Significant accounting policies.1. revenue-expenses the company accounted for on an accrual basis.2. the inventories. Are stated at cost or net book value that will receive the lower of?3. the company accumulated depreciation NET device by the straight line method at the rate of 20% per year.4. the items in the financial statements of a company is measured by the unit of currency is the baht. The financial statements are presented in Thai baht. Transactions in foreign currencies are translated into baht at the exchange rate at the date of the transaction. At the end of the reporting period. Transactions is a foreign currency, as the Thai baht. Using the closing rate by converting the monetary assets in foreign currencies. Using the exchange rate that banks receive buy and convert the monetary liabilities in foreign currencies using the exchange rates that the Bank sale. As for whether the money is in the form of foreign currency, which are recorded by the original cost. The company converted to this list by using the exchange rate ruling. Gains and losses resulting from foreign currency transactions or payments of Java. And resulting from the conversion of assets.And liabilities, it has recorded in the income statement.
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