What accounting subjects should an enterprise record in hedging business?

Commodity futures refer to futures contracts with physical commodities as the subject matter, mainly including metal futures, agricultural products futures and energy futures. Commodity futures is a derivative financial instrument. According to the new accounting standards for business enterprises, if derivatives are not used as effective hedging instruments, they should generally be accounted as trading financial assets or financial liabilities.

1. Opening deposits, loans and other monetary funds-deposit investment funds.

Loans: bank deposits

2. Buy and sell commodity futures, loans and derivatives -XX futures.

Investment income -xx

Loan: other monetary funds -XX

3. Profit and loss, changes in fair value, profit and loss XX.

Loans: Derivatives -XX futures are loss-making, while profits are reversed.

4.XXX investment funds borrowed and deposited from futures liquidation.

Loans and derivatives XXX

5. Fee payment and investment income XX

Loan and deposit investment fund XX