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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 Inter

7K+

04-Feb-21 19:20

291

Answers (6)

It is called as change in reserves

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Santosh pal

Santosh pal

CA Inter

820

04-Feb-21 21:23

Hope i m clear:)


Santosh pal

Santosh pal

CA Inter

820

04-Feb-21 21:24

Santosh pal

It is called as change in reserves

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


Thread Starter

Reetikaa R

Reetikaa R

CA Inter

7K+

04-Feb-21 21:41

Santosh pal

Yep

Thankss


Thread Starter

Reetikaa R

Reetikaa R

CA Inter

7K+

04-Feb-21 21:53

Thread Starter

Reetikaa R

Thankss

Welcome :)


Santosh pal

Santosh pal

CA Inter

820

04-Feb-21 21:54

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