{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/842/980/#35-subsequent-measurement","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"842","topic_title":"Leases","subtopic":"842-980","subtopic_title":"Regulated Operations","section":{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":"Sale and Leaseback Transactions","paragraphs":[{"citation":"842-980-35-1","para":"35-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_4A56608D-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">If the sale and leaseback transaction is accounted for as a financing and the sale is recognized for rate-making purposes, the total of interest imputed under the interest method for the financing and the depreciation of the underlying asset shall be modified to equal the total lease expense and the gain or loss allowable for rate-making purposes. </span></span> </div> </div>","snippet":"If the sale and leaseback transaction is accounted for as a financing and the sale is recognized for rate-making purposes, the total of interest imputed under the interest method for the financing and the depreciation of…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fe7dde76ad3fcf0260a779400cc19d3a8f0645674cb5e476045a7858f856e506","downloaded_from":"2026-09-10T01:59:11.732Z","last_downloaded_at":"2026-09-10T01:59:11.732Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479141","source_sha256":"9c4d8ab72e7b7c3ab10dda7c72e56f5fadad30374ef4022f4873c917cdf26bd9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3c2b1245ce575d2562897d3d461f197b2519f68197df42cfad2cba07ddfb49ad","downloaded_from":"2026-09-10T01:59:11.732Z","last_downloaded_at":"2026-09-10T01:59:11.732Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479141","source_sha256":"9c4d8ab72e7b7c3ab10dda7c72e56f5fadad30374ef4022f4873c917cdf26bd9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:04996e556eeb86d5e346bc277fb10afb6bce826533fa73dda5a8acef4b480d03","downloaded_from":"2026-09-10T01:59:11.732Z","last_downloaded_at":"2026-09-10T01:59:11.732Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479141","source_sha256":"9c4d8ab72e7b7c3ab10dda7c72e56f5fadad30374ef4022f4873c917cdf26bd9"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:04996e556eeb86d5e346bc277fb10afb6bce826533fa73dda5a8acef4b480d03","downloaded_from":"2026-09-10T01:59:11.732Z","last_downloaded_at":"2026-09-10T01:59:11.732Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479141","source_sha256":"9c4d8ab72e7b7c3ab10dda7c72e56f5fadad30374ef4022f4873c917cdf26bd9"}}