Question

The balance in exchange difference on
transaction of export sale is transferred to​

Answer 1

It is much more expensive there is another difference also




But for that give a thank and as brainlist





Post question again







I will surely tell the answer which is another one

Answer 2

The profit and loss account is the correct answer.

• The balance in exchange difference on the transaction of the export sale is transferred to​ the profit and loss account.
• A company's revenue and expenses are shown in a profit and loss statement over a specific period, generally one month or aggregated months over a year.
• These numbers demonstrate whether your company generated a profit or a loss during that time.
• A company's profit and loss statement are calculated by adding all of its sources of income and deducting all of its expenses related to revenue. The income statement, commonly known as the profit and loss statement, summarizes a company's financial results for a given time frame.
• All of the year's receipts and outlays are listed in the profit and loss account. While all of the incomes are recorded on the credit side, all of the expenses are recorded.

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