Question
A company buys a machine from the US at $50,000 when $1
= ₹70. On balance sheet date, $1 = ₹75. How is this change treated?Solution
Monetary items (like creditors) are restated at closing rate and exchange difference is charged to P&L.
Determine the average of all prime numbers that lie between 35 and 70.
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What is the average of the squares of the first 35 natural numbers?
