Exchange differences arising on the settlement of monetary items should be recognised A. In the Balance Sheet
Question:
Exchange differences arising on the settlement of monetary items should be recognised
A. In the Balance Sheet as capital reserve
B. In the Profit and Loss Account as income or expenses
C. Neither of the above
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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