-•^'"J^vti^^V^ UC-NRLF " II ^636 ' ' ''' '^ 13 H DOCUMENTS DEPT 9i o CD GIFT OF DOCUMENH) ti OrPT' I STATE OF NEVADA i r« « Ji I W fHC iVfeRSlTY ) ©» / Uniform Classification of Accounts FOR ELECTRIC UTILITIES PRESCRIBED BY THE Public Service Commission of Nevada CARSON CITY, NEVADA State Printing Office : : : Joe Farnsworth, Superintendent 1911 ^[^ UNIFORM CLASSIFICATION OF ELECTRIC ACCOUNTS PRESCRIBED BY THE PUBLIC SP:RVICK commission of NE\'AI)A INTRODUCTORY STATEMENT Carson City, June, 1911. To Xccada Electric Utilities: This circular embraces the uniform classification of accounts for elec- tric utilities prepared under the following provisions of Chapter 102 of the Statutes of 1911, known as the Public Utilities Law: Uniform Accounting- by Utilities. Sec. 7. Every public utility shall keep and render to the Commission in manner and form prescribed by the Commission, uniform and detailed accounts of all business transacted. Other Business Separate. {((} Every public utility engaged directly or indirectly in any other business than those mentioned in section 3 of this act, shall, if required by the Commission, keep and render in like manner and form the accounts of all such other business, in which case all the provisions of this act shall apply with like force and effect to the books, accounts, papers and records of such other l)usiness. Blanks Furnished by Commission. {(I ) The Commission shall cause to be prepared suitable blanks for carrying out the purpose of this act, and shall, when necessary, furnish such blanks to each public utility. Form of Bookkeeping Prescribed. (//) No i)ublic utility shall keep any other books, accounts, papers or records of the business transacted than those prescril>ed or api)roved by the Connnission. Each public utility shall have an oHice within tliis State, and shall keep in said olhce all such l)0()ks, accounts, records or papers, none of which shall be removed at any time from the State except upon such conditions as may l)e prescribed by the Commission. Annual Reports. (//) The accounts of all such public utilities shall be closed annually on the 30th day of June, a balance sheet taken promi)tly therefrom, and full annual reports of the business to be made to the Commission not later than the 15th day of September following the closing of the * 274(>2I 4 PrBLic Servicf: Commission of Nevada lUH'ounts. Tlie reports siialT l)e in .siu-li form as may 1)l' prescribed i)y the Commis}3ioli,':viul sljajl contain all the information deemed by the Commission' necessary for'tlie prcJper performance of its duties. The Commission may, at any time, call for (lesired information omitted from such reports, or not provided for therein, whenev(^r, in the judgment of the Commission, such information is necessary. It is desired that all electric utilities conform their accounts to the sys- tem prescribed herein at their earliest possil)le convenience. It is pos- sible that some alterations may be found expedient at some future time, but for the present, this classification is adhered to and prescrii)ed and upon it will be based the annual reports made to the Public Service Commission hj^ all electric utilities. In order that this system may meet in a most satisfactory manner with the needs of the electric interests, consistent with the requirements of the Public Utilities Law, it is urged that all companies which are unable for any reason to conform to the accounts for the class in which they natu- rally come under the above arrangements, will communicate with this Commission, stating in full their reasons or conditions why special con- sideration should be given and an explanation of how complete a compli- ance with this sj'stem can be made. PUBLIC SERVICE COMMISSION OF NEVADA. H. F. Bartine, Chief Commissionrr. J. F. Shaughnessy, First Associate Commissioner. W. H. Simmons, Second Associate Com inissi oner. INCOME ACCOUNTS PuBLJc Service Co.ajmission of Nevada INCOME ACCOUNT FORM FOR REPORT OPERATING REVENUES Commercial Lighting Kiirnings . . . (Details) Municipal Contract Lighting Earnings . (Details) Commercial Power Earnings . . . (Details) Municipal Power Earnings .... (Details) Sales of Electric Current to Other Public Utili- ties (Details) Miscellaneous Earnings from Operation . (Details) Total Operating Revenues OPERATI XG EXPENSES Power ...... Transmission and Transformation Distribution . . . . Consumption . . . . Commercial . . . . (General rndistributed . . . . Total of Above Items Contingencies (Extraordinary) Taxes Total Operating Expenses Net Operating Revenue or Deficit Nonoperating Revenues Gross Income or Deficit . (Details) (Details) (Details) (Details) (Details) (Details) (Details) (Details) (Details) (Details) DEDUCTIONS FROM GROSS INCOME Interest on Funded Debt Interest on Real Estate Mortgages Interest on Floating Debt Contractual Sinking Fund Requirements ^liscellaneous Deductions . Total . . . . . Net Income or Deficit (Details) (Details) (Details) (Details) (Details) DISPOSITION OK NET IN(^OME Preferred St(jck Dividends .... (Details). Common Stock Dividends .... (Details) Appropriations to Municipal Funds (Mniiicii):»l Plants Only) (Details) Other Pavments fr(»iii X«»t Income . (Details) Total Surplus or Deficit for Year .... Surplus or Deficit at Beginning of Year Adjustments During Y<'ar (Prolit and Loss Account) . Surplus or Deficit at Close of Year (as ]>er Balance Siieet) DETAILED ACCOUNTS WITH TEXT OPERATING REVENUES Commercial Lighting Earnings. C'redit this account with all revenues from consumers except munici- palities for electric current supplied for commercial lighting purposes, including commercial arcs and incandescents, both where the revenue is dependent upon the quantity of energy taken as recorded by a meter and where such energy is sold at flat rates and independent of quantity taken per unit of time, demand or installation. Commercial consumers as used in this account embrace residences, offices, retail mercantile establishments, etc., where electric energy is not used primarily for power or industrial purposes. W^here some manufac- turing or industrial processes are performed in any office, store, or resi- dence, or appliances are operated as fans, sewing machine motors, motors for grinding in grocery stores, etc., such processes being merely incidental to the broader use of the premises as commercial lighting consumers and the current so used for industrial or power purposes is not separately metered, the total consumption at such premises shall l^e treated as com- mercial lighting. Where, however, the current used for such appliances, motors, etc., is metered separately the earnings from each class of service will be credited to the appropriate Revenue accounts. When electric energy is sold both by meter and flat rates, the earnings from each such division shall be credited to subdivisions of this account and reported separately to the Commission as follows: (I. Com mcr rial Lighting Earnings — Flat Rate, b. Commercial Lighting Earnings — Metered. Current sold to municipalities for lighting public buildings not specifi- cally included in the contract for public lighting, will l)e considered as commercial earnings and credited to this account or to its appropriate subdivision. Where it is the custom of the utility to charge a mininunn amount when the consumption during the month is less than a prescribed amount, the total amount of such minimum charge shall be credited to this account or to its appropriate sub-account. Wliere it is the custom of the utility to grant a discount from the gross bill or to add a penalty to the l)ill wliere p:iyment is not made on or before a prescribed date, sucli discounts or penalties shall be charged or credited to this account. Utilities desir- ing to do so may open sub-accounts to show separately the Miniminn Ih'll and the Di.