Section 280-RICR-20-65-1.6 - Books and RecordsA. Public service corporations and/or corporation as provided in § 1.5(B) of this Part required to file annual T-72 returns and/or Form RI-1120C must maintain books and accounting records in accordance with the uniform system of accounts provided by the appropriate regulatory agency.B. The total amount of gross earnings to be reported on Form T-72 should match gross receipts less returns and allowances on the corresponding Federal tax return.C. In the case of telecommunications companies, the amount of uncollectible accounts excluded from gross earnings from operations must agree with the uncollectible account expense taken as the appropriate item on the corresponding Federal tax return.D. All deductions from gross earnings must be reconcilable through the books and records of the entity.E. All items that are a change from book to tax and vice versa must be verifiable through the books and records of the entity.280 R.I. Code R. § 280-RICR-20-65-1.6