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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM ABS15G ASSETBACKED SECURITIZE REPORT PURSUANT TO SECTION 15G OF THE SECURITIES EXCHANGE ACT OF 1934 Check the appropriate
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Statement of position 17-1 provides guidance on how to account for discounts on certain notes receivable.
Entities that have notes receivable with discounts must file statement of position 17-1.
Statement of position 17-1 should be filled out following the guidelines provided in the document and accurately reporting the necessary information.
The purpose of statement of position 17-1 is to ensure proper accounting treatment for discounts on notes receivable.
The statement should include details of the notes receivable, the discount amount, and the accounting treatment applied.
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