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Hello
If there is any variability in the amount of cash or own equity instruments which will be
delivered or received, then such a contract is a financial asset / financial liability Or is it equity instrument?Don’t understand your question – you may be trying to over-generalise – every question is a bit different.
In scenarios make sure you define equity and financial liability – then apply.
Anything on the DEBIT side is always a financial asset.
Sir if there is variability in amount of cash or own equity instruments which will be delivered then such contract is financial liability or equity instrument?
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