COUNTERPARTY MULTILATERAL NOVATION RELEASE // U.S. GAAP ASC 405-20-40-1
External Electrical Wholesale Distributor (Counterparty F)
Invite Token: inv_room_cas_cohort_2026_claim_70k • ERP: QUICKBOOKS_ONLINE
AWAITING COUNTERPARTY SIGN-OFF
VERIFIED 3-PARTY CIRCULAR PAYABLE OFFSET
General Contractor (Entity A) and Industrial Electrical & Plant Maintenance (Entity E) have already co-signed an ASC 405-20-40-1 release for a $70,000.00 payable chain. Countersign to wipe $70,000.00 off your Accounts Payable with $0.00 bank cash.
Connected Counterparties Ready to Sign: General Contractor (Entity A) • Industrial Electrical & Plant Maintenance (Entity E)
Your Payable Extinguished ($0 Cash)
$70,000.00
Simultaneous AP & AR reduction (Δ Net Equity = $0.00)
Total 3-Party Loop Cleared
$210,000.00
3 participants × $70,000.00 bottleneck
Cash Custody & Success Fee
$0.00 Wire
1.00% fee ($700.00) • Saves $1,400.00 credit interest
LOCAL 2-EDGE BOUNDARY PROOF (RFC 9497 OPRF)
Your private vendor and customer lists are never uploaded. You attest only to your two local boundary edges:
Incoming Receivable Surrendered:
−$70,000.00 AR
Outgoing Payable Extinguished:
−$70,000.00 AP
Non-Adjacent Identities Revealed:
0 Entities
MICROSOFT Z3 & U.S. GAAP ASC 405-20-40-1 ATTESTATION
By clicking sign below, you consent to multilateral debt release under U.S. GAAP ASC 405-20-40-1 and non-custodial bookkeeping setoff under FinCEN 31 CFR § 1010.100(ff)(5).
Active Cluster Certificate: CERT-Z3-ASC40520-EEA077DD1B4C
Z3 Formal Proof Status: VERIFIED_QED (5/5 Theorems)
Cluster Total Extinguished: $455,000.00
✓ 3-PARTY LOOP CLOSED & VERIFIED BY MICROSOFT Z3 (CERT-Z3-ASC40520-EEA077DD1B4C)
External Electrical Wholesale Distributor (Counterparty F) signed the multilateral release. Additional $105,000.00 extinguished across the 3-party loop ($470,000.00 total cluster payables cleared with $0.00 bank cash).