CA Day celebration 2024 Easy Office
LCI Learning

FOREIGN BRANCH

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 September 2010 AT WHICH RATE SHOULD FIXED ASSETS BE RECORDED IN BALANCE SHEET OF FOREIGN BRANCH?
CLOSING RATE?
Profile Image

shakuntala chhangani

Profile Image

shakuntala chhangani (Expert)
30 September 2010 Hi, if it is Integral Foreign operation then apply rate as on the date of acquisition of fixed assets and if it is Non-Integral Foreign operation then apply closing rate.
Regards, CA Shakuntala Chhangani
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 September 2010 Thanks a lot mam
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links