AS 11 average rate

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suneel (Querist)
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29 April 2008 Hi Sir,

Average rate for Year 2007-08 what does it mean..
Is it average rate of foreign currency form april 1 2007 to march 31 2008

or average of exchange price As on april 1 , 2007 and 31st march 2008

I would be thankful if any one can help me on this issue

Suneel

jaygulani

jaygulani (Expert)
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29 April 2008 Average rate for Year 2007-08 it mean: It average rate of foreign currency form april 1 2007 to march 31 2008. For any problem to ask me : You are feel free. I am account teacher and have expreince of 20 years. 788 Nos. student became CA under my guidence. contact me on +91 9424515253

suneel

suneel (Querist)
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14 May 2008 Thank u madam

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