Uniform Classification of Accounts for Gas Utilities - Tapa blanda

. 1911 edition. : ...to the Commission. DEDUCTIONS FROM GROSS INCOME CONTRACTUAL ACCOUNTS Interest on Funded Debt. Charge this account monthly with all the interest accrued on the outstanding funded indebtedness of the gas utility. Credit such monthly charge to the account Unmatured Interest on Funded Debt Accrued. When the interest has matured, charge it to the account Unmatured Interest on Funded Debt Accrued and credit the account Matured Interest on Funded Debt Unpaid. When such interest is paid, charge the account Matured Interest on Funded Debt Unpaid and credit Cash or the coupon deposit account. Interest on Real Estate Mortgages. Charge this account monthly with all the interest accrued on outstanding obligations of the gas utility secured by real estate mortgages. Credit such monthly charge to the account Unmatured. Interest on Funded Debt Accrued (mortgage obligations with respect to this account being considered as funded if they do not mature until more than one year after the date of issue). When the interest has matured, charge it to the account Unmatured Interest, on Funded Debt Accrued and credit the account Matured Interest on Funded Debt Unpaid. When such interest is paid, charge the account Matured Interest on Funded Debt Unpaid, and credit Cash or other appropriate account. Interest on Floating Debt. Charge this account monthly with the interest accruing on all unfunded or floating obligations on which the gas utility is liable. Credit such monthly charges to the account Unmatured Interest on Note and Bills Payable Accrued. When the interest has matured, charge it to the account Unmatured Interest on Notes and Bills Payable Accrued and credit the account Matured Interest on Notes and Bills Pat/able Unpaid. When such interest is paid, charge the account Matured Interest on Notes and Bills Payable Unpaid and credit Cash or other appropriate account. Contractual Sinking Fund Requirements. Charge to this account monthly all accruals required...