AS-11

Rs.3 per US$ is a exchange fluctualtion loss to you and should be expenses under the category Los on foreign exchaneg fluctuation.

Thanks and regards,

Manoj Gavali

the difference will be treated as loss  and gain according to exchange rate

ANY DIFFRENCE ARISING FROM FOREIGN CURRENCY SHOULD BE TRANSFERED TO A SPECIAL A/C CALLED FOREIGN EXCHANGE FLUCTUATION A/C...

IN UR CASE THE LOSS OF 3$ SHOULD BE DEBITED TO THE SAID A/C...