Question

1. Access the FASB Codification using the information above and answer the following questions. Identify which series each of the following accounting topics would be located. 16 pts Your answers must come from the following list: Use the following list for your answers: General Principles 100 series Revenues 600 series Presentation 200 series Expenses 700 series Assets 300 series Broad Trans. 800 series Liabilities 400 series Industry 900 series Equities 500 series Accountings Topics Codification Location Accounting Changes and Error Corrections __ 250____________ General Intangibles other than Goodwill ___________ _ _ Debt ____________ _ Treasury stock __________ __ _ Cost of Sales and Services ____________ _ Related party disclosures ____________ _ Statement of Stock holder equity ____________ _ Inventory __________ __ _ Notes to Financial Statements ____________ _

Answer 1

The series of the accounting topics would be located are as follows:

Accounting Topics Codification Location Accounting Changes and Error Corrections __ 250____________

General Intangibles other than Goodwill ______350-30_____ _ _

Debt ______470______ _

Treasury stock _____505-30_____ __ _

Cost of Sales and Services ______705______ _

Related party disclosures ___850_________ _

Statement of Stock holder equity _____215_______ _

Inventory ____330______ __ _

Notes to Financial Statements ____235________ _