From B’s perspective, the transaction signifies a reverse repurchase settlement for which an asset is identified.) The important thing terms on the arrangement are as follows: Entity A sells an agency MBS with a good value of $ten million to B in return for $9.6 million of cash. ASC 860-thirty-twenty https://cashapp75059012.howeweb.com/38174037/not-known-facts-about-860-cash