Classification of a Short-Term Obligation Repaid Prior to Being Replaced by a Long-Term Security—an interpretation of FASB Statement No. 6

Status

Issued: January 1976 

Effective Date:

For balance sheets and statements of changes in financial position dated on or after

February 29, 1976

Affects:

No other pronouncements

Affected by:

Paragraphs 3 and 4 amended by FAS 165, paragraphs B13(a) and B13(b), respectively

Abbreviations for Accounting Pronouncements

FAS - FASB Statements
FIN - FASB Interpretations
FTB - FASB Technical Bulletins
APB - APB Opinions
AIN - AICPA Interpretations
ARB - Accounting Research Bulletins
CON - FASB Concepts
EITF - EITF Issues
Q&A - FASB Implementation Guides