Nevada Administrative Code
Chapter 706 - Motor Carriers
UNIFORM SYSTEM OF ACCOUNTS FOR LIMOUSINE COMPANIES
Accounts
Section 706.401975 - Account for other current liabilities
Universal Citation: NV Admin Code 706.401975
Current through December 31, 2024
The account for other current liabilities must include the balances in all open accounts representing current liabilities that are not specifically provided for in the accounts described in NAC 706.401969 to 706.401974, inclusive. Items that must be included in the account for other current liabilities, include, without limitation, unpaid matured interest and interest on unpaid, matured long-term debts. Records supporting the entries to this account must be made with sufficient description and detail to allow ready identification, analysis and verification of all relevant facts.
Added to NAC by Transportation Serv. Auth. by R040-02, eff. 9-20-2002
NRS 706.167, 706.171
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