Uniform System of Accounts Prescribed for Electrical Corporations
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Other Rent Revenues : That is to say, all revenues flowing to the corpora- tion from its interests in property held by others under any lease or contract for a term not to exceed one year from the beginning of the term, or held at will or upon sufferance. This account contemplates that the taxes on prop- erty of this character shall be paid by the landlord and charged to the ap- propriate tax account. If under the contract covering the holding for terms of one year or less, or at will, the taxe...s are to be paid by the tenant, the amount of such taxes shall be credited month by month to this account as they accrue, and shall correspondingly be charged to the tax account cover- ing taxes on property of this character.
Entries in this account must be made in such wise as to show separately the classes above indicated, which will be required to be stated separa:tely in the annual reports to the Public Service Commission.
E902. Interest Revenues.
Credit to this account monthly as it accrues all — ■ Interest from Bound Investments: That is to say, all interest accruing to the corporation upon such of its interest-bearing free investments (as here- inbefore defined) as are liabilities of solvent concerns and individuals.
What to read after Uniform System of Accounts Prescribed for Electrical Corporations?
You can find similar books in the "Read Also" column, or choose other free books by New York (State). Public Service Commission. First District to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Other Rent Revenues : That is to say, all revenues flowing to the corpora- tion from its interests in property held by others under any lease or contract for a term not to exceed one year from the beginning of the term, or held at will or upon sufferance. This account contemplates that the taxes on prop- erty of this character shall be paid by the landlord and charged to the ap- propriate tax account. If under the contract covering the holding for terms of one year or less, or at will, the taxe...s are to be paid by the tenant, the amount of such taxes shall be credited month by month to this account as they accrue, and shall correspondingly be charged to the tax account cover- ing taxes on property of this character.
Entries in this account must be made in such wise as to show separately the classes above indicated, which will be required to be stated separa:tely in the annual reports to the Public Service Commission.
E902. Interest Revenues.
Credit to this account monthly as it accrues all — ■ Interest from Bound Investments: That is to say, all interest accruing to the corporation upon such of its interest-bearing free investments (as here- inbefore defined) as are liabilities of solvent concerns and individuals.
What to read after Uniform System of Accounts Prescribed for Electrical Corporations?
You can find similar books in the "Read Also" column, or choose other free books by New York (State). Public Service Commission. First District to read onlineMoreLess
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