# ASC 320-946-S25: Investments—Debt Securities — Financial Services—Investment Companies — SEC 25 Recognition

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/320/946/#sec-25-recognition)

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## ASC 320-946-S25: SEC 25 Recognition

[Read section](https://asc.understandingaccounting.org/asc/320/946/#sec-25-recognition)

SEC content: yes

#### Investment Securities

##### [320-946-S25-1](https://asc.understandingaccounting.org/asc/320/946/#320-946-S25-1)

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See paragraph [946-320-S99-11](https://asc.understandingaccounting.org/asc/320/946/#320-946-S99-11), CFRR 404.03.a, for the recognition requirements for certain investment securities.

##### [320-946-S25-2](https://asc.understandingaccounting.org/asc/320/946/#320-946-S25-2)

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See paragraph [946-320-S99-17](https://asc.understandingaccounting.org/asc/320/946/#320-946-S99-17), CFRR 404.04.a, for the recognition requirements for restricted securities.

#### Dividend and Interest Income

##### [320-946-S25-3](https://asc.understandingaccounting.org/asc/320/946/#320-946-S25-3)

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See paragraph [946-10-S99-3](https://asc.understandingaccounting.org/asc/946/10/#946-10-S99-3), Regulation S-X Rule 6-03(g), for the recognition requirements for dividend income.

#### Accounting for Interest Collected on Defaulted Bonds

##### [320-946-S25-4](https://asc.understandingaccounting.org/asc/320/946/#320-946-S25-4)

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See paragraph [946-320-S99-9A](https://asc.understandingaccounting.org/asc/320/946/#320-946-S99-9A), CFRR 404.02, for SEC views on accounting for purchased defaulted bonds with defaulted interest coupons attached.