BE 3.08 – For each of the following note disclosures…

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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For each of the following note disclosures, indicate whether the disclosure would likely appear in (A) the summary of significant accounts policies or (B) a separate note: (1) depreciation method; (2) contingency information; (3) significant issuance of common stock after the fiscal year-end; (4) cash equivalent designation; (5) long-term debt information; and (6) inventory costing method. For each of the following note disclosures, indicate whether the disclosure would likely appear in (A) the summary of significant accounts policies or (B) a separate note. A/B Note disclosures (1) Depreciation method (2) Contingency information (3) Significant issuance of common stock after the fiscal year-end (4) Cash equivalent designation (5) Long-term debt information (6) Inventory costing method

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