Accountancy, asked by tirath13, 1 year ago

In case of foreign branch the amount of creditors will be converted at
A. Closing rate
B. Opening rate
C. Average rate
D. None of these​

Answers

Answered by karneshsub
4

Opening rate i dont know whether it. Is right


tirath13: I want cnfrm answer pls
Englishtopper: Right
karneshsub: first
Answered by Englishtopper
3

In case of foreign branch the amount of creditors will be converted at opening rate .

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