4Dear Members
We have made provision in books to NRI Company towards Professional Fees on 10.01.2010 with a Exchange Rate of Rs. 72.6541
We Have made the payment on 16.02.2010 with a exchange of Rs. Exchange Rate 73.8898The Difference between Fore Gain / loss debited / credited to Profit and Loss,This is the right account which I am taking in the books of accounts ??Please see the calculation sheet as attached.
From India, Hyderabad
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