Nevada Administrative Code
Chapter 706 - Motor Carriers
UNIFORM SYSTEM OF ACCOUNTS FOR LIMOUSINE COMPANIES
Accounts
Section 706.401987 - Accounts for general and administrative expense: Amortization; depreciation; insurance; bad debts

1. The account for amortization of leasehold improvements must include the amount of amortization applicable to all assets included in the account for leasehold improvements described in NAC 706.401958.

2. The account for furniture and office equipment depreciation must include all depreciation expenses applicable to the account for furniture and office equipment described in NAC 706.40196.

3. The account for buildings and office depreciation must include all depreciation applicable to the buildings account described in NAC 706.401957 not previously charged to any other functional division.

4. The general account for insurance must include all costs incurred for insurance, other than those costs included in the account for insurance for limousines described in subsection 9 of NAC 706.401982 or in the insurance account for shop and garage described in subsection 9 of NAC 706.401984.

5. The account for bad debt expenses must be charged with amounts sufficient to provide for losses from uncollected operating revenues recorded in the account for trade accounts receivable described in NAC 706.401946.