# ASC 605-40-S25: Revenue Recognition — Gains and Losses — SEC 25 Recognition

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/605/40/#sec-25-recognition)

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## ASC 605-40-S25: SEC 25 Recognition

[Read section](https://asc.understandingaccounting.org/asc/605/40/#sec-25-recognition)

SEC content: yes

##### [605-40-S25-1](https://asc.understandingaccounting.org/asc/605/40/#605-40-S25-1)

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[Paragraph superseded by Accounting Standards Update No. 2012-03](https://asc.understandingaccounting.org/updates/asu-2012-03/).

#### Gains and Losses from the Disposition of Equipment

##### [605-40-S25-2](https://asc.understandingaccounting.org/asc/605/40/#605-40-S25-2)

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See paragraph [360-10-S99-1](https://asc.understandingaccounting.org/asc/360/10/#360-10-S99-1), SAB Topic 5.B, for SEC Staff views on the recognition of gains and losses from the disposition of equipment.

#### Accounting for the Divestiture of a Subsidiary or Other Business Operation

##### [605-40-S25-3](https://asc.understandingaccounting.org/asc/605/40/#605-40-S25-3)

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See paragraph [810-10-S99-5](https://asc.understandingaccounting.org/asc/810/10/#810-10-S99-5), SAB Topic 5.E, for SEC Staff views on gain recognition upon the divestiture of a subsidiary or other business operation.

##### [605-40-S25-4](https://asc.understandingaccounting.org/asc/605/40/#605-40-S25-4)

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[Paragraph superseded by Accounting Standards Update No. 2012-03](https://asc.understandingaccounting.org/updates/asu-2012-03/).