BLtd. purchased a plant from
UK on 1st March, 2020 but has
not been paid for by 31st
March, 2020; the date of
closing the books. The cost of
the plant was $ 2,00,000. The
exchange rates were : 1st
March, 2020: $ 1 = Rs. 73, 31st
March, 2020 : $ 1 = Rs. 71 The
exchange difference is
Rs. 1,00,000
Rs. 2,50,000
Rs. 2,00,000
Rs. 4,00,000
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