16 CRR-NY 181.3NY-CRR
16 CRR-NY 181.3
16 CRR-NY 181.3
181.3 Accounting period.
Each utility in Class C shall keep its books on a monthly basis, so that all transactions applicable thereto, as nearly as may be ascertained, shall be entered monthly in the books of the utility. Each utility in Class D shall keep its books on either a monthly or quarterly basis; when the quarterly basis is used provisions contained herein relative to monthly entries shall be regarded as calling for quarterly entries. A trial balance shall be taken after the monthly or quarterly postings have been made, and each utility shall close its books at the end of each calendar year.
16 CRR-NY 181.3
Current through February 28, 2023
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.