Final answer:
The section number of ASC 505-30-50-3 that you're specifically asking about is '3', which refers to a particular paragraph within the disclosures section of the Equity topic (ASC 505) and the subtopic (30) related to it.
Step-by-step explanation:
You asked about the section of ASC 505-30-50-3 and what each component represents. The numbering system of the Accounting Standards Codification (ASC) is organized in a way where each digit or set of digits refers to a particular area of accounting guidance.
ASC 505 refers to the broad topic under the codification, which in this case is 'Equity'. 30 specifies the subtopic, which often represents a specific area within the broader topic of Equity. Here, the 50 indicates the section, which is frequently tied to the guidelines for disclosures related to the topic or subtopic. Lastly, the 3 represents the paragraph within that section providing more detailed guidance.
Hence, in ASC 505-30-50-3, the '3' is the paragraph that you are specifically asking about.