swaitsandClaude Fable 5.1
790ec8c0e6
bookspec/spec holds the first edition: the model and the five laws (00-model.md) and one file per area, each B-rule a section with its status, a MUST/MAY statement, sources pinned either to a vendored source with a verbatim quotation or to an exact external paragraph, its symbolic form, its examples and its applicability. B-39, B-40, B-43 and B-45 are reserved sections (allocated, not yet stated in rules.md); B-44 is stated in rules.md and now carries its bookspec id and CONVENTION status. Eight new examples show the laws that had none, each figure worked by hand: an unbalanced entry is refused (Pacioli ch. 36, Pub. 583), a negative or zero line is refused, a fraction of a cent is refused (ISO 4217), a child account takes its parent's type, the trial balance and the accounting equation on one small book (cash 6550.25 = loan 2000 + capital 5000 + (sales 750.50 - rent 1200.25)), a reversal leaves the original standing and a second reversal is refused, a close sweeps revenue and expenses into Retained Earnings (3999) and the closed quarter takes no late entry, and cents add exactly. The refusal vocabulary gains unbalanced, negative_amount, zero_amount, too_few_lines, finer_than_minor_unit, parent_type_mismatch, already_reversed and period_closed; a refused entry may carry a non-positive amount. The checker's spec.rs fails the build on a rule without its section, a statement without MUST/SHOULD/MAY, a pin that is not verbatim in its vendored source, examples that differ from the catalogue, or more than 60 pages. Co-Authored-By: Claude Fable 5.1 <noreply@anthropic.com> Claude-Session: https://claude.ai/code/session_01HS8WZziDnyxunC23MUxrLp
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Area: revenue
How revenue is presented.
BS-revenue-1: Platform payouts are recorded gross when the business is the principal (B-17)
- Status: AUTHORITY
- Statement: When the business controls the good or service before it is transferred to the customer (is the principal), a payout from a platform MUST be recorded as revenue in the gross amount of consideration, the platform's fee as an expense, and the deposit as gross less fee. An agent records only its fee or commission.
- Sources:
- external: ASC 606-10-55-37, 55-37A and 55-37B (principal: gross amount of consideration); ASC 606-10-55-38 (agent: the fee or commission); ASC 606-10-55-39 (indicators)
- Symbolic form:
revenue = gross;expense = fee;deposit = gross - fee. - Examples: none yet. The schema has no payout event; the example for a settlement through a processor (BS-arap-6) shows the same gross presentation for a customer payment.
- Applicability: principal versus agent is a judgment under 55-39; the CPA confirms.