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Code of Federal Regulations (Last Updated: April 5, 2024) |
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Title 18 - Conservation of Power and Water Resources |
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Chapter I - Federal Energy Regulatory Commission, Department of Energy |
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SubChapter U - Regulations Under the Public Utility Holding Company Act of 2005, Federal Power Act and Natural Gas Act |
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Part 367 - Uniform System of Accounts for Centralized Service Companies Subject to the Provisions of the Public Utility Holding Company Act of 2005, Federal Power Act and Natural Gas Act |
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Subpart H - Income Statement Chart of Accounts |
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Service Company Operating Income |
§ 367.4290 - Account 429, Amortization of premium on debt - Credit.
Latest version.
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§ 367.4290 Account 429, Amortization of premium on debt - Credit.
(a) This account must include the amortization of unamortized net premium on outstanding long-term debt. Amounts credited to this account must be charged concurrently to account 225, Unamortized premium on long-term debt (§ 367.2250).
(b) This account must be kept or supported so as to show the premium on each class and series of long-term debt.
(c) This account must include the following items:
(1) Loss relating to investments in securities written-off or written-down.
(2) Loss on sale of investments.
(3) Loss on reacquisition, resale or retirement of service company's debt securities.
(4) Preliminary survey and investigation expenses related to abandoned projects, when not written-off to the appropriate operating expense account.