FCC 32.3410 Revised as of October 1, 2006
Goto Year:2005 |
2007
Sec. 32.3410 Accumulated amortization—capitalized leases.
(a) This account shall include the accumulated amortization associated with
the investment contained in Account 2681, Capital Leases.
(b) This account shall be credited with amounts for the amortization of
capital leases concurrently charged to Account 6563, Amortization
expense—tangible. (Note also Account 3300, Accumulated
depreciation—nonoperating.)
(c) When any item carried in Account 2681 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 7100, Other operating income and expenses, or Account
7300, Nonoperating income and expense, as appropriate.
[ 51 FR 43499 , Dec. 2, 1986, as amended at 67 FR 5688 , Feb. 6, 2002; 69 FR 53649 , Sept. 2, 2004]
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