Start-up Inc. is issuing its financial statements for the year ended December 31, Year 1....
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Start-up Inc. is issuing its financial statements for the year ended December 31, Year 1. The owners of the company want to classify Start-up Inc. as a development stage enterprise and specifically identify the company as a development stage enterprise to alert investors as to the reasons for the organizations financial performance. Find the proper citation that provides guidance for identifying a development stage enterprise.
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