Dear Friend,
I Import Machinery At 10000 $ And On Payment Date Exchange Rate Is Rs. 60
And In Same Finalcial Year Bill Received And On That Date Exchange Rate Is Rs. 62
So, My Question is At Which Rate i Recognised My Asset And Diff Is Capitalised Or Credit Or Debit To P & L A/c
ADY & CO.
New Delhi
Graduate (Any)
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Varma Raja & Associates
Thrissur
CA Inter
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M N Rao & Associates LLP
Vijayawada
CA Inter
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CCI
Pro
CAclubindia
