# ASC 705-976-05: Cost of Sales and Services — Real Estate—Retail Land — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/705/976/#05-overview-and-background)

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## ASC 705-976-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/705/976/#05-overview-and-background)

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##### [705-976-05-1](https://asc.understandingaccounting.org/asc/705/976/#705-976-05-1)

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This Subtopic provides measurement guidance concerning the cost of retail land sales.