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Exercise 3-14 (Static) FASB codification research [LO3-2, 3-4] Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org) and select Basic View for free
Exercise 3-14 (Static) FASB codification research [LO3-2, 3-4] Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org) and select Basic View for free access. Determine the specific eight-digit Codification citation (XXX-XX-XX-X) for each of the following: 1. The balance sheet classification for a note payable due in six months that was used to purchase a building 2. The assets that may be excluded from current assets. 3. Whether a note receivable from a related party would be included in the balance sheet with notes receivable or accounts receivable from customers. 4. The items that are nonrecognized subsequent events that require a disclosure in the notes to the financial statements. Requirement Topic Subtopic Section 1 2 3 4 to search 4 Paragraph 52F Sunny DELL 534 1712 prt sc F3 home FA F5 FO end F7 insert FB FO delete P10 F11 F12 # 3 54 96 5 6 & 4 N 7 8 00 W E R T Y C - - O 0 + 11 backspace ricire lock { P 02 S D F G H J K L X C alt > B N M V alt > 21 ? enter shift page page ctri up T dawn B
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