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Interest Rate Swaps and Forward Exchange Contracts

 
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Interest Rate Swaps and Forward Exchange Contracts
KK
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#2
09-09-2003, 09:23 PM

Yes Ameer u r very right these r contra entries and usually to record these management open contra accounts for both debit and credit side of the entry. For Example to record frds contract management usually debit Contra Asset account and Credit Contra liabiloity account. upon settlement management again record reversed entriy.

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Interest Rate Swaps and Forward Exchange Contracts - by meer - 09-08-2003, 05:36 AM
[No subject] - by KK - 09-09-2003, 09:23 PM

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