The counterparty (transferee) derecognizes the cash disbursed and documents a corresponding receivable through the recipient (transferor). This reporting product is used regardless of if the fundamental legal agreement characterizes the cash gained as proceeds from the sale or from the borrowing. The MBS pledged as collateral was reclassified to the https://50-cash87411.blogdal.com/37984095/not-known-facts-about-860-cash