# ASC 340-978-40: Other Assets and Deferred Costs — Real Estate—Time-Sharing Activities — 40 Derecognition

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/340/978/#40-derecognition)

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## ASC 340-978-40: 40 Derecognition

[Read section](https://asc.understandingaccounting.org/asc/340/978/#40-derecognition)

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##### [340-978-40-1](https://asc.understandingaccounting.org/asc/340/978/#340-978-40-1)

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[Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/).

##### [340-978-40-2](https://asc.understandingaccounting.org/asc/340/978/#340-978-40-2)

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[Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/).