Question

A long-term loan was obtained from Z Ltd ₹2000000 which was recorded at $1=₹36.20, the rate on the date of transaction. The exchange rate on the date of balance sheet was $1=₹37.40. The loss due to exchange difference is​

Answer 1

Answer:

yes you can do 70 up to 70 transactions

Answer 2

Answer:

The loss due to exchange difference is , rupees 66,312 /-