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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