Interpretations of accounting classifications prescribed by the Interstate Commerce Commission for steam roads
Abstract
This accounting bulletin, which contains interpretations of the accounting classifications in connection with various questions, supersedes Accounting Bulletin No. 8, which became effective July 1, 1912. Its preparation and issue became necessary on account of the issuance of the revised accounting classifications which became effective July 1, 1914. In tentative form, this bulletin was submitted to the railroad commissions of the several States and to the Association of American Railway Accounting Officers. All suggestions received from such parties have been given careful consideration and many of them have been incorporated in this bulletin. In many instances the questions are in substantially the same form as printed in Accounting Bulletin No. 8 or Accounting Series Circular No. 12e, only the necessary modifications to meet the effective accounting rules having been made. A number of the cases, however, contain questions which have arisen since the present classifications became effective.