AS 11 Effects of change in foreign exchange rates
Nikita Kulkarni (STUDENT) (262 Points)
18 April 2018
Why share capital , investments and fixed assets are non monetary items as per AS 11 ?
1 Replies
satish
(teaching)
(2046 Points)
Replied 29 April 2018
monetary items are cash, cash equivalents, receivables and payables.
so other than these are non-monitary items.
so other than these are non-monitary items.
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