On 10th January, 2020; ABC Ltd. brought
goods from USA dealer for $ 1,00,000.
first instalment was of $ 60,000 paid on
2nd February, 2020 and remaining
amount paid on 2nd March, 2020. The
exchange rate was : 10th January 2020 : $
1 = Rs. 70, 2nd February, 2020: $ 1 = Rs.71
and 2nd March, 2020: $1 = 69. The
amount of net difference in exchange
transferred to Profit & Loss Account is
Answers
Answered by
0
Answer:
the lost emphasis
Explanation:
please Mark as brainliest and follow
Similar questions