Nevada Administrative Code
Chapter 706 - Motor Carriers
UNIFORM SYSTEM OF ACCOUNTS FOR LIMOUSINE COMPANIES
Accounts
Section 706.401988 - Accounts for general and administrative expense: Rentals; repairs and maintenance
Current through December 31, 2024
1. The account for rent must include:
2. The account for equipment rental must include all costs incurred by the company in the rental or leasing of equipment that are not otherwise specifically provided for in other functional divisions.
3. The account for repairs and maintenance must include all costs incurred for outside labor, materials or replacement parts used in the maintenance and repair of buildings, offices and office furniture and equipment, including, without limitation, the costs of maintenance contracts on office equipment. Subaccounts must be maintained for each class of maintenance and repair costs incurred, and entries in the subaccounts must be made in sufficient detail and description 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