Uniform Classification of Accounts for Gas Utilities Prescribed By the Railroad
Uniform Classification of Accounts for Gas Utilities Prescribed By the Railroad
Railroad Commission of Wisconsin
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Credit the account with all amounts of tar sold to the company for its own use or sold to the public. The account Tar Stock Expense will be closed into this account monthly. NOTE : Utilities making both coal gas tar and water gas tar are at liberty to subdivide this account in order to show the debits and credits for each kind of tar separately. NOTE : Tar Stock Expense. Charge this account with the cost of labor, ma- terial and expenses incurred in distilling and marketing tar. Including the c...ost of tar packages, cartage, freight, switching, the salary of foreman at the tar plant, tar salesman, advertising, and the cost of operating tar handling ma- chint-'ry and equipment and the cost of hand and portable tools used in hand- ling and disposing of tar. Companies producing coal gas tar and water gas tar may open sub-accounts showing expense incident to each kind of tar produced. . (This account will be closed monthly into the Tar fl/or/, - . \
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