CA Inter doubt
In case of integral foreign operations prepaid expenses shall be converted using which rate ?
Asked by Harshi6 Aug 2024629 views
3 answers
Harshi · 6 Aug 2024
Okk tq
Viswanath · 6 Aug 2024
By using exchange rate of date of transaction,
Shalin · 6 Aug 2024
In case of integral foreign operations, prepaid expenses should be converted using the exchange rate on the date of the transaction.
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