17 C.F.R. § 256.108 Accumulated provision for depreciation and amortization of service company property.
Title 17 - Commodity and Securities Exchanges
(a) This account shall be credited with the amount charged to account 403, Depreciation and amortization expense. (b) At the time of retirement of depreciable service company property, this account shall be charged with the book cost of the property retired and the cost of removal, and shall be credited with the salvage value and any other amounts recovered, such as insurance, unless the company maintains costs and related reserves for specific units or types of property. (c) Individual subaccounts for each classification of property listed under account 101, Service company property, shall be maintained.
Title 17: Commodity and Securities Exchanges
PART 256—UNIFORM SYSTEM OF ACCOUNTS FOR MUTUAL SERVICE COMPANIES AND SUBSIDIARY SERVICE COMPANIES, PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
1. service company property
§ 256.108 Accumulated provision for depreciation and amortization of service company property.
