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Foreign exchage gain and loss

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28 July 2014 i have a public company now 5 transactions of purchase done and comes in all cases foreign exchange loss and in 6th transaction foregn exhange gain so in accounting entries can it be set-off i.e entry for 6th transaction foreign exchange loss (credir) or saperate accounts are required for both

28 July 2014 in my opinion you can keep any method among both.



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