(A) This account shall include the original cost of steam plant owned and used and useful by the utility in the service of the public in its steam operations, including such property owned by the utlity but held by nominees.

(B) The cost of additions to and betterments of property leased from others shall also be recorded in this account. (See steam plant instruction § 463.6.)

The property included in this account shall be classified according to the detailed accounts (301 to 390) for steam plant.

The account for steam plant in service may include the entire original cost of units of property which are partially used and useful in utility operations when the portion which is so used and useful is not separable from the portion which is not used and useful.

(A) This account shall include the original cost of steam plant owned by the utility, but leased to others as operating units or systems, where the lessee has exclusive possession.

(B) The property included in this account shall be classified according to the detailed accounts (301 to 390) for steam plant, and this account shall be maintained in such detail as though the property were used by the utility in its steam operations.

This account shall include the total of the balance of work orders for steam plant in process of construction but not ready for service at the date of the balance sheet.

(A) This account shall include the original cost of steam plant owned and held for use in steam service under a definite plan for such use. There shall be included herein property acquired but never used by the utility in steam service, but held for such service in the future under a definite plan, and property previously used by the utility in steam service, but retired from such service and held pending its reuse in the future, under a definite plan, in steam service.

(B) The property included in this account shall be classified according to the detailed accounts (301 to 390) for steam plant, and the account shall be maintained in such manner and in such detail as though the property were in service.

Materials and supplies and customers' meters held in reserve shall not be included in this account.

(A) With respect to steam plant constructed or otherwise acquired prior to January 1, 1938, and still in service, leased to others, and held for future use at that date, this account shall include the difference between the book cost thereof as of December 31, 1937, and the original cost thereof when such difference is not clearly includible in any other account, and unless otherwise ordered by the commission.

(B) With respect to steam plant acquired after December 31, 1937, as an operating unit or system by purchase, merger, consolidation, liquidation or otherwise, this account shall include (unless otherwise ordered by the commission) the difference between (a) the cost to the accounting utility of such steam plant and (b) the original cost thereof less credits representing contributions (see paragraph B account 265, Contributions in Aid of Construction, and steam plant instruction § 463.2, subd. [e]), less the amount or amounts credted to the depreciation reserves of the accounting utility at the time of acquisition with respect to such steam plant and less the amount in account 265, Contributions in Aid of Construction. (See steam plant instructions §§ 463.1, 463.2 and 463.3.)

(C) Whenever practicable, this account shall be subdivided according to the character of the amounts included herein and so as to show the amounts applicable to steam plant in service, steam plant leased to others, and steam plant held for future use.

(D) A record shall be kept of the amounts in this account for each property acquisition after December 31, 1937.

(E) With respect to the amount applicable to steam plant acquired prior to January 1, 1938, and to each property acquisition thereafter, the utility shall notify the commission as to its program for depreciation, amortization, or other disposition of the amounts included in this account.

There shall be reported by this caption the net balance in the following accounts:

(A) There shall be included under this caption the balances in accounts for utility plant other than steam plant.

(B) A separate account shall be maintained for each utility department.

In the case of utility services for which systems of accounts are prescribed by this Commission, such as electric, gas, etc., the appropriate accounts in such systems shall be used instead of this account.

This account shall include the original cost of utility plant in service which is used in common for steam operations and other operations. (See steam plant instruction § 463.14.)

The property included in this account shall be classified according to the accounts for steam plant.

The account for common utility plant in service may include the entire original cost of units of property which are partially used and useful in utility operations when the portion which is so used and useful is not separated from the portion which is not used and useful.

This account shall include the original cost of common utility plant leased to others as operating units or systems, when the lessee has exclusive possession. (See steam plant instruction § 463.14.)

The property included in this account shall be classified according to the accounts for steam plant.

This account shall include the total of the balances of work orders for common utility plant in process of construction but not ready for service at the date of the balance sheet. (See steam plant instruction § 463.14.)

This account shall include the original cost of common utility plant owned and held for use in steam operations and other operations under a definite plan for such use. (See steam plant instruction § 463.14.)

The property included in this account shall be classified according to the accounts for steam plant.

This account shall include in the case of common utility plant (see steam plant instruction § 463.14) items corresponding to those provided for steam plant in account 105, Steam Plant Acquisition Adjustments.

This account shall include in the case of common utility plant (see steam plant instruction § 463.14) items corresponding to those provided for steam plant in accounts 106.1, Steam Plant in Process of Reclassification, 106.2, Steam Plant Purchased, or 106.3, Steam Plant Sold.

(A) This account shall include the cost to the utility (except as otherwise provided in steam plant instruction § 463.13, subd.) of land, structures, and equipment owned by the utility, but not used in utility service and not properly includible in account 104, steam plant held for future use, in account 108, Other Utility Plant, or in accounts 109.1 to 109.6 common utility plant.

(B) The records supporting the entries to this account shall be so kept that the utility can furnish information as to the nature and cost of each kind of property, from whom it was acquired, its location, and its use.

There shall be reported by this caption the amounts included in accounts 111.1 and 111.2.

(A) This account shall include the cost (except as otherwise provided) of the utility's investment in securities issued or assumed by non-associated companies, investment advances to such companies, and any investments not accounted for elsewhere. Securities held as temporary cash investments shall not be included in this account, but in account 123, Temporary Cash Investments.

(B) The records shall be maintained in such manner as to show the amount of each investment and the investment advances to each person.

Securities owned and pledged shall be included in this account, but securities held in special deposits or in special funds shall be included in the appropriate deposit or fund account. A complete record of securities pledged shall be maintained.

