=+b. Assume that the swap occurred prior to December 31, 2000, and the interest rate swap contract
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=+b.
Assume that the swap occurred prior to December 31, 2000, and the interest rate swap contract had a debit balance of $1,000.
Under this circumstance make the entry for the fair value as of December 31, 2000.
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Accounting Theory Conceptual Issues In A Political And Economic Environment
ISBN: 9780324186239
6th Edition
Authors: Harry I. Wolk, James Dodd, Michael G. Tearney
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