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FASB Codification

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Select one of the industries that interests you, and briefly explain why.
Identify how many subtopics are in the industry you selected.
Pick two subtopics within your selected industry that are applicable to a balance sheet (something to do with assets, liabilities, or equity).
Identify your chosen subsections by number and title. Explain what they mean in your own words.
Identify what accountants in your selected industry might be focused on as an area or areas of concern.

Sample Solution

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