What are the differences in accounting for a forward contract used as a cash flow hedge of

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What are the differences in accounting for a forward contract used as a cash flow hedge of (a) a foreign currency denominated asset or liability and (b) a forecasted foreign currency transaction?

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Advanced Accounting

ISBN: 978-0077431808

10th edition

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

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Question Posted: Oct 04, 2014 03:37 AM

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What are the differences in accounting for a forward contract used as a cash flow hedge of

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For a cash flow hedge of a foreign currency asset or liability 1 sales revenue cost of purchases is ...View the full answer

Advanced Accounting

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