Phloem is a conductive (or vascular) tissue found in plants. Phloem carries the products of photosynthesis (sucrose and glucose) from the leaves to other parts of the plant. â¦ The corresponding system that circulates water and minerals from the roots is called the xylem.
Notes to editors. The revenue Standard will be introduced into the FASBâs Accounting Standards CodificationÂ© as Topic 606 by Accounting Standards Update 2014-09 Revenue from Contracts with Customers. Topic 606 replaces the previous guidance on revenue recognition in Topic 605.
This Statement encourages entities to combine the fair value information disclosed under this Statement with the fair value information disclosed under other accounting pronouncements, including FASB Statement No. 107, Disclosures about Fair Value of Financial Instruments, where practicable.