Open Access. Powered by Scholars. Published by Universities.®

Taxation Commons

Open Access. Powered by Scholars. Published by Universities.®

Federal Publications

1910

Railroads -- Accounting

Articles 1 - 1 of 1

Full-Text Articles in Taxation

Classification Of Expenditures For Additions And Betterments As Prescribed By The Interstate Commerce Commission For Steam Roads In Accordance With Section 20 Of The Act To Regulate Commerce, United States. Interstate Commerce Commission Jan 1910

Classification Of Expenditures For Additions And Betterments As Prescribed By The Interstate Commerce Commission For Steam Roads In Accordance With Section 20 Of The Act To Regulate Commerce, United States. Interstate Commerce Commission

Federal Publications

This classification should be so applied as to reflect the net increase or decrease (determined according to the rules provided) in the investment of a carrier in such property as is used in the operation of railways as transportation agencies, including outside operations incidental to furnishing transportation. Entries in the accounts prescribed in this classification should be made only with respect to additions to, betterments of, and withdrawals and retirements of property composing the plant and equipment of existing main and branch lines, including sidings and spur tracks and the necessary buildings, structures, and facilities. Until such time as a …