Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter706 Motor Carriers |
UNIFORM SYSTEM OF ACCOUNTS FOR LIMOUSINE COMPANIES |
General Provisions |
NAC706.401938. Fixed assets.
Latest version.
- A company shall include in its accounts the original cost of all property that:
1. Is owned by the company and devoted to the limousine operations of the company;
2. Has an estimated service life of more than 1 year; and
3. Had an original cost of more than $100.
(Added to NAC by Transportation Serv. Auth. by R040-02, eff. 9-20-2002)