ACCT 3001 Chapter : Acct 3001 FASB Codification Assign
Document Summary
Research questions (include the codification reference that aided you in each answer for credit!) At year end, tiger company has a 10-year note payable that is due and payable six months after year-end. Should this note payable be classified as a current liability or a long-term liability: current liability. 1: list the disclosures that must be made in the financial statements regarding inventory. Reference that aided me: sec rules, regulations, and interpretations; regulation s-x rule 5-02, Reference that aided me: 855 subsequent events; 10 overall; 55 implementation guidance and. Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued or are available to be issued. Reference that aided me: 932 extractive activities oil and gas; 270 interim. Reporting; 05 overview and background: extractive activities section. 3: list the four items for which earnings per share must be disclosed.