FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(c) Z Ltd. (India) has an overseas branch in USA. It has a bank account having balance of USD 7,000 as on 1st April 2019.

image text in transcribed

(c) Z Ltd. (India) has an overseas branch in USA. It has a bank account having balance of USD 7,000 as on 1st April 2019. During the financial year 2019-2020, Z Ltd. acquired computers for its USA office for USD 280 which was paid on same date. There is no other transaction reported in USA or India. (c) Z Ltd. (India) has an overseas branch in USA. It has a bank account having balance of USD 7,000 as on 1st April 2019. During the financial year 2019-2020, Z Ltd. acquired computers for its USA office for USD 280 which was paid on same date. There is no other transaction reported in USA or India

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Certified Internal Auditor CIA Practice Of Internal Auditing Part 2- 2019

Certified Internal Auditor CIA Practice Of Internal Auditing Part 2- 2019

Authors: Muhammad Zain

1st Edition

1093798459, 978-1093798456

More Books

Students also viewed these Accounting questions

Question

★★★★★
In the Challenger Deep of the Marianas Trench, the depth of seawater is 10.9 Ion and the pressure is 1.16 X 10" Pa (about 1.15 X 10 atm). (a) If a cubic meter of waters taken from the surface to this...

Answered: 1 week ago

Question

★★★★★
Derive the following laws for complex numbers from the corresponding laws for real numbers. z 1 + z 2 = z 2 + z 1 , z 1 z 2 = z 2 z 1 (Commutative laws) (z 1 + z 2 ) + z 3 = z 1 + (z 2 + z 3 ),...

Answered: 1 week ago

Question

★★★★★
Construct a 95% confidence interval for the difference in average academic achieve- ments between car owners and non-owners. Using the confidence interval, can you con- clude that there is a...

Answered: 1 week ago

Question

★★★★★
How could an organization's culture be used as a control mechanism?

Answered: 1 week ago

Question

★★★★★
Refer to the exhibit. A router - on - a - stick configuration was implemented for VLANs 1 5 , 3 0 , and 4 5 , according to the show running - config command output. PCs on VLAN 4 5 that are using the...

Answered: 1 week ago

Question

★★★★★
) ) Explain why case 1, shown below, is more likely to occur than case 2. Consider (a) the effect of competition on different age-classes in a population, and (b) the spatial distribution population...

Answered: 1 week ago

Question

★★★★★
Case Study 11.3: Walmart de Mexico In 2018 the OECD Working Group on Bribery completed its Phase 4 evaluation of Mexico's implementation of the convention. According to the report, Mexico needs to...

Answered: 1 week ago

Question

★★★★★
Assuming the average Earth Radius R E = 6378 km : The question I have are below: A Falcon 9 launched from Cape Canaveral ( 28 N Latitude ) delivers a satellite directly ( i initial = 28 ) into a...

Answered: 1 week ago

Question

★★★★★
If a 42 years man take 2 minute to finish 1 apple and 25 year man take 2.5 minutes to finish 1 apple, how many minutes would a 17 years boy take to finish.

Answered: 1 week ago

Question

★★★★★
b) Suppose you and your friend are communicating using Facebook that is running inside a chrome web browser on both of your Laptops. Now, in both of your chrome browser, multiple tabs are open. Your...

Answered: 1 week ago

Question

★★★★★
Employee Gross pay Payroll Register Chinson EERF Wayland EERF Peppinico EERF Success General General Cooper EERF Hissop EERF EERF Journal Ledger Complete the payroll register for the December 15 pay...

Answered: 1 week ago

Question

★★★★★
Employee ownership plans (employee share options or stock ownership plans) are likely to be more prevalent in countries with low power distance (reflecting an egalitarian attitude towards ownership),...

Answered: 1 week ago

Question

★★★★★
Power distance: the extent to which reward is based on hierarchical position rather than task performance, and the level of pay differentials between hierarchical levels;

Answered: 1 week ago

Question

★★★★★
3 How do measures of success of motivational systems vary among different countries cultural contexts?

Answered: 1 week ago

Previous Question Next Question