Book excerpt: Excerpt from Uniform Classification of Accounts for Electric Utilities From time to time circulars have been issued explaining the general principles upon which the accounts to be kept were to be based, and what subdivisions were to be made, with the result that a considerable number of utilities have for some time had in operation a system which conforms substantially to that here with submitted. It will be noticed by those utilities that the principal difference between this classification and that which they are now using, is in the title of certain accounts rather than in the subdivisions. The work in its present form is the result of an examination of accounting systems of practically all electric properties in this state supplemented by numerous conferences with electric company officials and their committee on accounting. It is desired that those electric utilities which have not already conformed their accounts to this system will do so at their earliest convenience. It is possible that after an adequate trial, some alterations will be found expedient both from the standpoint of general experience and practice or be cause of local and individual conditions. For the present, how ever, this classification is adherred to and prescribed and upon it will be based the annual report to be made to the Railroad Commission. In the near future a detailed text of instructions to accompany this classification will be mailed to each utility. Owing to the great difference in sizes of the properties it was found necessary to prepare two separate schedules which would recognize these conditions, and by each following the same gen eral principles would permit comparison of operating results between the smallest and largest plants. Class B schedule is the basis upon which Class A schedule has been founded, the latter being an unfolding and refinement of the former. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.