Public Service Commission of Maryland: Regulations Prescribing an Uniform System of Accounts for Gas Corporations, Issued by Order of the Commission, June 12, 1911 (Classic Reprint)
Book Details
Author(s)
Unknown Author
Publisher
Forgotten Books
ISBN / ASIN
1330189426
ISBN-13
9781330189429
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#99,999,999
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United States 🇺🇸
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Description
Excerpt from Public Service Commission of Maryland: Regulations Prescribing an Uniform System of Accounts for Gas Corporations, Issued by Order of the Commission, June 12, 1911
By Capital as herein used, is meant all property of a corporation devoted to the rendering of the services or the production of the commodities which are within the purposes of the corporation.
Fixed Capital is capital which has an expectation of life in service of more than one year (exception being made of hand and other small portable tools liable to be lost or stolen)
Fixed Capital is divisible into:
(a) Original Capital.
That put into service at the outset of an enterprise.
(b)Additions.
Such additional structures, facilities or equipment as do not take the place of anything previously existing.
(c)Betterments.
The enlargement or improvement of existing structures, facilities and equipment.
(d)Renewals.
All extensions of terms of years in land and tangible fixed capital and all extensions of the life period of franchises and other intangible fixed capital.
(e)Replacements.
All substitutions for capital exhausted or become inadequate in service, the substitutes having practically no greater capacity than the things for which they were substituted.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
By Capital as herein used, is meant all property of a corporation devoted to the rendering of the services or the production of the commodities which are within the purposes of the corporation.
Fixed Capital is capital which has an expectation of life in service of more than one year (exception being made of hand and other small portable tools liable to be lost or stolen)
Fixed Capital is divisible into:
(a) Original Capital.
That put into service at the outset of an enterprise.
(b)Additions.
Such additional structures, facilities or equipment as do not take the place of anything previously existing.
(c)Betterments.
The enlargement or improvement of existing structures, facilities and equipment.
(d)Renewals.
All extensions of terms of years in land and tangible fixed capital and all extensions of the life period of franchises and other intangible fixed capital.
(e)Replacements.
All substitutions for capital exhausted or become inadequate in service, the substitutes having practically no greater capacity than the things for which they were substituted.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
