# ASC 210-942-05: Balance Sheet — Financial Services—Depository and Lending — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/210/942/#05-overview-and-background)

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## ASC 210-942-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/210/942/#05-overview-and-background)

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##### [210-942-05-1](https://asc.understandingaccounting.org/asc/210/942/#210-942-05-1)

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This Subtopic provides guidance on the offsetting and combining of amounts in the balance sheet of a financial institution.