[Code of Federal Regulations]
[Title 47, Volume 2]
[Revised as of October 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 47CFR32.101]

[Page 401]
 
                       TITLE 47--TELECOMMUNICATION
 
        CHAPTER I--FEDERAL COMMUNICATIONS COMMISSION (CONTINUED)
 
PART 32_UNIFORM SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES--Table of 
 
            Subpart C_Instructions for Balance Sheet Accounts
 
Sec. 32.101  Structure of the balance sheet accounts.


    The Balance Sheet accounts shall be maintained as follows:
    (a) Account 1120, Cash and equivalents, through Account 1500, Other 
jurisdictional assets--net, shall include assets other than regulated-
fixed assets.
    (b) Account 2001, Telecommunications plant in service, through 
Account 2007, Goodwill, shall include the regulated-fixed assets.
    (c) Account 3100, Accumulated depreciation through Account 3410, 
Accumulated amortization--capitalized leases, shall include the asset 
reserves except that reserves related to certain asset accounts will be 
included in the asset account. (See Sec. Sec. 32.2005, 32.2682 and 
32.2690.)
    (d) Account 4000, Current accounts and notes payable, through 
Account 4550, Retained earnings, shall include all liabilities and 
stockholders equity.

[67 FR 5680, Feb. 6, 2002]