Code of Federal Regulations: Containing a Codification of Documents of General Applicability and Future Effect as of December 31, 1948, with Ancillaries and IndexDivision of the Federal Register, the National Archives, 1980 - Administrative law |
Other editions - View all
Common terms and phrases
accordance with instruction account shall include accounting company Accounts Payable accounts receivable accrued Administrative affiliated companies amended at 40 Amortization amounts payable applied appropriate ations balance sheet book cost capital stock carrier operations cars cash charged to account classification yards cluded Commission common carrier control account count credited to account current assets current liabilities debit deferred income tax deferred taxes Delivery depreciation discount dividends employees expense accounts extraordinary items fees Freight fuel funded debt Haul include the cost included in account instruction 28B investment issued or assumed Joint facility lease liability material ment Miscellaneous Paid motor carrier N/A N/A N/A Noncarrier NOTE obligations operating expenses operating property operating revenues operating-carrier par value Passenger payments penses premium property and equipment purchased receivable recorded rent Repair and Maintenance retained earnings retired Salaries supplies System of accounts tax credit terminal tion transportation Treasury stock
Popular passages
Page 173 - Control" (including the terms "controlling," "controlled by," and "under common control with") means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a company, whether such power is exercised through one or more intermediary companies, or alone, or in conjunction with, or pursuant to an agreement, and whether such power is established through a majority or minority ownership or voting of securities...
Page 276 - ... whether through the ownership of voting securities, by contract or otherwise. If in any Instance the existence of control Is or may be open to reasonable doubt, the carrier shall report to the Commission all of the material facts pertinent to the possible existence of control.
Page 173 - Nominally issued," as applied to securities issued or assumed by the utility, means those which have been signed, certified, or otherwise executed, and placed with the proper officer for sale and delivery, or pledged, or otherwise placed in some special fund of the...
Page 277 - Depreciation," means the loss in service value not restored by current maintenance, and incurred in connection with the consumption or prospective retirement of physical property in the course of service from causes against which the carrier is not protected by insurance which are known to be in current operation, and whose effect can be forecast with a reasonable approach to accuracy.
Page 11 - ... fees paid trustees; specific costs of obtaining governmental authority; fees for legal services; fees and commissions paid underwriters, brokers, and salesmen for marketing such evidences of debt: fees and expenses of listing on exchanges; and other like costs. 11. "Depreciation...
Page 173 - ... under common control with") means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a company, whether such power is exercised through one or more intermediary companies, or alone, or in conjunction with, or pursuant to an agreement, and whether such power is established through a majority or minority ownership or voting of securities, common directors, officers, or stockholders, voting trusts, holding trusts, associated companies,...
Page 50 - Contingent assets are those without value to the accounting company until the fulfillment of conditions regarded as uncertain. Contingent liabilities include items which may, under certain conditions, become obligations of the company, but are neither direct nor assumed obligations on the date of the balance sheet.
Page 636 - When such material is used for filling, the cost of loading, hauling and dumping shall be equitably apportioned between the work in connection with which the removal occurs and the work in connection with which the material is used...
Page 40 - A lease which meets one or more of the following criteria: (1) the lease transfers ownership of the property to the lessee by the end of the lease term; (2) the lease contains a bargain purchase option; (3) the lease term is equal to 75 percent or...
Page 564 - Associated companies" means companies or persons that directly, or indirectly through one or more intermediaries, control, or are controlled by, or are under common control with, the accounting company. B. "Control" (including the terms "controlling,