(A) This account shall include the assets held in sinking funds, such as:

(B) A separate account, with appropriate title, shall be kept for each sinking fund.

Nothing herein contained shall be construed as preventing a utility from transferring applicable sinking or other funds to account 121.3, miscellaneous special deposits, for the purpose of paying matured sinking fund obligations, or obligations called for redemption but not presented, or the interest thereon.

There shall be reported by this caption the amounts included in accounts 114.1 and 114.3.

This account shall include the utility's current cash funds except working funds. (See account 122, Working Funds.)

There shall be reported by this caption the amounts included in accounts 121.1, 121.2 and 121.3.

Special deposits with fiscal agents or others for the payment of interest shall be charged to this account. When interest is paid from the deposits, the amount shall be credited to this account and charged to the appropriate interest account.

Special deposits with fiscal agents and others for the payment of dividends on behalf of the utility shall be charged to this account. When dividends are paid from these deposits, the amount thereof shall be credited to this account and charged to the appropriate dividends payable account.

Special deposits with fiscal agents or others for special purposes other than the payment of interest and dividends shall be charged to this account. Such special deposits may include cash deposited with Federal, State, or municipal authorities as a guaranty for the fulfillment of obligations; cash deposited with trustees to be held until mortgaged property sold, destroyed, or otherwise disposed of is replaced; and also cash realized from the sale of the accounting utility's securities and deposited with trustees to be held until invested in property of the utility, etc. When the purposes of such deposits are satisfied and the deposits are released, this account shall be credited with the amount released. Entries to this account shall specify the purpose for which the deposit is made.

The foregoing special deposit accounts shall not include any assets available for general purposes.

Deposits for more than one year not offset by current liabilities shall not be charged to this account but to account 112, Other Investments.

This account shall include cash advanced to officers, agents, employees, and others as petty cash or working funds.

(A) This account shall include the cost (except as otherwise provided) of investments, such as demand and time loans, bankers' acceptances, United States Treasury certificates, marketable securities, and other similar investments, acquired for the purpose of temporarily investing cash.

(B) This account shall so be maintained as to show:

If any of the temporary investments are pledged, proper record of such pledged investments shall be kept.

This account shall include the cost (except as otherwise provided) of all collectible obligations in the form of notes receivable and similar evidences (except interest coupons) of money due on demand or within one year from the date of issue, which are not includible in other accounts.

This account shall not include notes receivable from associated companies. (See account 126.1, notes receivable from associated companies.)

The amount of notes receivable discounted, sold or transferred, unless transferred without recourse, shall not be credited to this account but to account 221, notes receivable discounted.

There shall be reported by this caption the balances in accounts 125.1 and 125.2.

(A) This account shall include the debit balances subject to current settlement in open accounts with associated companies, and notes and drafts upon which associated companies are liable, and which mature and are expected to be paid in full not later than one year from date of issuance, together with interest thereon. Items which do not bear a specified due date but which have been carried for more than ninety days and items which are not paid within 90 days from due date shall be transferred to account 111, Investments in Associated Companies.

(B) This account shall be subdivided as follows:

On the balance sheet, accounts receivable from an associated company may be set-off against accounts payable to the same company.

The face amount of notes receivable discounted or sold without releasing the utility from liability as endorser thereon, shall not be credited to this account, but to account 221, Notes Receivable Discounted.

(A) This account shall include the balance due from subscribers upon legally enforceable subscriptions to capital stock of the utility.

(B) The amount of each subscription shall be charged to this account at the time the subscription is accepted, and concurrently there shall be credited to account 204, Capital Stock Subscribed, the par value of stock with par value subscribed for. The difference, if any, between the above amounts shall be debited or credited, as appropriate, to account 150, Discount on Capital Stock, or account 203, Premiums and Assessments on Capital Stock. For non-par stock the entire subscription price shall be credited to account 204, Capital Stock Subscribed.

The records supporting the entries to this account shall be kept so that the corporation can furnish the name and address of each subscriber, the amount and kind of capital stock subscribed, the date of subscription, the date that each payment is due and the date that each is paid, the nature of each payment (whether cash or other consideration), and any other information that is necessary to make the history of the subscription complete.

This account shall include the amount of interest on bonds, mortgages, notes, commercial paper, loans, open accounts, deposits, etc., and the amount of dividends receivable on stocks owned.

Interest and dividends receivable from associated companies shall be included in account 126.2, Accounts Receivable from Associated Companies.

Interest which is not subject to current settlement shall be included in the account in which is carried the principal on which the interest is accrued.

No interest or dividends on securities issued or assumed by the utility shall be included in this account.

This account shall include rents receivable or accrued on property rented or leased by the utility to others.

Rents receivable from associated companies shall be included in account 126.2, Accounts Receivable from Associated Companies.

This account may include the estimated amount accrued to the utility for service rendered, but not billed, as of the end of any accounting period. (The use of this account is optional.)

In case the utility accrues, unbilled revenues, it shall likewise accrue unbilled expenses, such as for the purchase of steam.

(A) This account shall include the cost of unissued small tools and unapplied materials and supplies (including fuel). The cost shall include, when practicable, the purchase price at the point of free delivery, plus customs duties, excise and other taxes on purchases, insurance, costs of inspection, special tests prior to acceptance, loading and unloading, transportation, and other directly assignable charges.

(B) Inward transportation charges for materials as far as practicable shall be included as a part of the cost of the particular materials to which they relate. When not so included, they shall be charged to account 902, Stores Expenses—Clearing.

