EXHIBIT(S) - D (Motion #009) - FASB Codification para. 605-50-45-12 - Vincent Settecasi, xxxxxxxx xxxx v. Ark Restaurants Corp., Ark Bryant Park, Llc, Ark Bryant Park Southwest, Llc, Michael Weinstein

Download Document Print Document

On May 1, 2018 an other matters - contract - other case was filed by Xxxxxxxx Xxxx, and Vincent Settecasi, represented by Alesandro, Anthony Michael, Cohen, Brett R., Reznick, Lauren Ruth, and Tompkins, Michael Alexander, against Ark Bryant Park, Llc, Ark Bryant Park Southwest, Llc, Ark Restaurants Corp., Michael Weinstein, and Robert J Stewart, represented by Dimattia, Michael Joseph, and Goldstein, Philip Andrew, in the jurisdiction of New York County. Judge Debra A. James presiding.

                        
						    Preview
                        
                        
                          
INDEX   NO.   100015/2016
NYSCEF   DOC.   NO.   82               RECEIVED   NYSCEF:    09/23/2022




                           Exhibit D
=                                                                                >                      INDEX   NO.   100015/2016
         :                                                                                :
N¥SCEEUBMSmeN@-CRaracterization of Certain Consideration Received from a Vendor                           RECEIVED   NYSCEF:    09/23/2022

 45-12     Cash consideration received by a customer from a vendor is presumed to be a reduction of the prices of the vendor's
 products or services and, therefore, shall be characterized as a reduction of cost of sales when recognized in the customer's
 income statement.

  PSGi reg erepelccite
  Transition Date: (P) December 16, 2017;    (N) December 16, 2018      |   Transition Guidance:   606-10-65-1




   Editor's Note: Paragraph 605-50-45-12 wil! be superseded upon transition, together…