# ASC 225-942-S25: Income Statement — Financial Services—Depository and Lending — SEC 25 Recognition

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/225/942/#sec-25-recognition)

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.

Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure.

Source downloaded (UTC): 2026-09-09T23:09:41.661Z to 2026-09-09T23:09:41.661Z

Record version: sha256:a40e56c4b27d8532567348268c222aea86160054b6b66fbf6e2aedd9f2c5aa4a

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 225-942-S25: SEC 25 Recognition

[Read section](https://asc.understandingaccounting.org/asc/225/942/#sec-25-recognition)

SEC content: yes

##### [225-942-S25-1](https://asc.understandingaccounting.org/asc/225/942/#225-942-S25-1)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:09:41.661Z to 2026-09-09T23:09:41.661Z

Record version: sha256:abf2e42bb1404024bd6ef226eb2df096a6de433050a55c726977381fbc10793d

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


[Paragraph superseded by Maintenance Update 2017-19.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/)