^rniint or Prnaltg items. Municipal Contract Lighting Earnings. Credit this account with the earnings from the sale of electric current to the municipality f(n* pul)lic lighting service, embracing the lighting of streets, alleys, bridges, viaducts, pa,rks, commons, etc., l)ut not the light- 8 PriiLir Sp:rvice Commission of Nevada ingof pul)lic Imildings, unless sucli arc particularly included in the con- tract covering such puhlic lighting. Wlicre municipal huildings, are not so included in the contract for puhlic lighting, they are to he regarded as commercial consumers. Commercial Power Earnings. C'rctlit this account with all revenue from the sale of electric current for power purposes to all consumers except municipalities, electric rail- ways, and other electric utilities for the purpose of re-sale, hoth where the service is dependent upon the quantity of energy taken as recorded by meter, and where such energy is sold at flat rates and independent of the quantity taken for any unit of time, demand or installation. Where electric current is sold both hy meter and flat rates, the earnings from each such division shall he credited to subdivisions of this account and reported separately to the Connnission as follow^s: a. Commercial Power Earnings — Flat Rate. b. Commercial Power Earnings — Metered. Where it is the custom of the utility to charge a minimum amount in cases where the consumption during the month is less than a prescribed amount, the total amount of such minimum charge shall be credited to this account or to its appropriate sub-account. Where it is the custom of the utility to grant a discount from the gross bill, or to add a penalty to the bill where payment is not made on or before a prescribed date, such discounts or penalties shall be charged or credited to this account. (Utilities desiring to do so may open sub-accounts to show separately the Minimum Bill and the Discount or PenalUi items.) Municipal Power Earnings. Credit this account with all revenue from the sale of electric current for power purposes to municipalities. Miscellaneous Earnings trom Operation. Credit to this account all earnings received from the sale of electric energy and service and from operating transactions not properlj^ includ- ible in any of the preceding accounts. NONOPERATING REVENUES Profit on Merchandise Sales. Credit to this account the receipts derived from the sale of electric appliances or electric merchandise as lamps, fans, flat-irons, heating appliances, motors, and other electric appliances for the utilization of electric energy. Profit, as used in this account, is defined as l)eing the excess of the sales price over the cost, including the invoice cost, cost of handling, storage, etc. To this account shall be charged all expenses for labor and material in connection with the sale of such appliances or merchandise. The net amount only, or the profit on merchandise sales, is to be carried to the Income Account in the annual report. The credits and charges to this account will be made in such a manner as to admit of a detailed analysis when called for by the Commission. Wiring and Installation Work. Credit this account with all earnings derived from wiring and installa- tion work performed by the utility for a stipulated profit or commission Uniform Accounts— Electric Utilities 9 upon its actual outlay for labor, materials and expenses. This includes earnings from services performed on the consumers' premises, such as wir- ing buildings and structures for lighting or power purposes and rearrang- ing such wiring and connected fixtures. If prospective consumers are charged for services performed by the utility in connecting the wired prem- ises with the service connection or for placing the service wiring, such earnings shall be credited to this account. There will be charged to this account all expenses for labor and mate- rials in connection with such operations, the net only or the profit from such wiring and installation work being carried to the Income Account in the annual report. The credits and charges to this account will be made in such a manner as to admit of a detailed analysis when called for by the Commission. Rents from Land and Buildings, Conduits, Pole Lines and Apparatus. Credit to this account, as it accrues, all revenue from the rental of land and buildings and rentals received for the use of conduits, poles and other line supports and apparatus. Where the contract for the rental of any apparatus or appliances covers also the cost of connecting such appa- ratus and its maintenance, the entire revenue from such contract shall be credited to this account. To this account shall be charged all expenses incurred in connection with the collection of rents, commissions and fees therefor; the cost of procuring tenants for buildings, drawing contracts and leases, advertising for tenants of such buildings; expenses of ouster proceedings, and taxes, unless the taxes are to be paid by the tenant. Any expenses accruing while land and buildings are idle, also repairs upon such property, will be charged to this account. Only the net revenue or profit from the above transactions will be carried to the Income Account in the annual report. Credits and charges to this account are to be made in such a manner as t(j admit of a detailed analysis being made when called for l)}^ the Commission. Interest on Deposits. Credit to this account all interest as it accrues on deposits of the utility funds with banks, trust companies or individuals. Interest on security investments will not be credited to this account but to the account Interest and Dividends from Investments. Interest on moneys belonging to any of the reserves of the utility will be credited to such reserves. Interest and Dividends from Investments. Credit to this account all interest as it accrues upon interest-bearing securities which are liabilities, either actual or contingent, of solvent companies, cities or individuals, held as investments by the utility. Credit to this account the cash value, as on the date when they become collectible, of dividends upon the stocks, preferred and conmion, of cor- porations held as investments by the utility. A description of the securities whose yield is credited to this account will !)(' called for in the ainuial report to the Commission. Appropriations from Municipal Funds (for Municipal Plants Only). Credit to this account all ap])roj)riations made by the municipality to the funds of the accounting utility for operating purposes. (This account applies only to municipally owned utilities.) 10 Public Service Co.mmission of Nevada Miscellaneous Nonoperating Revenues. Credit to this account all revenues from nonoperatinj^ sources not includiltle in any of the preceding accounts. llilities are at liherty to open sui)-acc()unts for tlie purpose of showing the revenues from any particular sources. OPERATING EXPENSE ACCOUNTS I. Power II. Transmission and Transformation III IV. Distribution V. Consumption VI. Commercial VII. CtENERAL VIII. Undistributed Note— In case any electric utility finds it impossible or impracticable to keep its accounts with the detail herein prescribed, it should petition tlie Commission for authority to consoHdate any two or more accounts, accompanying its petition with such facts wliich in its judgment make the keeping of the detailed accounts impracticable. Operating expenxe-s are intended to include all items of expense neces- sarily incurred in being prepared to serve or in serving the public as an electric utility. This includes the expense of maintaining intact the organization of the utility, the generation, distribution and sale of elec- tric energy and all processes necessarily incident thereto, together with the collection of the revenues from such operations. In order that the Opfrating Expenses shall clearly reflect only the cost of rendering such public service, all expenses incident to the operation of any other utility service performed or of anj^ transactions of a commercial nature shall be excluded therefrom. Operating Expenses in the broadest significance of the term are divisible into two classes, viz., Operation and Maintenance . Operation should be understood to mean the "use" of the propert,v and includes labor, materials and supplies and expenses, but excludes all .Uainte nance items. Maintenance should be understood to mean "upkeep" and should cover all expenditures for ordinary repairs, renewals or replacements of prop- erty resulting through wear and tear, or through those casualties which are incidental to the nature of the operation and which