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Accounts Tax GST
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Accounts Tax GST
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GST Registration limit Domestic Company ?

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manisha jakher
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Raghu Nath
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Sunny Singh
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Ostwald dilution law of 11th class

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Accounts Tax GST
hem1717's image
hem1717
Nov. 20, 2016, 5:38 p.m.

Respected Sir/Ma'am! Would you pls explain the third entry, i.e.

  MAX LTD USA Dr.      2000

     TO FOREIGN EXCH. FLUCTUATION    2000

I want to know if the company made purchase suffered any loss due to exch. rate diff and why Max ltd has been debited and foreign exch has been credited.

 

Thanks,

Hemant

Answer