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Analisis Keuangan Segmen dan Kontrak by Kautsar Ageng is a document available to read on EtoBox.

Here are the key points regarding the forward contract and firm commitment: 1. No journal entry is required on August 1 for the executory purchase agreement and forward contract as they are not recognized until settled or fulfilled. 2. Gains and losses on the forward contract and firm commitment are recognized each period-end (September 30 and October 31) based on remeasuring the contracts to fair value. 3. On October 31, the forward contract is settled by paying $272,000 cash and recognizing $272,000

Author
Kautsar Ageng
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