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foreign exchange gain loss

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10 Points Posted on 27 May 2019
A company purchased Raw material in Dollar and made payment to vendor in dollar from EeFc account
is any exchange gain loss will be booked in the account book
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On 27 May 2019 at 21:18 Report
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11 Points Posted on 04 June 2019
what is EeFc??
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On 04 June 2019 at 09:36
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10 Points Posted on 04 June 2019
EEFC IS THE ACCOUNT MAINTAINED BY COMPANY WITH THE BANK IN DOLLAR
BALANCE WITH THE BANK WILL BE IN DOLLAR
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On 04 June 2019 at 09:59
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11 Points Posted on 04 June 2019
Then loss is debited to his eefc a/c and gain is credited
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On 04 June 2019 at 12:31


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