Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org). Determine each of the following: 1.

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Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org). Determine each of the following: 

1. The specific nine-digit Codification citation (XXX-XX-XXX-X) that describes the disclosure requirements that must be made by publicly traded companies for a LIFO liquidation. (Hint: Look in the SEC Materials section.) 

2. Describe the disclosure requirements.

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Intermediate Accounting

ISBN: 978-1260481952

10th edition

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

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