the Codification as a Learning Tool, Understanding Industry Guidance You've just been assigned to the Using audit 1.8 of an agriculture company, and you notice that the company has a written capitalization policy that differenti- ates between the accounting for permanent land development costs, versus limited-life land development costs. You are unfamiliar with these terms. In approximately one page, and using the Codification as your only source, explain what is meant by these two terms (permanent and limited-life land development costs), and contrast how costs meeting these definitions are recognized and subsequently measured. Craft your response clearly, as if you were educating someone who is facing this issue for the first time. Next, (1) describe one other accounting requirement of interest from this same Codification subtopic. Then, (2) discuss: Was agriculture accounting a topic you understood prior to performing research? Did this Codification research improve your familiarity with the industry