In case of foreign exchange contract which is not for trading & speculation, until the premium or discount is not amortized , in which ac this balance will be shown in balance sheet on year end??
Exchange differences in such a contract should be recognized in the statement of profit and loss in the reporting period in which the exchange rates change.
Actually monetary value that is pre determined Since land bechk market rate milega we don't know that it will give what fixed rate on the date of agreement Monetary items will give fixed and determined rate on the date of agreement...
Starts at 6:40
Crystal clear to brain 🧠 1111
You mads this chapter very logical 😍🥰🥰tq kaju... Sirrr...
Owesome sir
Ur teaching way is just sooo amazing 😍🙏
Thank you so much sirr❤️❤️
In case of foreign exchange contract which is not for trading & speculation, until the premium or discount is not amortized , in which ac this balance will be shown in balance sheet on year end??
Exchange differences in such a contract should be recognized in the statement of profit and loss in the reporting period in which the exchange rates change.
@@sachinpandey3858 ok, thank you. 🙏
notes kha provided hai sir ??? kindly add to Video info
Thank you so much sir
And love you❤️❤️🙂🙂
please provide the notes
Sir part 2 of as 11 kha milega
U r amazing sir
Thank you so much ❤️
Love you
KINDLY PROVIDE THE NOTES OF PART 1 AND 2 AND 3 OF AS 11
42:00
English name would be better to refer to outsider
✨❣️
debtor agar hume paise dedega to wo bhi humara asset nahi reh jayega
same thoughts.
Actually monetary value that is pre determined
Since land bechk market rate milega we don't know that it will give what fixed rate on the date of agreement
Monetary items will give fixed and determined rate on the date of agreement...
You're amazing sir ...thankyou ♥️🙏
KINDLY PROVIDE THE NOTES OF PART 1 AND 2 AND 3 OF AS 11