Question: answer as per Ind AS FR FR S-5: The functional and presentation currency of parent P is USD while the functional currency of its subsidiary

answer as per Ind AS FR

answer as per Ind AS FR FR S-5: The functional and presentation

S-5: The functional and presentation currency of parent P is USD while the functional currency of its subsidiary S is EURO. P sold goods having a value of USD 100 to S when the exchange rate was USD 1 = Euro 2. At year-end, the amount is still due and the exchange rate is USD 1 = Euro 2.2. How should the exchange differences be accounted for in the consolidated financial statements

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