Question

Mr. Y sold Goods worth 2,000 US $ when the rate of one
$ was equal to Rs. 72. After two months, when the
payment was made, at that time rate of one $ has
become Rs. 74. This will be recorded -
OPTIONS
a.
Bank account to be debited by Rs. 1,44,000
b.
Sales account to be credited by Rs. 1,48,000
O c.
Foreign Exchange Fluctuation account to be
credited by Rs. 4,000
d.
Foreign Exchange Fluctuation account to be
credited by Rs. 6,000​

Answer 1

Answer:

Sales account to ve credited by Rs.1,48,000.

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