Question
An Indian exporter receives a payment of USD 50,000 when
the exchange rate is ₹83/USD. At the year-end, the rate drops to ₹80/USD and the amount is still held in the foreign currency account. How is this treated under Ind AS 21?Solution
The drop in value results in an unrealised exchange loss, which must be recorded as per Ind AS 21.
Soap is prepared by boiling caustic soda with -
Irrigation is not measured in which of the following units?
Which of the following Indian sheep breed is known for producing superior
quality carpet wool
How many Primary Agricultural Credit Societies (PACS) are part of the pilot project for decentralized storage capacity?
Flooding ________ P availability
Which of the following is popularly known as queen of vegetables?
Hamulate type of wing coupling apparatus found in ____
Which of the following is a long-term effect of urea application?
Select the option that can substitute the underlined part of the sentence. If no substitution is needed, select 'No improvement required'.
This i...
Keratin, a structural protein is present is ____
