The buyer of business assets and the seller must independently report to the IRS the purchase price allocations that both use. Determining whether an asset or liability is considered monetary or nonmonetary is the first step in applying the measurement provisions in ASC 830.Need an efficient way to manage currency exchange transactions? Check out the foreign exchange and other international banking services Regions offers. Ownership of the Acquired Assets and out of the operation of the System before the Closing Date. At CXI Westfield Montgomery in Bethesda, Maryland, we exchange foreign currency, and sell gold bullion coins with great rates and customer service. This extensive annotated, pro-buyer asset purchase agreement specifies that all the needed assets, plus specific assets listed out, will be transferred.