(C) Cash or other discounts on materials shall be deducted, when practicable, in determining the cost of the particular material, or credited to the account to which the material is charged. Discounts which are not so handled shall be credited to account 902, Stores Expenses—Clearing.

(D) Materials recovered in connection with construction, maintenance, or the retirement of property shall be charged to this account as follows:

(E) Inventories of materials, supplies, fuel, etc., shall be taken at least annually and the necessary adjustments shall be made to bring this account into harmony with the actual inventories. In effecting the adjustments, large differences which can be assigned to important classes of materials shall be equitably adjusted among the accounts to which such classes of materials have been charged since the previous inventory. Other differences shall be equitably apportioned among the accounts to which materials have been charged, or included in account 902, Stores Expenses—Clearing.

Interest on material bills, the payment of which has been delayed, shall be charged to account 535, Other Interest Charges.

The records supporting this account shall be kept so as to show, so far as practicable, the book cost of materials and supplies for each utility service and the book cost of merchandise carried in stock for the purpose of sale. Appliances held under consignment shall not be included herein, but there shall be kept a memorandum account of such appliances either at cost or at selling price, to show the appliances in stock and appliances sold.

See also general instruction § 461.12.

Customers' meters in stock or undergoing repairs shall not be included in this account, but in account 360.

This account shall include amounts representing prepayments of insurance, rents, taxes, interest, and miscellaneous items, and shall be kept or supported in such manner as to disclose the amount of each class of prepayments. Entries shall be made each month transferring from this account to the appropriate accounts the portion of each prepayment which is applicable to that month.

(A) This account shall include current and accrued assets of the general nature defined in account 120 to 132, inclusive, but not properly includible in any of those accounts.

(B) The records supporting the entries to this account shall be so kept as to show the nature of each class of assets included herein.

This caption shall include the total of the debit balances, of those accounts having debit balances, of the discount, expense, and premium accounts, for all classes of long-term debt. (See balance sheet instruction § 462.6.)

(A) This account shall include, when so authorized or directed by the commission, losses in service value of property abandoned or otherwise retired from service which are not provided for by the depreciation reserves and which could not reasonably have been foreseen and provided for. It shall include also, when so authorized or directed by the commission, extraordinary losses, such as unforeseen damages to property which could not reasonably have been anticipated and which are not covered by reserves or by insurance.

(B) The entire loss in service value of utility plant retired shall be charged to the depreciation reserves. If all, or a portion, of the loss in service value is to be included in this account, the depreciation reserve shall then be credited and this account charged with the amount properly chargeable hereto.

(C) This account shall be so maintained that convenient itemization may be made of all amounts included herein.

(D) Before making any entries in this account, the utility shall obtain the approval of the commission. Application for permission to use the account shall be accompanied by a statement or statements giving a complete explanation of the nature and cause of the property loss together with a description of the property, its location, the original cost thereof, classified in accordance with the prescribed steam plant accounts, the cost to the utility, the amount at which the property is retired or to be retired, the amount, if any, chargeable to the depreciation reserves (showing cost thus chargeable, salvage, and cost of removal) the amount it is proposed to include in this account, the period over which and the accounts to which it is proposed to write off the loss, and a copy of any statement or statements made or planned to be made to a trustee under a mortgage or other indenture with respect to the property.

(A) This account shall be charged with all expenditures for preliminary surveys, plans, investigations, etc., made for the purpose of determining the feasibility of projects under contemplation. If construction results, this account shall be credited and the appropriate property account charged. If the work is abandoned, the charge shall be to account 538, Miscellaneous Income Deductions, or account 414, Miscellaneous Debits to Surplus, unless otherwise authorized or directed by the commission. (See also general instruction § 461.15.)

(B) The records supporting the entries to this account shall be so kept that the utility can furnish complete information as to the nature and the purpose of the survey, plans or investigations, and the nature and respective amounts of the charges.

The amount of preliminary survey and investigation charges transferred to steam plant shall not exceed the expenditures which may reasonably be determined to contribute directly and immediately and without duplication to steam plant.

This caption shall include undistributed balances in clearing accounts (see accounts 902 to 907) at the date of the balance sheet. Balances in clearing accounts shall be substantially cleared not later than the end of the calendar year unless items held therein relate to a future period.

This account shall include the total of the balances of work orders for the retirement of utility plant. The amount credited to steam plant shall be charged to this account at the date the property is retired from steam service, and the cost of removal shall be charged to the account as incurred. Credits for salvage and insurance recovered shall be made to this account. Each work order applicable to steam plant shall be closed to account 250, Reserve for Depreciation of Steam Plant, upon completion of the removal, in such a manner as to record separately in the reserve the original cost of plant retired, the cost of removal, and the salvage or insurance recovered.

This account shall include the total of the balances in open work or job orders for work in progress, other than that covered by accounts 103, Construction Work in Progress, 108, Other Utility Plant, 109.3, Common Utility Plant Construction Work in Progress, and 144, Retirement Work in Progress.

(A) This account shall include all debits, not elsewhere provided for, the proper final disposition of which is uncertain, and unusual or extraordinary expenses, not included in other accounts, which are in process of amortization. (See also general instruction § 461.14.)

(B) The records supporting the entries to this account shall be so kept that the utility can furnish full information as to each deferred debits included herein.

(A) There shall be reported by this caption all balances in the accounts for discount on capital stock.

(B) The accounts hereunder shall be kept in such manner as to show separately the discount on each class and series of capital stocks. (See balance sheet instruction § 462.5.)

(C) Amortization credits to this account shall be debited to account 414, Miscellaneous Debits to Surplus.

