Sec. 32.3420  Accumulated amortization--leasehold improvements.

    (a) This account shall include the accumulated amortization 
associated with the investment contained in Account 2682, Leasehold 
Improvements.
    (b) This account shall be credited with amounts for the amortization 
of leasehold improvements concurrently charged to Account 6563, 
Amortization Expense--Tangible. (Note also Account 3300, Accumulated 
Depreciation--Nonoperating.)
    (c) When any item carried in Account 2682 is sold, is relinquished, 
or is otherwise retired from service, this account shall be charged with 
the cost of the retired item. Remaining amounts associated with the item 
shall be debited to Account 7360, Other Nonoperating Income.