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.
Since you are hedging a balance sheet item, Accounting Standards Codification 830 (formerly. known as FAS 52) applies, such that changes in the. value of your hedge contract will be recognized on the. income statement just as changes to the underlying. hedged item are. ASC 830 requires foreign currencyâ.