(A) There shall be reported by this caption all balances in the accounts for expenses incurred in connection with the authorization, issuance and sale of capital stocks.

(B) The accounts hereunder shall be kept in such manner as to show separately the expense on each class and series of capital stocks. (See balance sheet instruction § 462.5.)

(C) Amortization credits to this account shall be debited to account 414, Miscellaneous Debits to Surplus.

There shall not be included in this account expenses in connection with the reacquisition of the utility's capital stock.

(A) This account shall include the par value of capital stock actually issued by the utility and reacquired by it and not retired or canceled, except, however, stock which is held by trustees in sinking or other funds. Stock without par value shall be included in this account at the proportionate amount at which the particular class and series of stock is included in account 200, Common Capital Stock, or account 201, Preferred Capital Stock.

(B) The accounting for amounts paid for capital stock reacquired shall be as provided in paragraph e of balance sheet instruction section 462.5.

(C) When reacquired capital stock is resold by the utility (see section 82 of Public Service Law) the par value (or amount included in this account for stock without par value) of the stock resold shall be credited to this account.

(D) This account shall be maintained or supported in such manner as to show the amount herein applicable to each class and series of stock.

(A) This account shall include the par or face value of bonds or other long-term debt actually issued or assumed by the utility and reacquired by it and held under conditions which do not permit the utility to treat such securities as paid, retired, or canceled, but which permit the resale of the securities. (See section 82 of Public Service Law.) It shall not include securities which are held by trustees in sinking or other funds.

(B) When the securities are reacquired, the difference between the par or face value and the amount paid upon reacquisition, and any unamortized discount, expense or premium, shall be accounted for in accordance with balance sheet instruction section 462.6.

(C) This account shall be maintained or supported in such manner as to show the amount herein applicable to each class and series of long-term debt.

(A) These accounts shall include the par value of capital stock with par value and the cash value of the consideration received for non-par stock, of each class of capital stock actually issued and actually outstanding, and also the capital stock in account 152, Reacquired Capital Stock.

(B) When the actual cash value of the consideration received is more or less than the par value of any stock having par value, the difference shall be credited or debited, as the case may be, to the discount or premium account for the particular class and series.

(C) When capital stock is retired and canceled, these accounts shall be charged with the amount at which such stock is carried herein.

(D) A separate ledger account, with a descriptive title, shall be maintained for each class and series of stock. The supporting records shall show the shares nominally issued, actually issued and nominally outstanding.

When a levy or assessment, except a call for payment on subscriptions, is made against holders of capital stock, the amount collected upon such levy or assessment on capital stock with par value shall be credited to account 203, Premiums and Assessments on Capital Stock, and a levy or assessment on capital stock without par value shall be included in this account.

No entries, other than those covered by the above provisions and those to record liquidating dividends, shall be made in any account for non-par stocks, except upon order of the commission.

When the amount at which a given class of stock is recorded in an account for either par or non-par stock is either increased or decreased to reflect any transaction other than the routine issuance or retirement of individual shares of such stock, the utility shall within 10 days thereof submit to this commission, with full supporting details, a copy of the entry whereby such increase or decrease was effected.

(A) This account shall include the par value of capital stock with par value and the cash value of the consideration for non-par stock which the utility has agreed to exchange for outstanding securities of other companies in connection with the acquisition of properties of such companies under terms which allow the holders of the securities of the other companies to surrender such securities and receive in return therefor capital stock of the accounting utility.

(B) When the securities of the other companies have been surrendered, this account shall be charged and account 200, Common Capital Stock, or account 201, Preferred Capital Stock, as the case may be, shall be credited.

(C) The records shall be so kept as to show separately the stocks of different classes and series for which liability may exist.

(A) This account shall include the excess of actual cash value of the consideration received over the par value and accrued dividends, of par value stock issued, together with assessments against stockholders representing payments required in excess of par value.

(B) A separate account shall be maintained for premiums and assessments on each class and series of stock.

(C) When capital stock is reacquired or retired, the amount in this account with respect to the shares of such stock reacquired or retired shall be debited hereto. (See balance sheet instruction § 462.5.)

Assessments on stock without par value shall be included in account 200 or account 201, as appropriate.

(A) This account shall include the amount of legally enforceable subscriptions to capital stock of the utility. It shall be credited with the par value of capital stock with par value or with the subscription price, in the case of stock without par value, exclusive of accrued dividends, if any. Concurrently, a debit shall be made to account 127, Subscriptions to Capital Stock, for the agreed price; any discount or premium on capital stock with par value shall be debited or credited to the appropriate discount or premium account. When properly executed stock certificates have been issued representing the shares subscribed, this account shall be debited and account 200, Common Capital Stock, or account 201, Preferred Capital Stock, shall be credited with the par value of capital stock with par value, and with the consideration received for capital stock without par value.

(B) The records shall be kept in such manner as to show the amount of subscriptions to each class and series of stock.

(A) This account shall include the amount of instalments received on capital stock on a partial or instalment payment plan from subscribers who are not bound by a legally enforceable subscription contract.

(B) As subscriptions are paid in full and certificates issued, this account shall be charged and account 200, Common Capital Stock, account 201, Preferred Capital Stock, or account 152, Reacquired Capital Stock, as appropriate, credited with the par value of such capital stock having par value, and with the consideration received for capital stock without par value. Any discount or premium on capital stock with par value shall be included in the appropriate discount or premium account.

(C) The records shall be kept in such manner as to show the amount of instalments received on each class and series of stock.

The records supporting the entries to this account shall be kept so that the corporation can furnish the name and address of each subscriber, the amount and kind of capital stock subscribed, the date of subscription, the date that each payment is due and the date that each is paid, the nature of each payment (whether cash or other consideration), and any other information that is necessary to make the history of the subscription complete.

