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__.____ 1. Under U.S. GEAR what FASB Codication subtopic applies to the transfer of receivables between the company and the bank? 2. Should the company

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__.____ 1. Under U.S. GEAR what FASB Codication subtopic applies to the transfer of receivables between the company and the bank? 2. Should the company account for the transfer of the paent receivables from the company to the bank as a sale? Why or why not? 3. How should the company account for the transferred receivables

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