Uniform Classification of Accounts for Municipal Electric Light And Power Utilit

Cover Uniform Classification of Accounts for Municipal Electric Light And Power Utilit
Uniform Classification of Accounts for Municipal Electric Light And Power Utilit
Washington State Bureau of Inspection And Super
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Charge to this account all fees paid and expenditures incident to organizing the electric utility.
Discount on funded debt shall not be charged to this account. See definition of Account "A79 Unamortized Discount on Funded Debt. " P2 WATER RIGHTS.
Charge to this account the cost of all water rights having a life of more than one year from the date when they become effective for service in the operations of the utility.
Such rights include the right to take water, and also the rights of flowage
...and submersion. Mere licenses revocable at the will of the grantor or upon notice of one year or less shall not be charged to this account, but to Account "O7 Miscellaneous Supplies and Expenses. " P3 OTHER INTANGIBLE CAPITAL.
Charge to this account the cost of all other intangible property not included in the preceding accounts, including easements, rights of way and licenses having a life of more than one year.
B. TANGIBLE CAPITAL.
I. LANDS USED IN OPERATION OF PROPERTY.
Accounts shall be opened as indicated below, to which shall be charged the cost of all land used and useful in the operation of the electric utility, whose term of enjoyment is over one year from the grant thereof.


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