02-19-2009, 05:57 PM
Uzair,
I advise you to go back and study the paragraphs you have referred. These have nothing to do with the issue being discussed.
Mind it, it's not the setting off pertaining to recognition of sales or purchase that is being discussed. Rather, it is setting off of the financial instrument (liability or asset) which has been discussed.
I cannot force you but would like to suggest that please don't advise the others on the matters which you don't understand properly. This would ruine the concepts instead of clarifying the issues.
Regards,
KAMRAN.