(A) This account shall include the face value of the actually issued and unmatured bonds, which have not been retired or canceled; also the face value of such bonds issued by others the payment of which has been assumed by the utility.

(B) This account shall be so kept or supported as to show the face value of (1) nominally issued bonds, (2) nominally outstanding bonds and (3) actually outstanding bonds of each class and series.

For instructions relative to accounting for discount, expense, and premium on long-term debt, see balance sheet instruction section 462.6.

Matured long-term debt shall be included in account 225, Mature Long-term Debt.

(A) This account shall include the face value of certificates of indebtedness issued by receivers in possession of the property and acting under the orders of a court.

(B) A separate subdivision shall be maintained for each issue of receivers' certificates.

Matured receivers' certificates shall be included in account 225, Matured Long-term Debt.

(A) This account shall include until maturity, all long-term debt not otherwise provided for. This covers such items as real estate mortgages, executed or assumed, assessments for public improvements, notes and unsecured certificates of indebtedness not owned by associated companies, receipts outstanding for long-term debt and other obligations maturing more than one year from date of issue or assumption. (See balance sheet instruction § 462.3.)

(B) Separate accounts shall be maintained for each class of obligation, and records shall be maintained to show separately for each class all details as to date of obligation, date of maturity, interest dates and rates, security for the obligation, etc.

Matured long-term debt shall be included in account 225, Matured Long-term Debt.

(A) This account shall include the face value of notes owed to associated companies and the amount of open book accounts representing advances from associated companies, not subject to current settlement, including interest thereon when such interest is not subject to current settlement. (See general instruction § 461.8.)

(B) This account shall be subdivided as follows:

The records supporting the entries to this account shall be so kept that the utility can furnish complete information concerning each note and open account.

Notes and open accounts representing indebtedness subject to current settlement shall be included in account 223, Payables to Associated Companies.

This account shall include the face value of all notes, drafts, acceptances, or other similar evidences of indebtedness to other than associated companies, payable on demand or which by their terms are payable within a time not exceeding one year from the date of issue. (See balance sheet instruction § 462.3.)

This account shall include the face value of notes receivable discounted or sold without releasing the utility from liability as endorser thereon.

This account shall include all amounts payable by the utility within one year, and which are not provided for in other accounts.

This account shall include amounts owed to associated companies on notes, drafts, acceptances or other similar evidences of indebtedness and open accounts payable on demand or not more than one year from date of issue or creation. (See general instruction § 461.8). This account shall be subdivided as follows:

223.1 Notes Payable to Associated Companies.

223.2 Accounts Payable to Associated Companies.

Exclude from this account notes and accounts which are includible in account 215, Advances from Associated Companies.

Interest on debt to associated companies which is not subject to current settlement shall be included in the account wherein is carried the debt on which it accrues; if subject to current settlement it shall be included in subdivision 223.2 of this account.

This account shall include the amount of dividends which have been declared but not paid. Dividends shall be credited to this account when they become a liability.

This account shall include the amount of long-term debt (including any obligation for premiums) matured and unpaid, without specific agreement for extension of the time of payment; it shall also include bonds called for redemption but not presented.

This account shall include the amount of matured interest on long-term debt or other obligations of the utility at the date of the balance sheet, unless such interest is added to the principal of the debt on which incurred.

This account shall include all amounts deposited with the utility by customers as security for the payment of bills.

(A) This account shall be credited during each accounting period with the amount of taxes accrued during the period, corresponding debits being made to the appropriate accounts for tax charges. Such credits may be based upon estimates, but from time to time during the year as the facts become known, the amount of the periodic credits shall be adjusted so as to include as nearly as can be determined in each year the taxes applicable thereto. Any amount representing a prepayment of taxes applicable to the period subsequent to the date of the balance sheet shall be shown under account 132, Prepayments.

(B) The records supporting the entries to this account shall be so kept that the utility can furnish information as to the amount, by classes, of taxes accrued, the basis for each tax accrual and the accounts to which charged, and the amount, by classes, of taxes paid.

There shall be reported by this caption the balances included in accounts 229.1 and 229.2.

This account shall include the current and accrued liabilities not provided for elsewhere.

This caption shall include the total of the credit balances of the discount, expense, and premium accounts, for all classes of long-term debt, including receivers' certificates. (See balance sheet instruction § 462.6.)

(A) This account shall include such advances by customers for construction as are to be refunded wholly or in part. When a customer is refunded the entire amount to which he is entitled according to the agreement or rule under which the advance was made, the balance, if any, remaining in this account shall be debited hereto and credited to the steam plant accounts to which the cost of the property was charged.

(B) Separate subdivisions shall be kept for each utility service.

This account shall include advanced billings and receipts and other deferred credit items, not provided for elsewhere; also amounts which can not be entirely cleared or disposed of until additional information has been received or which should be credited to income or to surplus accounts in the future.

(A) This account shall be credited with the following:

(B) This account shall be charged with the book cost (see § 460.1[a][6]) of steam plant retired, except items in account 301, Organization, and the cost of removal, and shall be credited with the salvage value and any other amounts recovered, such as insurance. (See also account 144, Retirement Work in Progress.)

(C) For balance sheet purposes, this account shall be regarded and treated as a single composite reserve. For purposes of analysis, however, each utility shall maintain records in which the depreciation reserve shall be segregated according to the primary steam plant accounts. The credits and debits to the reserve shall be so made as to show separately for each primary steam plant account (1) the amount of the accrual for depreciation, (2) the original cost of property retired, (3) cost of removal, (4) salvage, and (5) other items, including recoveries from insurance. (See also general instruction § 461.12.)

