The counterparty (transferee) derecognizes the cash disbursed and documents a corresponding receivable within the receiver (transferor). This reporting product is utilized regardless of whether the underlying authorized settlement characterizes the cash gained as proceeds from the sale or from the borrowing. Entity G mustn't recognize fascination income on its receivable https://josephj751jkp5.laowaiblog.com/36331817/considerations-to-know-about-860-cash