expenditures are necessary in order to keep up the productive capacity of the plant to its original or equivalent state of efliciency. The items includible in the above subdivisions except where S(^me other meaning is clearly apparent from the language used in explaining the account shall be understood to have the following meaning: The Cost of Lalxrr shall be understood to cover not c^nly wages paid for manual labor, l)Ut salaries and fees paid to persons engaged in clerical, engineering or supervisory occupations. Materials and Supplies shall be understood to cover the substances or matter consumed in fm-nishing the ele(;tric service as required or author- ized by law and endiraces not oidy finished and unfinished products, l)ut all expenses incurred in connection with their ])reparation for use and Uniform Accounts— Electric Utilities 11 specifically chargeable against such products and also includes a portion of the stores expenses, if such materials and supplies pass through the stores department. Hand Tools, because of their liability to loss and theft and their rapid consumption in use, are to be considered as operating supplies in the year in which thej^ were purchased and charged to the account for the benefit of which they were purchased. Expenses should be understood to mean all expenditures made or incurred which are chargeable to the accounts referred to and which are not Labor or Materials and Supplies. I. POWER (A) Steam Power Generation Superintendence. Charge to this account the total cost of superintendence of the steam power generation plant. This account includes the salaries of the super- intendent of power plant, chemists at plant, draftsmen, foremen and all clerical help upon records and accounts pertaining to steam power gen- eration, whether at the general office or at the plant. Charge also with the proportion of the salaries of the engineering staff assignable to the steam power plant. Note — If energy is also generated by hydraulic power or gas power, the total cost of superintendence at the station will be apportioned over the corresponding Superintendence accounts . Note— This account is included in the account Ojjerating Labor. Engine Labor. Charge to this account the cost of all labor engaged in operating steam prime mover equipment. This includes such labor as that of chief engi- neers and assistants, engineers, oilers, wipers, machinists and all other employees whose duties concern the operation of such steam prime mov- ers. (Exclude all maintenance labor.) Note— This account is included in the account Operating Labor. Electrical Labor. Charge to this account all labor in connection with operating the elec- tric apparatus and devices driven by steam power, l)eginning with the generators, direct connected or belted to the prime movers, and includ- ing the power plant switchboards, feeders, terminal )x)ard, and to where the electric current leaves the power plant switchlxxird for the transmis- sion or distribution system. This account includes the salaries of system operators or load dispatchers, foremen over regulators, regulators and assistants, generator attendants, switchboard attendants, brushmen, elec- tric wipers, power j^lant wiremen ;ind all other employees whose duties are the operation of the steam power j)lnnt electrical equi])nK'nt. (Exclude maintenance labor.) Note- If energy is also generated by hydraulic power or by gas power or both, and such electric a])paratus is attended jointly by the station electrical hibor, such labor will be properly npportioneil over the respective classes of Poirer accounts. Note — This accomit is inciiidt'd in the account ()ficni/l)ir(>priate Maintenance accounts in the respective groups of Poircr accounts. Note— This account is included in the account MdliifriKnicr of Poircr Plant Equipment. 14 Public Service Commission of Nevada Maintenance of Power Plant Buildings, Fixtures and Grounds. Charge this iiccount witli the expense of all lalK)r and material incurred in repairing buildings and structures, including permanent apparatus foundations, used exclusively for the generation of electric energy hy steam power, and outl)uildings, tool liouses, etc. Note— If current is also gcMierated by hydraulic ])o\ver or gas power, or both, the maintenance of buildings, fixtures and grounds used jointly will be appor- lioned over the appropriate Maintenance accounts in the respective groups of Poucr accounts. I. POWER (B) Hydraulic Power Generation For Iliidnnilir Power Generation use the same division of accounts as given for Sfniii) Poirer Generation, except the following accounts: Hydraulic Labor. Charge tliis account with the salaries and wages of all employees oper- ating the hj'draulic works, including foremen, gate-men, wheelmen, canal-men, patrollers of reservoirs, dams and channels, and all other empl(\vees whose duties concern the operation of the hydraulic power equipment. (Exclude maintenance labor.) Note— This account is included in tlie account Operating Labor. Hydraulic Power Purchased. Charge to this account the cost of all water purchased for the purpose of operating hydraulic uiotive power equipment for the generating of electric energy. It is desired that the account shall be so kept as to indi- cate the name of the compan}^ or individual from wdiom such w^ater was purchased, the amount of water power purchased and the terms under which it was purchased. Maintenance of Dams, Canals and Flumes. Charge to this account the expense of all labor and supplies incurred in repairing hydraulic structures. Such structures include dams, embankments, etc., for impounding water and all appurtenant gates, valves, weirs, waste ways, canals, conduits and other channels (including riprap, lining w^alls, etc.), pipe lines, flumes, aqueducts and supporting trestles, forebays and appurtenant sieves and grids, wasteways, etc., all viaducts, bridges, foot bridges, etc., over and accessory to or necessitated by such canals, aqueducts and flumes, and also the wasteways conduct- ing water from the outlet of the draft-tube to the point of final discharge. Note— This account is included in the account Maintenance of Hydraulic Poirrr Woris. Maintenance of Turbines and Water Wheels. Charge to this account the expense of all labor and supplies incurreal Contract Li(ihtint 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. ("barge this account monthly with all the interest accrued on out- standing obligations of the electric utility secured by real estate mort- gages. 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 U) 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 f)ei)t (^npaid wuil credit Unsh or other appropriate account. Interest on Floating Debt. Charge this account UK^nthly with the interest accruing on all unfunded or floating ol)ligations on which the electric utilitjMs liable. Credit such monthly charges to the account Unmatured Interest on Xote.'^ and Bill'< J^aj/- (d)lc Accrued. When the interest has matured, charge it to the account Unmatured Interext on Notes and BilU Paj/able Accrued and credit the account Matured Interest on Notes and, Bills Pajiidde Unjxdd. When such interest is paid, charge the account Matured Interest on Notes <(ud Bills Pai/able UniKtid and credit ^V^^7/ or other :i|)i)ro])riate account. Contractual Sinking Fund Requirements. Charge, to this account monthly all accruals required to I )e made to sinking funds in accordance witli the i)rovisions of trust deeds, mort- 24 PuBLK' Service Commission of Nevada gages or other contracts requiring the estaljlislnnent of sinking funds. Such charges will be credited to the Sinking Fund Reserve. All accruals to reserves or other funds, created voluntarilj^ l)y the utility and not in pursuance of the provisions of any mortgage or other contract or of the requirements of law, shall l)e excluded therefrom. BALANCE SHEET ACCOUNTS 2(5 Public Service Commission of Nevada RAT.AXCE SHEET FOinr FOR REPORT Assets PKOrEKTV AND PLANT: Cost Beginning of Year. Construction and Equipment Current Fiscal Year. Cost Close of Year. TREASURY SECURITIES: Treasury Stock. Treasury Bonds. investments: Stocks and Bonds of Other Companies. Other Investments. reserve, sinking and special fund assets: Sinking Fund. Special Funds. current assets: Cash. Notes and Bills Receivable. Accounts Receivable. Interest and Dividends Receivable. Material and Supplies. Sundry Current Assets. PREPAID ACCOUNTS: Prepaid Insurance. Prepaid Taxes. Prepaid Interest. Sundry Prepaid Accounts. Open Accounts. Deficit. Total Assets. Uniform Accounts— Electric Utilities BAF.ANCE SHEET FORM FOR REPORT— (Continued.) Liabilities CAPITAL liabilities: Capital Stock Preferred. Capital Stock Common. Funded Debt. MORTGAGE LIABILITIES: Real Estate Mortgages. Other INIortgages. CURRENT liabilities: Notes and Bills Payable. Accounts Paj^able. Matured Interest on Funded Debt Unpaid. Matured Interest on Notes and Bills Payable Unpaid. Dividends Unpaid. Deposits. Sundry Current Liabilities. ACCRUED liabilities: Insurance Accrued. Taxes Accrued. Unmatured Interest on Funded Debt Accrued. Unmatured Interest on Notes and Bills Payable Accrued. Dividends Accrued. Sundry Liabilities Accrued. Open Accounts. RESERVE, SINKING AND SPECIAL FUND LIABILITIES: Sinking Fund. S])ecial Funds. Surplus. Total Liabilities. 