In case the transferee sells the noncash collateral, it should identify the proceeds it receives from the transaction and report a liability for its obligation to return the collateral. If a transferor has not surrendered Charge of a monetary asset, derecognition is inappropriate; the asset really should be considered pledged https://superpawnnearme70368.dsiblogger.com/70387066/a-secret-weapon-for-860-cash