Nevada Administrative Code
Chapter 706 - Motor Carriers
UNIFORM SYSTEM OF ACCOUNTS FOR LIMOUSINE COMPANIES
Accounts
Section 706.401993 - Accounts for other nonoperating income

1. The account for interest earned must include all money earned from savings accounts, interest-bearing loans and notes receivable.

2. The account for discounts earned:

3. The account for rental income must include remuneration received for leasing or renting out space primarily owned or leased by the operating limousine company.

4. The account for gain on the sale of assets, other than automotive equipment, must include all earnings from the sale of equipment, other than automobiles, or improvements at a price above book value.

5. The account for gain on investments must reflect the earnings from the sale of an investment carried on the books of the company as an asset.

6. The account for miscellaneous other income must include any income not otherwise provided for in the uniform system of accounts for limousine operations.