28 Public Service Commission of Nevada DETAILED ACCOUNTS WITH TEXT CONSTRUCTION AND EaUIPMENT ACCOUNTS INTANGIBLE CAPITAL Organization. Charge to this account all fees paid to governments for the privilege of incorporation and all fees and other expenditures incident to organizing the electric utility business. This includes the cost of preparing and distril)uting prospectuses, cost of soliciting subscriptions for stock (but not for loans nor for the purchase of bonds or other evidences of indebt- edness), cash fees paid to promoters, and the actual cash value at the time of organization of securities paid to promoters for their services in organizing the enterprise, attorney's fees, cost of preparing and issuing certificates of stock, and cost of procuring certificates of convenience and necessity from the Commission, and other similar expenses. This account shall not be charged with any discounts on securities issued, nor shall it include any costs incident to negotiating loans or selling bonds or any other evidence of indebtedness. Expenses incident to an increase of the capital stock, and the negotiation and sale of stock there- under, and expenses of preparing and filing certificates of amendment to the articles of incorporation, shall be charged to this account. Franchises. Charge to this account the actual amount paid to the State or to a political subdivision thereof in consideration for any franchise deemed necessary to the conduct of the electric utility service. If any such fran- chise is acquired by purchase, the charge to this account, in respect thereof, shall not exceed the amount so actually paid therefor by the electric util- ity to its assignor. If any franchise has a life of not more than one year after the day when it is placed in service or in effect, it shall not be charged to this account Imt to the appropriate ojjerating expense account. Expenses in procuring franchises covering additional territory to be operated as a part of the existing system may be charged to this account. Payments made to state authorities or to any sul)division thereof, in consideration for granting extension of any franchise having a life in service of more than one 3'ear from the date of the grant, shall be con- sidered as a renewal. If the franchises cover separate and distinct new enterprises, payments therefor shall be classed as original and charged to this account. Rights, Licenses, Etc. Charge to this account the cost of all rights, licenses and other intangi- ble assets having a life of more than one year from the date when placed in service, acquired })y the utility in or under valid patent grants by the United States to inventors for inventions and discoveries which are necessary or valuable to the economical conduct of the electric business, etc. If such right is extended to cover a further period of time than Uniform Accounts— Electric Utilities 29 that covered l)y the original grant, the cost of such extension shall he classed as a renewal. A patent right acquired for use in an existing S3'steni and necessary to the economical operation thereof, shall he classed as an addition. Note— Utilities are at liberty to open sub-accounts showing the total cost of any class of rights or single patent. TANGIBLE CAPITAL Lands Used in Operation of Property Accounts shall be opened as indicated helow, to which shall he charged the cost of all land used and useful in the operation of the electric utiHty whose term of enjoyment is over one year from the grant thereof. The cost of land shall include the purchase price, the cost of registration of title, cost of examination of title, surveyors' and notaries' fees, purchas- ing agent's commission, the fees and taxes accrued to date from transfer of title, and all liens upon title acquired; also the cost of obtaining con- sents and payments for abutting property damages. The cost of any buildings, fixtures and improvements made to the land purchased, must not be charged to these accounts. If at the time of acquisition of any interest in land it extends to buildings or other improvements thereon, which improvements are devoted by the electric utility to its electric service and the contract of acquisition does not determine the price of such buildings or improvements, they shall be appraised at their fair cash value for use in such operations, and such appraised value shall be charged to. the proper Buildings, Fixtures and Grounds account, and excluded from the Land account. If such improvements are not devoted to electric operations, but are devoted to other operations or are held as investment, the cost (or appraised value if the cost is not determined by the contract) shall be charged to an appropriate investment account. Power Plant Land. enlarge this account with the cost of all land as above defined, occu- pied l)y the power plant together with all land used and useful in con- nection with the hydraulic power works, steam plant, power gas plant and all appurtenances thereto. Note— Utilities are at liberty to open sub-accounts showing the cost of land devoted to any particular use as steam power plant land, gas power plant land, hydraulic power plant land, etc. Sub-Station and Transformer Station Land. ('barge this account with the cost of all land as hereinl)efore defined, occupied by sub-stations and transformer stations. Note— Utilities are at liberty to open sub-accounts showing the cost of land devoted to the several sub-stations and transformer stations which it may own and operate. General Land Office. ('liarg(? this account with the cost of all land as hercinbi^foii' (IdiniMl, occupied by the general oHice Imildings of the electric utility. Utility Equipment Land. Charge this account with the cost of all land as hereinbefore defined, occupied by barns, stables, automobile and vehicle and other utility equipment storage structures :ind land a])i)urtenaiit thereto. 30 PrBTJC Servk^f Commission of Nevada Buildings, Fixtures and Grounds Used in Operation of Property. Accounts shall 1)C()1H'ium1 as indicated hclow. to which shall he charged the cost of all l)uildings, structures and ini})r()ven)ents in the land used and useful in the generation of electrical energy and all steps incidental to such generation, distrihution and sale. Such huildings, structures and fixtures include hydraulic structures, producer gas huildings and structures, steam structures, power-plant buildings, general ofHce huild- ings, coal and other fuel sheds and other storage huildings and structures, harns stables and all fixtures attached to such huildings and a perma- nent part thereof, togcthei- with fences, walks, trestles, drives, grading and improvement of grounds. Machinery foundations and settings, if designed as a part of the permanent construction of the building and independent of their use in C(^nnection with any particular unit of equip- ment, shall be charged to the 'Appvoin'Miie Bdildingx, Fixtures (rnd Groiuids account. If, however, such foundations and settings are prepared especially for certain units of equipment and designed to last no longer tlian such unit, their cost will be charged to the proper Equipnient