Question
Suppose you wanted to understand how interest payments on a loan should be presented (classified) in the state-ment of cash flows. a. Show how you
Suppose you wanted to understand how interest payments on a loan should be presented (classified) in the state-ment of cash flows.
a. Show how you would navigate to the appropriate guidance using the browse topics feature on the left side of the screen. (example: liabilities-contingencies-loss contingencies-initial measurement)
b. Now provide the numerical ASC reference for the relevant guidance, down to the paragraph.
c. What search term(s) might I enter, if I wanted to perform a keyword search to locate this guidance? d. What is the Codification reference (ASC xxx-xxx) if I wanted specialized statement of cash flows guidance for entities in the Real EstateTimeshare Entities industry?
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