3. SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES: Derivative Instruments (Policies)

12 Months Ended

Mar. 31, 2023

Policies

Derivative Instruments

Derivative Instruments

Accounting standards require that an entity recognize all derivatives as either assets or liabilities in the statement of financial position and measure those instruments at fair value.  A change in the market value of the financial instrument is recognized as a gain or loss in the results of operations in the period of change.