M Maya Guest May 25, 2008 #1 Say, 1.12.07 Buy USD/JPY@ 115, MTM at 31.12.07@100, Settlement on 31.01.08@114. What are the accounting entries on 31.12.07, 1.1.08, 31.01.08 (if any) pertaining to the revaluation and settlement of the deal?
Say, 1.12.07 Buy USD/JPY@ 115, MTM at 31.12.07@100, Settlement on 31.01.08@114. What are the accounting entries on 31.12.07, 1.1.08, 31.01.08 (if any) pertaining to the revaluation and settlement of the deal?
