12-21-2003, 02:09 AM
Dear Accountants or C.A plz guide me in the under below transaction
SuPPose i have a company and i do Business with Out-of country and they pay me in Dollars or Euro and i have a seprate bank account of Euro and Dollar i have not yet cash it in my home land currency which is Rupees.Amount is in the bank Now in my accounting Book what transaction will be debited and what should i credited.
SuPPose i have a company and i do Business with Out-of country and they pay me in Dollars or Euro and i have a seprate bank account of Euro and Dollar i have not yet cash it in my home land currency which is Rupees.Amount is in the bank Now in my accounting Book what transaction will be debited and what should i credited.