Status of Statement No. 76

Extinguishment of Debt—an amendment of APB Opinion No. 26

Status

Issued: November 1983

Effective Date:
For transactions entered into after December 31, 1983

 

Affects:
Replaces APB 26, paragraphs 2 and 3(a)
Amends APB 26, paragraphs 3(c), 19, and 21
Amends FAS 22, footnote 1
Amends FAS 32, Appendix A

 

Affected by:
Paragraph 7 amended by FAS 111, paragraph 8(x)
Superseded by FAS 125, paragraph 232, and FAS 140, paragraph 351(a)

 

Other Interpretive Pronouncement:
FTB 84-4 (superseded by FAS 125 and FAS 140)


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