I'll go through an example of how to record a forward contract on a balance sheet from both the sellers perspective in the buyers perspective. A forward contract is a customized contract between two parties to buy or sell an asset at a specified price on a future date.Concourse projects in the Bronx. To note, fiscal year 2024 reflects our highest capital spend of. Recognize the final gain or loss on the forward contract. We have audited the accompanying combined statement of financial position of Bronx Charter School for. Entity accounts receivable are amounts that the SEC may retain upon collection. Non-entity accounts receivable are amounts that the SEC will forward to.