls help.....
CAclubindia
