Access the FASB's Codification Research System at the FASB website (www.fasb.org). Determine the specific citation for accounting

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Access the FASB's Codification Research System at the FASB website (www.fasb.org). Determine the specific citation for accounting for each of the following items:
1. Requirements to disclose within the financial statements the pertinent rights and privileges of the various securities outstanding.
2. Requirement to record a “small” stock dividend at the fair value of the shares issued.
3. Requirement to exclude from the determination of net income gains and losses on transactions in a company's own stock.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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