account. The following accounts will be raised: Steam Power Plant Buildings, Fixtures and Grounds. Charge to this account the cost of all buildings, fixtures and grounds devoted to the generation of electric energy by steam power. Such structures include steam power plant buildings and structures, and all buildings incidental thereto, and permanent machinery and apparatus foundations, appurtenant walks, fences, drives, tramwa^^s, trestles and all fixtures permanently attached thereto and a part thereof. Note— Buildings devoted to the generation of steam and for storage purposes will not be charged to this account. Hydraulic Power Plant Buildings, Fixtures and Grounds. Charge to this account the cost of all buildings, fixtures and grounds devoted to the generation of electric energy by hydraulic power, including hydraulic buildings and structures, generating station l)uildings and structures and all buildings and structures incidental thereto, together with permanent foundations for machinery and apparatus, appurtenant walks, fences, drives, tramways, trestles and all fixtures permanently attached thereto and part thereof. Boiler Plant Buildings, Fixtures and Grounds. C'harge this account with the cost of all buildings, fixtures and grounds devoted to the generation of steam, all permanent foundations and set- tings for machinery and apparatus and appurtenant walks, fences, drives and tramways and all fixtures permanently attached to such structures and niad(; a part thereof. Sub-Station and Transformer Station Buildings, Fixtures and Grounds. Charge to this account the cost of all buildings, fixtures and grounds devoted to sub-station and transformer station uses, including perma- nent foundations and settings for machinery and apparatus, together with iippurtenant walks, fences, drives, etc., and fixtures ])crnianently attached to such structures and made a part thereof. General Office Buildings, Fixtures and Grounds. Charge to this account the cost of all buildings, fixtures and grounds devoted to general office purposes of the electric utility and not includi- Uniform Accounts— Electric Utilities 31 l)le in any' of tiie preceding departmental buildings accounts, also all fixtures permanently attached thereto and a part thereof, such as heat- ing and plumbing systems, electric wiring, permanent building vaults, together with appurtenant walks, fences, drives, etc. Stores Department Buildings, Fixtures and Grounds. (liarge to this account the cost of all buildings, fixtures and grounds used for storage purposes, embracing such structures as coal and other fuel storage sheds, distribution and transmission line material storage structures, etc., together with all fixtures permanently attached thereto and a part thereof, as fences, drives, walks, etc. Utility Equipment Buildings, Fixtures and Grounds. Charge this account with the cost of all buildings, fixtures and grounds devoted to stable, barn, garage or other utility equipment storage pur- poses, and all fixtures permanently attached thereto and a part thereof, and appurtenant fences, drives, walks, etc. Power Plant Equipment. Accounts shall be opened as indicated below, to which shall be charged the cost of all equipment and apparatus used in the generation of elec- tric energy, up to and including the station switchboard. It is designed that the cost of all apparatus and equipment shall be so charged and classified that the cost of all apparatus used in connection with the gen- eration of electric energy by any particular motive power will be shown in the account covering such power plant equipment. The following accounts will be raised : Steam Power Plant Equipment. C'liarge this account with the cost of' all steam engines and turbines devoted to the production of electric energy, which shall be considered to include steam prime mover accessories as the throttle valve and the governor, also condensers, air and circulating pumps and lubricating systems. Charge also with the cost of all electric generating apparatus driven by steam prime movers together with rotaries and motor-generator sets, exciters, etc., when not installed in connection with the transmis- sion system. This includes the specially provided foundations and settings of such apparatus. Charge also with all accessory and auxiliary equipment in the steam power generating station, including belts and other transmission equipment, line and counter shafting, pullej's, bus- bars, regulators, station switchboards and equipment such as circuit breakers, switches, meters and their settings, together with special high tension transmission equipment at the steam power station as high tension bus-bars, high tension switchboards, high tension switches, high tension current transformers, high tension lightning arresters, high tension potential transformers, high tension reactive coils, high tension (^lioke coils, high tension grounding devices and resistances, high tension step-up and step-down transformers. Notp:— Utilities desirin{i; to do so inay subdivide this account into the tollo\vinformer station eciuipment and ap])aratus, including the electrical equipment as f\\i?^ORM Accounts— Electric Utilities 33 transformers, motor-generator sets, rotaries, boosters, switchboards, fur- niture, etc. Distribution System. Charge to this account the cost of the distribution system, embracing all towers, poles, cross-arms, insulator pins, braces, brackets, and other pole fixtures and appliances, guys, and other tower and pole supports, and all cal)lcs, wires, insulators, and insulating material constituting the distribution system between the central station switchboard or the sub- station or transformer station to the consumers' premises including the service wiring. Transformers. Charge this account with the cost of all distribution line transformers, both those placed on the premises of the consumer and upon the poles or other supports adjacent thereto. The cost of the original setting of each transformer will be charged to this account. Transformers and transformer devices operated in connection with the transmission s\'stem will not be charged to this account but to the account Sub- Station and Transformer Station Equipment. Meters. Charge to this account the cost of all meters installed for determining the amount of energy delivered to consumers. The cost of the original setting of each meter Avill be charged to this account if it is the policy of the accounting utility to capitalize the original setting of meters. Sub- sequent removing and resetting of meters will not be charged to this account, but to operating expenses. Commercial Lamps and Lamp Equipment. Charge to this account the cost of all arc lamps, Nernst lamps, incan- descent lamps and all lamp fixtures and equipment devoted to commer- cial lighting and included in the tangible capital of the utility. Lamps and lamp equipment having an expectancy of life in service of less than one year will not be charged to this account, but will be considered an operating charge. Municipal Contract Lighting System. Charge to tliis account the cost of all lighting equipment operated anntinn System, this account being designed to cover only the cost of the lighting system devoted to the municipal contract service. Where the terms of the contract or an ordinance of the municipality require extension of mains and services for lighting under the terms of the contract, the cost of such extension as long as used solely for public lighting under such contract will be charged to this account. Entries t(^ this account in respect to such extensions shall be so made as to admit of a detailed statement when called for by the Commission. 