If a loan is receivable by A for say £10,000 is assigned by a company B to another company H for a cost of £1, what is the value of the asset in the accounts of H?
£1 or £10,000?
Thanks
Jon
Loan receivable assigned
If a loan is receivable by A for say £10,000 is assigned by a company B to another company H for a cost of £1, what is the value of the asset in the accounts of H?
£1 or £10,000?
Thanks
Jon