Chapter 3, Problem 3.10E

Financial statement disclosures

• LO3–4

The following are typical disclosures that would appear in the notes accompanying financial statements. For each of the items listed, indicate where the disclosure would likely appear—either in (A) the significant accounting policies note or (B) a separate note.

1. Inventory costing method ___A___

2. Information on related party transactions ______

3. Composition of property, plant, and equipment ______

4. Depreciation method ______

5. Subsequent event information ______

6. Measurement basis for certain financial instruments ______

7. Important merger occurring after year-end ______

8. Composition of receivables ______