If the US$ falls in value against the Indian (INR), and you have net $ liability

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If the US$ falls in value against the Indian ₹ (INR), and you have net $ liability
A. An exchange loss will result
B. An exchange gain will result
C. Neither gain or loss will result

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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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Question Posted: Aug 18, 2023 01:34 PM

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If the US$ falls in value against the Indian (INR), and you have net $ liability

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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

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