Uniform Classification of Accounts for Water Corporations Prescribed By the Railroad Commission of the State of California: Rev. Effective Jan, 1, 1920 (Classic Reprint)

Bus. A dmin. Library 5686 W3CI UNIfORM CLASSI flCATION OF ACCOUNTS fOR WATER CORPORATIONS. Approved October 25, 1912. To All Water Corporations: This uniform system of accounts for water corporations is established ciju and issued by the Railroad Commission of theS tate of California in accordance with provisions of section 48 of law of 1911, known as the Public Utilities A ct, in effect March 23, 1912. Section 48. The Commission shall have power to establish a system of accounts to be kept by the public utilities subject to its jurisdiction, or to classify said public utilities and establish a system of accounts for each class, and to prescribe the manner in which such accounts shall be kept. It may also in its discretion prescribe the forms of accounts, )records and memoranda to be kept by such public utilities, including the accounts, records and memoranda of the movement of traffic as well as the receipts and expenditures of moneys, and any other forms, records and memoranda which in the judgment of the Commission may be necessary to carry out any of the provisions of this act. The system of accounts established by the Commission and the forms of accounts, records and memoranda prescribed by it shall not be inconsistent, in the case of corporations subject to the provisions of the act of congress entitled An act to regulate commerce, approved February fourth, eighteen hundred and eighty-seven, and the acts amendatory thereof and supplementary thereto, with the systems and forms from time to time established for such corporations by the Interstate Commerce -; Commission, but nothing herein contained shall affect the power of the Commission to prescribe forms of accounts, records and memoranda covering information in addition to that required by the Interstate Commerce Commission. The Commission may, after hearing had upon its ovn motion or upon complaint,
(Typographical errors above are due to OCR software and don't occur in the book.)