Status of Interpretation No. 26

Accounting for Purchase of a Leased Asset by the Lessee during the Term of the Lease—an interpretation of FASB Statement No. 13

Status

Issued: September 1978

Effective Date:

For purchases of leased property recorded as of December 1, 1978

Affects:

No other pronouncements

Affected by:

No other pronouncements

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