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In bop account ,what do we call debit and credit balance ?? Is it addition or withdrawal of foreign exchange reserves??


Reetikaa  R

Reetikaa R

CA Foundation

4K+

04-Feb-21 19:20

12

Answers (6)

It is called as change in reserves

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Santosh pal

Santosh pal

CA Foundation

805

04-Feb-21 21:23

Hope i m clear:)


Santosh pal

Santosh pal

CA Foundation

805

04-Feb-21 21:24

It is called as change in reserves

So the balance will be either credited or debited to foreign reserves account right


Reetikaa  R

Reetikaa R

CA Foundation

4K+

04-Feb-21 21:41

Yep

Thankss


Reetikaa  R

Reetikaa R

CA Foundation

4K+

04-Feb-21 21:53

Thankss

Welcome :)


Santosh pal

Santosh pal

CA Foundation

805

04-Feb-21 21:54

Happy Mother's Day
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