Early Extinguishment of Debt through Exchange for Common or Preferred Stock
StatusIssued:
December 1980
Effective Date:
None stated; Technical Bulletins issued prior to June 30, 1984, indicate only the date of issuance.
Affects:
No other pronouncements
Affected by:
Paragraphs 1 and 2 amended by FAS 111, paragraph 8(bb)
Paragraphs 3 and 4 amended by FAS 111, paragraph 8(bb), and FAS 145, paragraphs 8(p) and 7(e), 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