34 Ptblic 8KKV1CE C'o-M.Missiox OF Nevada General Office Equipment. Charge to this account the cost of all equipment of the general office of the electric utility, embracing such items as olhce furniture and furnish- ings, movable safes, filing-cases and devices, typewriters, aciding machines, addressographs and sundry office equipment having an expectancy of life in service exceeding one year. Stores Department Equipment. Charge to this account the cost of all equipment of the stores depart- ment. This includes loading and unloading machinery, derricks, cranes, hoists, conveying apparatus and equipment, etc. Utility Equipment. Charge this account with the cost of all utility equipment. This includes wagons, draj^s, trucks, harnesses, horses, automolnles, bicycles, motorcy- cles, industrial tramways, etc. Miscellaneous Equipment. Charge to this account all equipment not includible in any of the pre- ceding classified capital accounts, embracing such items as shop appli- ances, shop and laboratory tools, work tools and instruments, street department work tools and instruments, and other miscellaneous equip- ment. Note— Utilities are at liberty to subdivide this account to show the cost of any class of such miscellaneous equipment. Miscellaneous Construction and Equipment Expenditures. Accounts shall be opened as indicated below to which shall be charged all expenditures incurred during construction and before the operation of the electric utilit3% of the character indicated by the title of the accounts. If expenditures are incurred for the service of engineers, superintendents and other technical skill of an advisory character during the process of construction and such items are not chargeable to any of the following accounts, there may be opened the account Engineering and Sv/perin- tendeace. The following detailed accounts should be kept of the expenditures during construction : Salaries During Construction. Charge this account with the salaries of all general officers and general office assistants during the period of construction of the electric utility plant and up to the generation and sale of electric energy. Office Supplies and Expenses During Construction. Charge this account with the cost of all office supplies and expenses incurred during the process of construction of the plant up to the time of generation and sale of electric energy, such as messenger and janitor service, rent of premises occupied during construction, water, light, heat, telegrams, exchange on remittances, etc. Stationery and Printing During Construction. Charge this account with tlie cost of all stationery, i)rinting, postage, blanks, record })ooks, etc., used during the construction of the plant and up to the time of generation and sale of electric energy. Unifor:^! Accounts— Electkic Utilities 35 Law Expenses During* Construction. ( harge to tliis account all law expeiivSes incurred during the period of construction of the electric plant. Charge with the salaries and expenses of counsel, solicitors and general attorneys, their clerks and attendants, etc. Charge also with the cost of law hooks, printing hriefs, legal forms, testimony, reports, fees and retainers of the general counsel and attorneys, court costs and payments of specific notarial and witness fees, expense of taking depositions, and general law and court expenses during construction. Expenses of arbitrators of disputed points will also l)e charged to this account. When any of the expenditures above enumerated can be charged directly to the account for whose l)enefit they were incurred they shall be so charged and not to this account. Thus, expenditures in connection with the acquisition of land to be occupied l)y the stations shall be charged to the appropriate construction account. Law expenses in connection with the organization of the utility, when- ever such can be definitely' ascertained, shall be charged to the account ()i'(/anization . Injuries and Damages During Construction. Charge to this account all damages to or destruction of property other than that owned by the utility, caused directly in connection with the construction of the electric plant, and all expenses incident to injuries or death of employees and other persons for which injuries or death the utility is held liable or in the settlement of which claims allowances are made. This includes such items of expense as judgments for damages and plaintiff's court costs; proportion of salaries and expenses or fees of physicians and surgeons, expenses of undertakers, nurses and hospital expenses, medical and surgical supplies, contributions to hospitals during the period of construction of the plant, transportation of injured persons and wages and salaries paid to employees while disabled. The salaries and expenses of the utility's claim agents, adjusters and their assistants while engaged upon settling such claims arising during construction will be charged to this account. The compensations of the general solicitors or counsel of the utility while engaged in the defense and settlement of damage suits will also be charged to this account. Insurance During Construction. Charge to this account all pre-miums paid to insurance companies for fire, casualty, boiler, fidelity and other insurance covering risks during construction of the electric power plant and its equipment. Taxes During Construction. Charge to this account all taxes and assessments levied and paid on })roperty belonging to the electric utility while under construction and before the plant has begun operations, except special assessments for street and other improvements such as gi-ading, curbing, paving, side- walks, sewer, etc., which shall be charged to the account to which the pro])erty benefited has been charged. Interest During Construction. Charge to this account the interest accrued upon all mone^'and claims payable upon demand acquired for use in connection with the construc- tion and equipment of the electric property from the time of such acquisi- 36 Public Service Commission op Nevada tion until the works are ready for connnercial use. Interest receivable accrued upon such moneys and claims shall be credited to this account. Discount on Bonds During Construction. To this account may he charged the discount on bonds sold for con- struction purposes. The entries to such account shall be made with sufficient detail to permit of their identification and shall show the date when the bonds to which the discount applies were autliorized, when issued and when sold, to whom sold, the amount realized from the sale, })urpose for which the bonds were sold, and the application of the pro- ceeds; all of which details will he called for by the Commission. Miscellaneous Expenditures During Construction. Charge to this account all expenditures incurred during construction not includii)le in any of the preceding accounts. Cost of Plant Purchased (In Lieu of Plant Constructed). Charge to this account the cost of the electric plant purchased in case the Y)\iint of the utility is obtained by purchase instead of being con- structed by it. The entry to this account should show with sufficient detail the name of the parties from whom purchased, the purchase price and all other facts pertinent to such sale, which details will be called for by the Commission. TREASURY SECURITIES Treasury Securities. Charge to tliis account the par value of all stocks and bonds which have been authorized and issued by the utility or assumed by it or held l)y the treasurer or other fiscal agent of the utility for its benefit but which have not been sold. When such securities are sold their par value will be credited to this account. Note— This account may be subdivided into the two following accounts: a. Treasury StocJi. b. Treasury Bonds. INVESTMENTS Investments. By investments, as here used, is meant the cost of the electric utility's title to or interest in all properties acquired, not for use in present oper- ations l)ut for the income to be derived from them, for a rise in value, for tlie control of some private business or other utility service, or for devotion to future operations at a time when the acquisition of such properties will not be possible under such favorable circumstances. In the annual report to be made to the Commission these investments will be required to be classified as to their character and with suflicient detail as to permit of their clear identification, showing the par value of all such stocks or bonds or other investments with the rate of return thereon, the amount of income received therefrom and the book value. Stocks, i)onds or other property in which the funds of Rrsrrres of the utility have been invested will not be shown in this account but as investments of the respective