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Pending content is not necessarily effective.","topic":"405","topic_title":"Liabilities","subtopic":"405-20","subtopic_title":"Extinguishments of Liabilities","section":{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Entities","paragraphs":[{"citation":"405-20-15-1","para":"15-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The guidance in this Subtopic applies to all entities.</div></div>","snippet":"The guidance in this Subtopic applies to all entities.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8f64d0ad7a418993be76b9e75bbb912925b65e00746547ff54c5e657a328c676","downloaded_from":"2026-09-10T00:13:55.493Z","last_downloaded_at":"2026-09-10T00:13:55.493Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not 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liabilities, <span class=\"sfragment\" id=\"sfr_528CD0BA-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">unless derecognition of a financial or nonfinancial liability is addressed in another Topic (for example, the derecognition guidance for gaming chips in Subtopic <a altsource=\"GUID-F2861953-0B89-4EBF-9F0D-AC88AB365611.ditamap\" class=\"ditamap\">924-405</a> on casinos or the breakage guidance in Topic <a altsource=\"GUID-90450890-CA59-4C9A-A88C-D53D3DE3192F.ditamap\" class=\"ditamap\">606</a> on revenue from contracts with customers). </span></span><span class=\"sfragment\" id=\"sfr_528CD1BA-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Derivative instruments that are nonfinancial liabilities (for example, a written commodity option) are included in the scope of this Subtopic. </span></span></div></div>","snippet":"The guidance in this Subtopic applies to extinguishments of all liabilities, including both financial and nonfinancial liabilities, 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