Easy Office
Easy Office

treatment of coversion charges paid to bank

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 February 2008 WHAT IS THE ACCOUNTING TREATMENT OF CONVERSION CHARGES AND COMMISSION CHARGED BY BANK FOR CONVERTING THE RUPEES INTO DOLLERfor payment to creditor FORM WHOM WE PURCHASED THE NEW ASSETS FROM OTHER COUNTRY ( IMPORT )
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
19 February 2008 These charges, being directly associated with acquisition of assets will have to be capitalised.

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


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links