reserves and so shown in the balance sheet to be con- tained in the report to the Commission. Uniform Accounts— Electric Utilities 37 RESERVE ACCOUNTS REQUIRED RESERVES Sinking Fund Reserves. Sinking fund reserves shall be maintained whenever they are required in pursuance of the provisions of mortgage deeds, deeds of trust, con- tracts or provisions of the law. A separate Sinking Fund Reserve shall he maintained for each contractual requirement, to which reserve shall l)e credited any appropriation made in pursuance of the terms of the resi)ective mortgage and trust deeds, contracts, etc., and charged to the account Contractual Sinling Fund Requirements and also accumula- tions resulting from any security belonging to such particular reserve. The title of each reserve shall clearly indicate the purpose for which it is l)eing maintained. An analysis of the charges and credits to this reserve will be called for in the annual report to the Commission. CURRENT ASSETS Cash. Charge to this account all money coming into the possession of the electric utility and in which the utility has the beneficial interest. Also charge it with all bank credits, checks and drafts receivable subject to satisfaction or transfer upon demand, whether payable to bearer or to order. All cash disbursements should be credited to this account. Notes and Bills Receivable. Charge to this account the cost of all notes and bills receivable which are the property of the electric utility and upon which solvent concerns or individuals are liable or which are sufficiently secured as to be con- sidered good. This account includes demand notes, drafts, etc., issued by others than banks, and time notes, drafts, etc., by whomever issued. This account does not include investments nor the interest or dividends receivable from investments. Accounts Receivable. Charge to this account all amounts owing to the electric utility upon accounts with solvent concerns other than banks; also all accounts and claims upon which responsibility is acknowledged by solvent concerns or individuals or which are sufficiently secured to be considered good and of all judgments against solvent concerns where the judgments are not appealable or suspended through appeal. Negotiable instruments will not be charged to this account. Interest and Dividends Receivable. When the electric utility becomes entitled to demand any interest or dividend from solvent concerns tlie amount to which it thus becomes (entitled shall be charged to this account and shall be credited to the appi'opriate account in the Inrotne Arraunt. This account includes inter- est on matured accounts with solvent concerns and upon judgments against solvent debtors where such judgment lias not been susi)en(led as well as interest upon the commercial paper of solvent concerns. It does not include unmatured interest nor dividends not yet declared. 38 PrRLir Service Commission of Nevada Materials and Supplies Fuel. * Charge this account with the cost of all fuel purchased hy the utility at its cost delivered alongside the utility's ])lace of storage, unless pur- chased delivered to the ])lace of storage. Tiie account Fuel Stork Kx pease will ))e closed into this account monthly. Credit this account with all fuel used. Note— This account may be subdivided into accounts A, B and C, if desired, in order to give information rej;arding tlie cost of different kinds of fuel. * Fuel Stork Expense— Ch-^r^e this account with the labor of weigbing, unload- ing. ]>iling and trimming coal and otber fuel for storage or in unloading such fuel from cars and boats, including tbe cost of operating hoisting apparatus, including also the cost of shovels and other hand tools and repairs to such apparatus and tools. (This account will be closed nionthly into tlie Fuel Stock A ecouut.) Power Plant Supplies. Charge this account with all power plant supplies such as lubricating oils, graphite, wipers, waste, station tools, etc., including the freight and handling cost of the same. Credit with the cost of material withdrawn for use. Electric Line Material. Charge this account with all electric line material such as towers, poles, cross-arms, l)races, insulator pins, insulators, Avire, cables, linemen's tools, etc., including the freight and cost of handling such material. Credit with the cost of material withdrawn. Transformers. Charge this account with the cost of all transformers in storage includ- ing the invoice cost, freight, and- the cost of handling. Credit with the cost of transformers withdrawn for service, charging the appropriate operating expense account or the construction account as the nature of the case requires. Meters. Charge this account with the invoice cost, freight, and cost of hand- ling of all meters in stoc^k. Credit this account with meters removed from stock, charging the appropriate operating expense account or con- struction account as the nature of the case requires. Lamps and Lamp Supplies. Charge this account with the invoice cost of all arc lamps, Xernst and incandescent lamps, globes, carbons, etc. Credit this account with mate- rial withdrawn for use, and cliarge the appropriate o[)erating expense account or construction account. Electric Appliances. Charge tliis account with the invoice cost, freight and cost of handling of all electric applijnices eiiibracing such articles as motors, fans, electric flat irons, vibrators, and electric heating appliances, etc. Credit the account with such apj)iiances and iiici-chandisc sold. Miscellaneous Material and Supplies. Charge tins account with the cost of all material i)urchased to be used l)y the electric utility and not i)roi)erly chargeable to any of the preced- ing stock accounts at the cost of such material delivered at store room Uniform Accounts— Electric Utilities 39 including freight, cartage and handling. Credit this account with such material when it is taken from stock. Note— Tliis accoinit may be subdivided into accounts A, H and C, etc., if desired, in order to jtroix'rly account for different classes of stores charged hereto. Sundry Current Assets. T(^ this account shall he charged the cost of all current assets of the utility not includible under any of the preceding current asset accounts. Property readily convertible into money and which is being held with the intent of being so converted into money will be considered as a cur- rent asset and charged to this or the appropriate preceding account. PREPAID ACCOUNTS Prepaid Insurance. \\dien premiums on insurance policies are paid in advance of their accrual, the amounts prepaid whether paid in cash or hy an issue of notes or other negotiahle paper shall be charged to this account. As the premiums accrue they shall he credited at monthly intervals to this account and charged to the operating expense account Tnmrance. Prepaid Taxes. When taxes are paid in advance of their accrual, the amount shall be charged to this account. As the taxes thus prepaid accrue they shall l)e credited at monthly intervals to this account and charged to the operat- ing expense account Taxes. Taxes for special benefits or special assess- ments for improvements will not be charged to this account. Prepaid Interest. When interest is paid in advance of its accrual on any obligations of the utility it shall be charged to this account. As the interest thus pre- paid accrues it shall l)e credited at monthly intervals to this account and charged to the appropriate interest account. Sundry Prepaid Accounts. Charge this account with all prepaid items not includible in the pre- ceding prepaid accounts. As the amounts thus prepaid accrue they shall be credited at monthly intervals to this ciccount and charged to the appropriate expense account. CAPITAL LIABILITIES Capital Stock. In the accounts of stocks outstanding a separate account shall be opened for each class of stock issued and no two stocks shall be con- sidered of the same class unless they are equal in their interest or divi- dend rates, voting rights juid conditions under which they may l)e retired, if the right to retire them is contained in the contract of issue. The characteristics of any (dass of stock in these regards shall be desig- nated in the title of the accounts opened