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The counterparty (transferee) derecognizes the cash disbursed and documents a corresponding receivable with the receiver (transferor). This reporting design is used irrespective of whether or not the fundamental legal agreement characterizes the cash received as proceeds from a sale or from the borrowing. From the lender’s point of view, the https://wesleyy185kpu1.bloguerosa.com/36348091/detailed-notes-on-860-cash

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