Non-monetary items in foreign currency shall be converted into reporting currency by using which exchange rate? a. closing rate b. average rate c. actual rate effective on date d. all the above

Non-monetary items in foreign currency shall be converted into reporting  currency by using which exchange rate?
a. closing rate
b. average rate
c. actual rate effective on date
d. all the above
by

1 Answer

Answer :

c. actual rate effective on date
by

Related questions

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Last Answer : d) Rs.230000 is taxable

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