When a transfer of monetary property is accounted for to be a secured borrowing, the transferor proceeds to report the transferred belongings on its balance sheet. ASC 860-30 prescribes how the transferred economic assets (the "noncash collateral") needs to be documented by Every get together. BC20. The Board deemed the https://59-cash01331.thechapblog.com/35601741/the-best-side-of-860-cash