(D) When transfers of property are made from one utility plant account to another or from or to non-utility property, the accounting shall be as provided in steam plant instruction § 463.13.

(E) This account shall be subdivided as follows:

The utility is restricted in its use of the reserve to the purposes set forth above. It shall not divert any portion of the reserve to surplus or make any other use thereof without the approval of the commission.

This account shall be credited or debited with amounts which are charged or credited to account 505, Amortization of Steam Plant Acquisition Adjustments, to account 537, Miscellaneous Amortization, or to surplus, for the purpose of providing for the extinguishment of amounts in account 105, Steam Plant Acquisition Adjustments.

This account shall include the depreciation and amortization reserves applicable to property in account 108, Other Utility Plant.

In the case of utility services for which systems of accounts are prescribed by this commission, such as electric, gas, etc., the appropriate accounts in such systems shall be used instead of this account.

This account shall include the depreciation and amortization reserves applicable to property carried in accounts 109.1, 109.2, 109.4, 109.5, and 109.6, subdivided so as to show separately the amounts applicable to each primary plant account. (See also general instruction § 461.12.)

(A) This account shall include the depreciation and amortization reserves applicable to property not otherwise specifically provided for, including that carried in account 110, Other Physical Property.

(B) This account shall be maintained so as to show the amount of each separate reserve and the nature and amounts of the debits and credits thereto.

(A) This account shall be credited each month with amounts reserved for losses on accounts receivable which may become uncollectible, and also with collections on accounts previously charged hereto. Concurrent charges shall be made to account 783, Uncollectible Accounts, for amounts applicable to steam operations, and to corresponding accounts for other operations.

(B) This account shall be subdivided as follows:

Accretions to this reserve shall not be made in excess of a reasonable provision against losses of the character provided for.

(A) This account shall include amounts reserved by the utility for self-insurance against losses through accident, fire, flood, or other hazards to its own property or property leased from others. The amounts charged to account 798, Insurance, or other appropriate accounts to cover such risks shall be credited to this account. A schedule of risks covered by this reserve shall be maintained, giving a description of the property involved, the character of the risks covered and the rates used.

(B) Charges shall be made to this account for losses covered by self-insurance.

Accretions to this reserve shall not be made in excess of a reasonable provision against losses of the character provided for.

All repairs shall be charged in the first instance to the account appropriate for the repair, and all retirements shall be charged to depreciation reserves, to which accounts shall be credited amounts chargeable to this account.

(A) This account shall be credited with amounts charged to account 799, Injuries and Damages, or other appropriate accounts, to meet the probable liability, not covered by insurance, for deaths or injuries to employees and others, and for damages to property not owned or held under lease by the utility.

(B) When liability for any injury or damage is admitted by the utility either voluntarily or because of the decision of a court or other lawful authority, such as a workmen's compensation board, the admitted liability shall be charged to this account and credited to the appropriate liability account.

Recoveries or reimbursements for losses charged to this account shall be credited hereto; the cost of repairs to property of others if provided for herein, shall be charged to this account.

Accretions to this reserve shall not be made in excess of a reasonable provision against losses of the character provided for.

(A) This account shall include provision which has been made by charges to operating expense or other accounts, or by specific appropriations of income or surplus, and by amounts contributed by employees (whether carried in special funds or in general funds of the utility) for pensions, accident or death benefits, savings, relief, hospital, and other provident purposes.

(B) This account shall be charged with payments for which provision has been made In accordance with paragraph A.

(C) Separate accounts shall be kept for each kind of reservation included herein.

Amounts paid into a trust fund irrevocably devoted to the payment of pensions or other employees' benefits shall not be included in this or any other account.

(A) This account shall include all reserves maintained by the utility and which are not provided for elsewhere in this system of accounts.

(B) This account shall be maintained in such manner as to show the amount of each separate reserve and the nature and amounts of the debits and credits thereto.

(A) This account shall include those contributions for construction purposes made prior to January 1, 1945 in cash, services or property by States, municipalities or other governmental agencies, individuals and others which have not been transferred to other accounts. (See steam plant instruction § 463.3.)

(B) Amounts in this account at December 31, 1944 which can be identified with steam plant accounts or can be distributed to steam plant accounts under a plan approved by the commission shall be transferred to the appropriate accounts; otherwise the amounts remain in this account. Except as provided herein and in steam plant instruction, section 463.11 subdivision (f) in the case of steam plant sold, amounts in this account shall not be transferred to any other account without the approval of the commission.

(C) The records supporting the entries to this account shall be so kept that the utility can furnish information as to the purpose of each contribution, the conditions, if any, upon which it was made and the amount of contributions from (a) States, (b) municipalities, (c) customers and (d) others.

(D) This account shall be subdivided according to departments (steam, electric, gas, etc.) of the utility.

(A) This account shall include all surplus not classified herein as earned surplus. It shall include surplus arising from the acquisition of the utility' s capital stock, from donations by stockholders, from a reduction of the par or stated value of the utility's capital stock, and from the forgiveness of debt of the utility except when the circumstances under which such debt was created indicate that its forgiveness is an adjustment of earned surplus and the commission has approved its inclusion in earned surplus.

(B) This account shall be maintained in such manner as to permit a ready analysis of the charges and credits hereto.

This account includes items often termed capital surplus.

This account shall include the balance, either debit or credit, of unappropriated surplus arising from earnings. It shall not include surplus includible in account 270, Unearned Surplus.

