{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/845/10/#45-other-presentation-matters","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"845","topic_title":"Nonmonetary Transactions","subtopic":"845-10","subtopic_title":"Overall","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":"Purchases and Sales of Inventory with the Same Counterparty","heading":null,"paragraphs":[{"citation":"845-10-45-1","para":"45-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_E970B5A6-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The classification of inventory as raw materials, work-in-process, and finished goods for purposes of the Purchases and Sales of Inventory with the Same Counterparty Subsections shall be the same classification that an entity uses for external financial reporting purposes. </span></span></div></div>","snippet":"The classification of inventory as raw materials, work-in-process, and finished goods for purposes of the Purchases and Sales of Inventory with the Same Counterparty Subsections shall be the same classification that an e…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:89e33de1133e00430d713a6136b52a0df46ea6fd74f958f243a928788aafe118","downloaded_from":"2026-09-10T01:59:42.031Z","last_downloaded_at":"2026-09-10T01:59:42.031Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482886","source_sha256":"79bdf05fabaeaf0e4cdf258477792061612d86e671a5da0783d4898df76515d8"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:015e573fe64e4e93e9d46662b850818f2c74ef8c01d9c5cfbdd203ab985f9cec","downloaded_from":"2026-09-10T01:59:42.031Z","last_downloaded_at":"2026-09-10T01:59:42.031Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482886","source_sha256":"79bdf05fabaeaf0e4cdf258477792061612d86e671a5da0783d4898df76515d8"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2cfb38cd67261cc3c806b31ea7e373b7f84e3b65de2e5a7b4dd3471f3de80436","downloaded_from":"2026-09-10T01:59:42.031Z","last_downloaded_at":"2026-09-10T01:59:42.031Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482886","source_sha256":"79bdf05fabaeaf0e4cdf258477792061612d86e671a5da0783d4898df76515d8"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2cfb38cd67261cc3c806b31ea7e373b7f84e3b65de2e5a7b4dd3471f3de80436","downloaded_from":"2026-09-10T01:59:42.031Z","last_downloaded_at":"2026-09-10T01:59:42.031Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482886","source_sha256":"79bdf05fabaeaf0e4cdf258477792061612d86e671a5da0783d4898df76515d8"}}