Profit Recognition on Sales-Type Leases of Real Estate—an amendment of FASB Statement No. 13

Status

Issued: April 1979

Effective Date:

For leasing transactions and revisions recorded as of August 1, 1979

Affects:

Amends FAS 13, paragraph 8

 

Affected by:

Paragraph 7 amended by FAS 66, paragraph 51

Superseded by FAS 98, paragraph 21

 

Other Interpretive Pronouncement:

FTB 79-18

 

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