This account shall include interest revenues on investments in securities of other companies.

Interest accrued shall not be credited to this account unless its payment is reasonably assured.

Interest on reacquired securities issued or assumed by the utility shall not be credited to this account.

Interest on securities held in sinking or other special funds shall not be included in this account but in account 525, Revenues from Sinking and Other Funds.

This account may include for each month the applicable amount requisite to extinguish (during the interval between the date of acquisition and the date of maturity) the difference between the cost to the utility and the par value of securities on which the interest is received. Amounts thus credited or charged shall be concurrently included in the accounts in which the securities are carried. (See balance sheet instruction § 462.4.)

This account shall include interest revenues on loans, notes, advances, special deposits, and all other interest bearing assets, except as provided in accounts 524.1 and 525.

Interest accrued shall not be credited to this account unless its payment is reasonably assured.

(A) This account shall include interest accrued on advances from associated companies and included in account 215, Advances from Associated Companies.

(B) The records supporting the entries to this account shall be so kept as to show to whom the interest is to be paid, the period covered by the accrual, the rate of interest and the principal amount of the advances on which the interest is accrued.

(A) This account shall include interest accrued on amounts recorded in account 223.1, Notes Payable to Associated Companies, on amounts recorded in account 223.2, Accounts Payable to Associated Companies, and on any other obligation to associated companies, except long-term debt held by and advances from such companies, the interest on which shall be included in account 530 or 534.1, as appropriate.

(B) The records supporting the entries to this account shall be so kept as to show to whom the interest is to be paid, the period covered by the accrual, the rate of interest, the nature of the obligation on which accrued, and the account or accounts credited with the accrual.

This account shall include the cost of supervising and directing the operation of steam production stations. (See operation and maintenance instruction § 467.4.)

The cost of fuel analysis shall be charged to account 131, Materials and Supplies.

This account shall include the pay of employees in boiler rooms and elsewhere about the premises engaged in making steam.

This account shall include the pay of employees engaged in operating accessory power equipment which is devoted to the production of power for the supply of auxiliaries and general station use.

This account shall include the pay of employees engaged in operating steam production stations, when such pay is not chargeable to the foregoing steam plant labor accounts.

(A) This account shall include the cost delivered at stations, including cost of transferring from one station to another (see account 131, Materials and Supplies), of coal, oil, gas, or other fuel used in the production of steam. It shall also include the net cost of, or amount realized from, the disposal of ashes.

(B) Records shall be maintained to show the quantity, B.t.u. content, if available, and cost of each type of fuel used.

This account shall include the cost of water for boilers and condensers, etc. If water is purchased, the charge shall be at the contract price or the meter rate; if pumped by the utility, the cost of pumping shall be charged to this account.

This account shall include the cost of lubricants for machinery in steam production stations, including the cost of recovering oil from waste and the cost of handling and filtering.

Lubricants used In pumping water shall be charged to account 704, Water.

Do not include in this account oil or grease for automobiles, trucks and wagons, or oil for lamps or for similar purposes.

This account shall include the cost of all miscellaneous supplies, tools, etc., used in steam production stations.

This account shall include miscellaneous expenses, which are not specifically provided for in other operating expense accounts, incurred in the operation of steam production stations.

This account shall include the cost of supervising and directing the maintenance of steam production stations. (See operation and maintenance instruction § 467.4.)

This account shall include the cost of maintenance of buildings, structures, fixtures, and improvements at steam production stations, the book cost of which is included in account 311, Structures and Improvements.

This account shall include the cost of maintenance of coal storage, handling, ash disposal, and pulverizing equipment at steam production stations, the book cost of which is included in account 312, Boiler Plant Equipment.

This account shall include the cost of maintenance of furnaces and boilers at steam production stations, the book cost of which is included in account 312, Boiler Plant Equipment.

This account shall include the cost of maintenance of auxiliary apparatus in boiler rooms at steam production stations, the book cost of which is included in account 312, Boiler Plant Equipment, such as air preheaters, draft apparatus, combustion control apparatus, foundations, food water apparatus, pumps, and water purification systems.

This account shall include the cost of maintenance of steam production station piping systems and accessories used in connection with the making of steam, the book cost of which is included in account 312, Boiler Plant Equipment.

This account shall include the cost of maintenance of accessory power equipment in steam production stations, the book cost of which is included in account 315, Accessory Power Equipment.

This account shall include the cost of maintenance of miscellaneous station equipment, the book cost of which is included in account 316, Miscellaneous Station Equipment.

This account shall include all rents of property of others used, occupied, or operated in connection with steam power generation; and also amounts payable for depreciation, taxes, interest or return under joint facility agreements. (See operation and maintenance instruction §§ 467.5 and 467.6.)

Rents payable to customers for use of their steam equipment shall be included in a separate subdivision of this account. The utility shall keep supporting records to show for each such lease, a description of the property covered, the annual rental, and the dates when such lease became effective and the dates of actual operation by the utility.

This account shall include the cost at the point of delivery to the utility of steam purchased for resale, including charges for readiness to serve and also charges for steam transferred to the steam department from another operating department of the company.

The records shall be so kept as to show separately for each company from which steam is purchased, the point of delivery, the quantity, the price, and the total charge. When steam is transferred from another operating department, the utility shall be prepared to show full details of the cost of producing such steam, the basis of the charges to the steam department, and the extent and manner of use by each department involved.

This account shall include such portion of the cost of operating and maintaining joint facilities operated by the utility in connection with the production of steam as is charged to others or to a coordinate department. (See operation and maintenance instruction § 467.6.)