to cover such stocks, and shall be clearly expressed in the first entries to such account. To the account for any class of stocks shall be credited when issued the par value of the amount of su(di stock issued, if such issue is for money that fact shall be stated, and if ff)r any other consideration than money the persons to whom issued shall l)e designated and the consideration for which issued shall be described with sufiicient particularity to admit of identification; 40 Public Service Commission op^ Nevada if such issue is to the treasurer or other fiscal agent of the corporation, or if by him disposed of for the l)enefit of the corporation, that fact and tlie name of such agent shall be shown, and such agent shall in his account of the (hsposition thereof show like details concerning the con- sideration realized thereon, which account, when accepted by the cor- poration, shall be preserved as a corporate record. Funded Debt. The funded ol)ligations of the utility shall be divided into classes according to their characteristics, as to the security for the same, the rate of interest, interest dates, and date of their maturity. A separate sub-account shall be opened for each such class of funded indebtedness and no accounts or debts not agreeing in the characteristics mentioned shall be included in the same sub-account. The titles of each sub-account shall express the characteristics above stated. To the proper sub-account shall be credited, when issued, the par value of the amount of the evi- dences of funded indebtedness issued. The entry shall show not only the amount issued, but the purpose for which issued, and shall make clear and intelligent reference to the corporate records showing all details connected with such transactions. If the consideration received for the issue is anything other than money, the entries shall show further to whom issued and shall describe with sutBcient particularity to identify it, the actual consideration received for it. If the issue is to the agent of an undisclosed principal, the name and business address of such agent and the fact of his agency shall be shown in the entry. MORTGAGE LIABILITIES Real Estate Mortgages. The mortgage ol)ligations of the utility shall be divided into classes according to their characteristics, as to the security for the issue, the rate of interest, interest dates, and the date of maturity. A separate sub- account shall be opened for each mortgage. The title of each such sub- account shall express the characteristics above stated. To the proper sub-account shall be credited, when issued, the total receipts from the sale of evidences of indebtedness secured by the mortgage. The entries shall show the amount of the mortgage debts, the purpose for which such debt was incurred and shall show by intelligent reference all the details connected with such transactions. If the consideration received for the indebtedness is anything other than money the entry shall sho^y the person to whom issued and shall describe with sufficient particularity to identify it the actual consideration received. If the indebtedness is to an agent of an undisclosed principal, the name and Imsiness address of such agent and the fact of his agency, shall l)c stated in the entry. Other Mortgages. This acc Fuel for Steam 15 Water for Steam 15 Miscellaneous Steam Sui)plies and Exi)enses 15 .maintenance: Maintenance of Boiler I^lant Equipment 1"^ Maintenance of Boiler Plant Buildings, Fixtures and Grounds Hi E. ELECTRIC POWER APPORTIONMENT ACCOUNT Electric Utility l'r()i)orti<)n of Total Power 1« 44 List of Accounts and Index OPERATING EXPENSE ACCOUNTS II. Transmission and Transformation operation: page Inspecting and Patrolling Transmission System 16 Sub-Station and Transformer Station Operating Labor 16 Sub-Station and Transformer Station Supplies and Expenses 16 maintenance: INIaintenance of Transmission System 16 Maintenance of Sub-Station and Transformer Station Equipment 17 Maintenance of Sub-Station and Transformer Station Buildings, Fixtures and Grounds — - 17 IV. Distribution operation: Distribution System Operating Labor 17 Distribution System Supplies and Expenses 18 maintenance: Maintenance of Distribution System 18 Maintenance of Transformers 18 Maintenance of Meters 18 V. Consumption operation: Trimming and Inspecting Lamps 18 Lamp Supplies.- : 19 Incandescent Lamp Rene\yals 19 Miscellaneous Consumption Supplies and Expenses 19 Customers' Premises Expenses 19 maintenance: Maintenance of Lamps 20 Note— While the above represent the Ledger Accounts to be kept by all Electric Plants, the following items may be called for in the report to the Commission, the apportionment being made upon the Lamp Hour basis, if sub-accounts are not opened. VI. Commercial Collection Expenses 20 VII. General operation: General Office Salaries , 20 General Office Supplies and Expenses 21 Law Expenses — General 21 Miscellaneous General Expenses 21 maintenance: Maintenance of General Oflice P^quipment 21 Maintenance of General Office Buildings, Fixtures and Grounds 21 VIII. Undistributed Injuries and damages 22 Insurance 22 TAXES Taxes 22 List op Accounts and Index 45 DEDUCTIONS FROM GROSS INCOME page Interest on Funded Debt 23 Interest on Real Estate Mortgages 23 Interest on Floating Debt 23 Contractual Sinking Fund Requirements 23 BALANCE SHEET ACCOUNTS CONSTRUCTION AND EQUIPMENT ACCOUNTS Intangible Organization 28 Franchises 28 Rights, Licenses, etc. 28 Tangible Lands used in operation of Property 29 Power Plant Land 29 Sub-Station and Transformer Station Land 29 General Office Land 29 Utility Equipment Land 29 Buildings, Fixtures and Grounds (used in operation of property) 30 Steam Power Plant Buildings, Fixtures and Grounds 30 Hydraulic Power Plant Buildings, Fixtures and Grounds 30 Boiler Plant Buildings, Fixtures and Grounds 30 Sub-Station and Transformer Station Buildings, Fixtures and Grounds.. 30 General Office Buildings, Fixtures and Grounds 30 Stores Department Buildings, Fixtures and Grounds 31 Utility Equipment Buildings, Fixtures and Grounds 31 Power Plant Equipment . 31 Steam Power Plant Equipment 31 Hydraulic Power Works 31 Hydraulic Power Plant Equipment 32 Boiler Plant P]quipment 32 Transmission System 32 Sub-Station and Transformer Station Equipment 32 Distribution System 33 Transformers 33 Meters 33 Commercial Lamps and Lamp Equipment 33 Municipal (-ontract Lighting System 33 (leneral ( )tlice P^quipment 34 Stores Department Equipment 34 Utility Equipment 34 Miscellaneous Equipment 34 IC) List of Accounts and Index PAGE Miscellaneous Construetion and Equipment Expenditures , .S4 Salaries During Construction :;4 OHice Supplies and Expenses During Construction 84 Stationery and Printing During Construction 34 Law Expenses During Construction 35 Injuries and Damages During Construction 35 Insurance During Construction 85 Taxes During Construction 35 Interest During Construction 35 Discount on Bonds During Construction 36 Miscellaneous Expenditures During Construction 36 Cost of Plant l^irchased (in lieu of plant constructed) 36 TREASUKY SECURITIES Treasury Securities 36 INVESTMENTS Investments 36 RESERVE ACCOUNTS Required Permanent Reserve Sinking Fund Reserve 37 CURRENT ASSETS Cash - 37 Notes and Bills Receivable 37 Accounts Receivable 37 Interest and Dividends Receivable 37 Materials and Supplies 38 Fuel 38 Power Plant Supplies 38 Electric Line Material 38 Transformers 38 Meters 38 Lamps and Lamp Supplies 38 Electric Appliances 38 Sundry Materials and Supplies 38 Sundry Current Assets 39 PREPAID ACCOUNTS Prepaid Insurance 39 I'repaid Taxes 39 Prejiaid Interest ^. 39 Sundry Prepaid Accounts 39 CAPITAL LIABILITIES Cai)ital Stock 39 Funded Debt 40 MORTGAGE LIABILITIES Real Estate Mortgages 40 Otiier Mortgages 40 List of Accounts and Index 47 CURRENT LIABILITIES pack Notes and Bills Payable 41 Accounts Payable 41 Matured Interest on Funded Debt Unpaid 41 Matured Interest on Notes and Bills Payable, Unpaid 41 Dividends Unpaid 41 Deposits 41 Sundry Current Liabilities 41 ACCRUED LIABILITIES Insurance Accrued 42 Taxes Accrued 42 Unmatured Interest on Funded Debt Accrued 42 Unmatured Interest on Notes and Bills Payable Accrued 42 Dividends Accrued 42 Sundry Accrued Liabilities 42 }