When a transfer of monetary property is accounted for like a secured borrowing, the transferor continues to report the transferred belongings on its balance sheet. ASC 860-30 prescribes how the transferred money assets (the "noncash collateral") needs to be documented by Just about every get together. BC20. The Board considered https://connernlati.canariblogs.com/the-ultimate-guide-to-860-cash-51363890