What would be the accounting treatment for a company that has entered into a forward contract to
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What would be the accounting treatment for a company that has entered into a forward contract to sell $5M USD between June 11 - July 10 2020 @ 1.4637. Does the company need to book an entry when it enters into the contract? And what are the hedging entries if the company decides to do hedging?
Related Book For
Fundamentals of Advanced Accounting
ISBN: 978-0077667061
5th edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
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