Account 2680, amortizable tangible assets, includes the cost of property acquired under capital leases and the original cost of leasehold improvements. The cost of capital leases is apportioned among the operations based on similar plant owned or by analysis. The cost of leasehold improvements is apportioned among the operations in direct proportion to the cost of the related primary account.

Cross-References: Amortizable tangible assets, 47 C.F.R. § 32.2680 (1991); Tangible assets - account 2680, 47 C.F.R. § 36.161(a)(b)(c) (1991).

Source: 19 SDR 111, effective January 31, 1993.

General Authority: SDCL 49-1-11 , 49-31-5 , 49-31-18 .

Law Implemented: SDCL 49-31-18 .