Statutes, codes, and regulations
Code of Massachusetts Regulations
Department 220 CMR - DEPARTMENT OF PUBLIC UTILITIESTitle 220 CMR 52.00 - Uniform System Of Accounts For Water Companies ContentsPROFIT AND LOSSSCHEDULE OF PROFIT AND LOSS ACCOUNTS
Debits
Section 52.416 - Discount on Bonds Extinguished through Surplus

220 CMR, 52.416

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Current through Register 1538, January 3, 2025
Section 52.416 - Discount on Bonds Extinguished through Surplus

This account shall include appropriations made, at the option of the accounting utility, to reduce or extinguish the discount and expense on bonds carried in balance sheet account No. 216, "Unamortized Debt Discount and Expense." (See Income account No. 578, "Amortization of Discount.")

220 CMR, 52.416