Question
A company imports machinery payable in USD after 6
months. If the liability remains unpaid at year-end and the exchange rate has increased, how should the difference be accounted for?Solution
Foreign currency monetary items (like creditors) are restated at closing rate, and the exchange difference goes to P&L, unless it relates to qualifying assets (then eligible for capitalization under Ind AS 23).
Which is one of the essential amino acid which is abundant in milk proteins
Lumpi-Pro VacInd, a vaccine for Lumpy disease of cattle has been developed by ____
Which one is not the principle of system of rice intensificationÂ
What is the potential harm associated with fluoride levels exceeding 10 ppm in drinking water?
Which insect order includes some of the largest insects and is primarily aquatic in its larval stage?
The sewage and sludge contains an average NPK content of
(A) 2.0 to 3.0% N. 1.0% P2 O3 and 1.0% K2 O
(B) 2.0 to 4.0% N. 2.0% P2 O3 an...
Food products which provides health benefits beyond the nutrient contribution when they are eaten on regular basis in adequate amount is called.
Specific yield is also known as
Which of the following is an Adulterant for Coffee powder?
The minimum tillage, wherein primary tillage is completely avoided and secondary tillage is restricted to seedbed preparation in the row zone only, is:
