Valuation of Closing Stock of Import Purchase


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 February 2011 Whether we have to take into consideration of Foreign Exchange Fluctuation on Closing Stock of Import Purchase lying with us on 31st March?

Import Purchase is fully paid out and nothing is outstanding to pay.

06 February 2011 Inventory is non monetary items , ERV will not apply on this.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 February 2011 will u pls provide any reference regarding this so can i study it.




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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries