Notes

Chapter 1

1.Financial Accounting Standards Board (FASB); Concept Statement No. 5, Recognition and Measurement in Financial Statements of Business ­Enterprises.

2.www.sec.gov. Topic 13: Revenue in Financial Statements.

3.FASB Accounting Standards Codification (ASC) 605-10-S99, A2, ques. 1.

4.FASB ASC 605-15-05-3.

5.There are numerous examples to be found in SEC Topic 13: Revenue in Financial Statements

6.Accounting Standards Codification (ASC) 605-15-25

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