Examlex
When using an AED,
Journal Entries
Journal entries are records of financial transactions in accounting, documented in chronological order, indicating accounts affected, amounts, and a brief description of the transaction.
Forward Rate
An agreed-upon price for a currency or asset to be exchanged at a future date, used for hedging or speculation.
Forward Contract
A financial derivative that represents a customized contract between two parties to buy or sell an asset at a specified price on a future date.
Carrying Value
The book value of assets and liabilities, reflecting their recorded cost minus any depreciation, amortization, or impairment charges.
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