# ASC 720-940-25: Other Expenses — Financial Services—Brokers and Dealers — 25 Recognition

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/720/940/#25-recognition)

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## ASC 720-940-25: 25 Recognition

[Read section](https://asc.understandingaccounting.org/asc/720/940/#25-recognition)

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##### [720-940-25-1](https://asc.understandingaccounting.org/asc/720/940/#720-940-25-1)

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With respect to [12b-1](https://asc.understandingaccounting.org/glossary/b/#12b-1 "Rule 12b-1 in Chapter 17 of the Code of Federal Regulations is one of the regulations implementing the Investment Company Act of 1940.") fees and deferred sales charges, see the cost guidance in Subtopic 946-720.