Accounting entry of usd transaction in inr

Rahul Saxena (Sr . Accounts Payable) (8 Points)

02 February 2018  

Hi All,

I have a query it would be great if someone answer me.

 

A company bought goods of 100 USD ( exchange rate ₹66) at time of purchase.

Now when company made payment to vendor 100USD (exchange rate is ₹67)

 

Company do the accounting in INR can someone tell me what will be entry for both?