# ASC 470-50-00: Debt — Modifications and Extinguishments — 00 Status

Source: FASB Accounting Standards Codification, Basic View

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## ASC 470-50-00: 00 Status

[Read section](https://asc.understandingaccounting.org/asc/470/50/#00-status)

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##### [470-50-00-1](https://asc.understandingaccounting.org/asc/470/50/#470-50-00-1)

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The following table identifies the changes made to this Subtopic.

<table class="asc-table" frame="all" id="SL6773134-161705"><tbody><tr><td class="entry"><strong class="ph b">Paragraph</strong></td><td class="entry"><strong class="ph b">Action</strong></td><td class="entry"><strong class="ph b">Accounting Standards Update</strong></td><td class="entry"><strong class="ph b">Date</strong></td></tr><tr><td class="entry"></td><td class="entry"></td><td class="entry"></td><td class="entry"></td></tr><tr><td class="entry"><strong class="ph b">Beneficial Conversion Feature</strong></td><td class="entry">Superseded</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2020-06/" class="xref">Accounting Standards Update No. 2020-06</a></td><td class="entry">08/05/2020</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/r/#reacquisition-price-of-debt" class="term" title="The amount paid on extinguishment, including a call premium and miscellaneous costs of reacquisition. If extinguishment is achieved by a direct exchange of new securities, the reacquisition price is the total present value of the new securities."><span>Reacquisition Price of Debt</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2014-06/" class="xref">Accounting Standards Update No. 2014-06</a></td><td class="entry">03/14/2014</td></tr><tr><td class="entry"></td><td class="entry"></td><td class="entry"></td><td class="entry"></td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-15-3" class="xref">470-50-15-3</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2024-04/" class="xref">Accounting Standards Update No. 2024-04</a></td><td class="entry">11/26/2024</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-40-2" class="xref">470-50-40-2</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2014-06/" class="xref">Accounting Standards Update No. 2014-06</a></td><td class="entry">03/14/2014</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-40-2A" class="xref">470-50-40-2A</a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-09/" class="xref">Accounting Standards Update No. 2018-09</a></td><td class="entry">07/16/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-40-12" class="xref">470-50-40-12</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2021-04/" class="xref">Accounting Standards Update No. 2021-04</a></td><td class="entry">05/03/2021</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-40-12A" class="xref">470-50-40-12A</a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2021-04/" class="xref">Accounting Standards Update No. 2021-04</a></td><td class="entry">05/03/2021</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-40-16" class="xref">470-50-40-16</a></td><td class="entry">Superseded</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2020-06/" class="xref">Accounting Standards Update No. 2020-06</a></td><td class="entry">08/05/2020</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-40-17" class="xref">470-50-40-17</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2020-03/" class="xref">Accounting Standards Update No. 2020-03</a></td><td class="entry">03/09/2020</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-40-17A" class="xref">470-50-40-17A</a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2021-04/" class="xref">Accounting Standards Update No. 2021-04</a></td><td class="entry">05/03/2021</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-40-18" class="xref">470-50-40-18</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2020-03/" class="xref">Accounting Standards Update No. 2020-03</a></td><td class="entry">03/09/2020</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-40-18A" class="xref">470-50-40-18A</a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2021-04/" class="xref">Accounting Standards Update No. 2021-04</a></td><td class="entry">05/03/2021</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-40-21" class="xref">470-50-40-21</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2021-04/" class="xref">Accounting Standards Update No. 2021-04</a></td><td class="entry">05/03/2021</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-40-21" class="xref">470-50-40-21</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2020-03/" class="xref">Accounting Standards Update No. 2020-03</a></td><td class="entry">03/09/2020</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-45-1" class="xref">470-50-45-1</a></td><td class="entry">Superseded</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2015-01/" class="xref">Accounting Standards Update No. 2015-01</a></td><td class="entry">01/09/2015</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-45-2" class="xref">470-50-45-2</a></td><td class="entry">Superseded</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2015-01/" class="xref">Accounting Standards Update No. 2015-01</a></td><td class="entry">01/09/2015</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/470/50/#470-50-50-1" class="xref">470-50-50-1</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2009-16/" class="xref">Accounting Standards Update No. 2009-16</a></td><td class="entry">12/23/2009</td></tr></tbody></table>