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Fintech Ltd. purchased a plant on 2 points
1st January 2019 but has not been
paid for by 31st March 2019; the
date of closing the books. The cost
of the plant was $ 1,00,000. The
exchange rates were : 1st January, ,
2019: $1 = Rs. 39.31stMarch, 2019:
$ 1 = Rs. 40. The exchange difference is
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