(A) This account shall include amounts for the cost of operation and maintenance payable by the steam department to others or to a coordinate department for joint facilities used, occupied, or operated in connection with steam production. (See operation and maintenance instruction § 467.6.)

(B) The records supporting the entries to this account shall be so kept that the utility can furnish a complete explanation of the debits to this account, including the following: (1) Charges from others, (2) charges from coordinate departments.

Charges for steam produced in joint facilities shall not be included in this account but in account 711, Steam from Other Sources.

(A) This account shall include such portion of the cost of operating and maintaining joint facilities operated by the steam department in connection with steam production as is charged to others or to a coordinate department. (See operation and maintenance instruction § 467.6.)

(B) The records supporting the entries to this account shall be so kept that the utility can furnish a complete explanation of the credits to this account, including the following: (1) Charges to others, (2) charges to coordinate departments.

Credits for steam transferred, produced in joint facilities, shall not be included in this account but in account 712, Steam Transferred—Credit.

This account shall include the cost of supervising and directing the operation of the distribution system. (See operation and maintenance instruction § 467.4.)

This account shall include salaries and expenses for the preparation of distribution maps and records, including the cost of stationery, drafting materials, etc.

This account shall include such distribution office expenses as heat, ice water, office supplies, stationery and printing, telephone tolls and rentals, janitor service, etc.

This account shall include the cost of labor and material used and expenses incurred in the operation of distribution lines, including mains and regulating and measuring equipment, and services. (1) Cleaning manholes, (2) fuel, (3) lubricants and waste, (4) meter and gauge supplies, (5) moisture tests, (6) operating pumps in manholes, (7) replacing pressure charts, (8) tools, hand.

This account shall include the cost of labor and materials used and expenses incurred in inspecting, testing, removing and resetting or changing the location of meters and accessory equipment located on customers' premises.

This account shall include the cost of all disconnecting and reconnecting of meters, except when occasioned by the failure to pay, in which case the cost is chargeable to account 780.4, Collecting.

All installation costs of meters and of accessory equipment may be charged to this account.

(A) This account shall include the cost of labor and material used and expenses incurred in work on customers' premises other than amounts included in account 762.1, Removing and Resetting Meters and Accessory Equipment.

Fees and charges to customers for such services shall be credited to account 614, Servicing of Customers' Installations.

This account shall not include costs incurred in connection with merchandising, jobbing and contract work.

This account shall include the cost of supervising and directing the maintenance of the distribution system. (See operation and maintenance instruction § 467.4.)

This account shall include the cost of maintenance of distribution structures and improvements, the book cost of which is included in account 351, Structures and Improvements.

This account shall include the cost of maintenance of mains, etc., the book cost of which is included in account 353, Mains.

(A) This account shall include the cost of maintenance of services, the book cost of which is included in account 359, Services.

This account shall include the cost of maintenance of meters and accessory equipment, the book cost of which is carried in account 360, Meters, and account 361, Accessory Equipment on Customers' Premises.

The initial testing of meters shall be charged to account 360, Meters.

This account shall include all rents for property of others used, occupied, or operated in connection with the distribution system; and also amounts payable for depreciation, taxes, interest or return under joint facility agreements. (See operation and maintenance instructions §§ 467.5 and 467.6.)

(A) This account shall include amounts for the cost of operation and maintenance payable by the steam department to others or to a coordinate department for joint facilities used, occupied, or operated in connection with the distribution of steam. (See operation and maintenance instruction § 467.6.)

(B) The records supporting the entries to this account shall be so kept that the utility can furnish a complete explanation of the debits to this account, including the following: (1) Charges from others, (2) charges from coordinate departments.

(A) This account shall include such portion of the cost of operating and maintaining joint facilities operated by the steam department in connection with the distribution of steam as is charged to others or to a coordinate department. (See operation and maintenance instruction § 467.6.)

(B) The records supporting the entries to this account shall be so kept that the utility can furnish a complete explanation of the credits to this account, including the following: (1) Charges to others, (2) charges to coordinate departments.

This account shall include the cost of supervising and directing work on customers' contracts, orders, inquiries and accounts, and in meter reading and collecting. (See operation and maintenance instruction § 467.4.)

This account shall include the pay and expenses of employees engaged in work on customers' applications, contracts, orders, complaints and inquiries, and supplies used and expenses incurred in connection therewith.

This account shall include the pay and expenses of employees engaged in investigations of customers' credit and the keeping of records pertaining thereto, including supplies used and expenses incurred in connection therewith.

The keeping of this account is optional. If not used, charges provided for herein shall be included in account 780.1, Customers' Contracts and Orders.

This account shall include the pay and expenses of employees engaged in reading customers' meters, and supplies used and expenses incurred in connection therewith.

This account shall include the pay and expenses of employees engaged in collecting customers' bills, and supplies used and expenses incurred in connection therewith; also corresponding payments to attorneys, collection agencies or others, not employees of the utility, who are engaged in making such collections.

This account shall include the pay and expenses of employees engaged in customers' billing and accounting work, and supplies used and expenses incurred in connection therewith.

This account shall include the labor, materials and expenses, which are not chargeable to the foregoing accounts, and which were used or incurred in customers' accounting and collecting.

This account shall be charged each month with amounts sufficient to provide for losses from uncollectible steam revenues. Concurrent credits shall be made to account 254, Reserve for Uncollectible Accounts. Losses from uncollectible accounts shall be charged to such reserve. (See also account 789.2.)

This account shall include rents of property of others used in connection with customers' accounting and collecting. (See operation and maintenance instruction § 467.5.)