Foreign Exchange for Financial Statements

This query is : Resolved 

03 June 2010 Hello,

Can we take average exchange price for P&L at the end of the year?
For example: 41.10(Q1)+42.52(Q2)+40.35(Q3)+45.20=42.29(Avg Price)

04 June 2010 The average will be of the exchange rates at the begining and at the end of the year and not of quarters as mentioned in your query



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