foreign Currency A/c treatment

Rider ride (CA Final) (180 Points)

20 December 2009  

 Hi 



please tell me accounting treatment for this following events







Event 1-A Co. acquires acquires foreign currency ( say USD) in exchange for RS. ( say 1000 $ @ Rs. 50 per $ )



Event 2-Now they release this FC to one of their marketing officer for his foreign tour under imprest system. Say Co released 1000 $.



Event 3-One month later after touring the traveller surrendered 100$ and expense sheet for 900$.



Event 4 - Co. Exchanges 100 $ for Rs 48 .



Please write a/c entries for all 4 events !



thanks