The fasb accounting standards codification represents the single source of authoritative u. s. generally accepted accounting principles.
required:
1. obtain the relevant authoritative literature on accounting for accounts receivable using the fasb’s codification research system at the fasb website (). what is the specific citation that describes the information about loans and trade receivables that is to be disclosed in the summary of significant accounting policies for credits losses and doubtfull accounts
2. list disclousre requrements.

Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital

After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?

Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $