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CA Final doubt

Answer would be in $ or €?

Image attached to the doubt: Answer would be in $ or €?

Asked by Biswajit5 Jul 2024478 views

1 answer

  1. Vedant · 15 Jul 2024

    Always read the question and try to understand the home currency. For example in this case, since we are talking of an American importer who has a payable, we have to see how many US dollars he would have to spend to get 15L euros. Hence in this case the answer will be in US Dollars.

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