PENDING CONTENTTransition Date: $($ December $16,2019$; $($i$)$ December $16,2022|$ Transition Guidance: $326-10-65-2$Editor's Note: Paragraph $310-10-45-2$ will be amended upon transition, together with its heading:Nonmortgage Loans or Trade ReceivablesNonmortgage loans or trade receivables may be presented on the balance sheet as aggregate amounts. However, such receivables held for sale shall be a separate balance sheet category. Major categories of nonmortgage loans or trade receivables shall be presented separately either in the balance sheet or in the notes to financial statements. An entity shall present the amounts reversed or established for the valuation allowance and the allowance for credit losses, as applicable, related to the transfer of nonmortgage loans $($see paragraphs $310-10-35-48$A through $35-48$B$)$ on a gross basis in the income statement. An entity may present those amounts on the income statement or in the notes to financial statements.

Select one:

a$.$ The text above the peach box will be removed.

b$.$ The text above the peach box will remain, and the text in the peach box will be added onto this text.

c$.$ All of the above are correct.

d$.$ The text in the peach box will be officially added to the Codification and marked as paragraph $310-10-45-2$A$.$