NOTE B: The cost of repairing passenger-train cars of foreign lines, which are waybilled as freight and have been damaged in transit, shall be charged to account No. 418, "Loss and damage-Freight," and the cost of repairing passengertrain cars of foreign lines having trackage rights over the carrier's line, when damaged by collision, wreck, or otherwise, for which the carrier is liable, shall be charged to account No. 416, "Damage to property." 10.323 Floating equipment-Repairs. This account shall include the cost of repairing floating equipment (other than work equipment), including appurtenances, and cost of small hand tools used in repairs. The pay and expenses of captains and engineers and of boat employees, while engaged on maintenance of floating equipment, shall be included in this account. (Note carefully §§ 10.2–2, 10.2–3.) LIST OF FLOATING EQUIPMENT Kitchen equipment. Life preservers. Lighting equipment. Cables. Capstan bars. Carpets. Charts. China, crockery, and Linen. glassware. Lines. Chronometers. Logs. Clocks. Compasses. Counters. Seats, chairs, and cushions. Shovels. Slice bars and pokers. Steam distribution sys- Machinery and founda- Steering equipment. NOTE A: When the compensation for the use of floating equipment includes rent, maintenance, and operation, the portion covering rent shall be included in income account No. 539, "Rent for floating equipment," the portion covering repairs shall be included in this account, the portion covering depreciation shall be included in account No. 331, "Equipment-Depreciation," and the portion covering operation shall be included in account No. 408, "Operating floating equipment," or in the primary accounts in general account V, "TransportationWater line," as may be appropriate. NOTE B: The cost of repairs resulting from casualties shall be charged to the casualty accounts when covered by insurance and to insurance reserves to the extent of the accruals therein when such reserves have been provided for the *For statutory citation, see note to § 10.00-1. For source citation, see note to § 10.201. Page 153 [153] damage to property. Any part of such cost not recoverable from underwriters or chargeable to insurance reserves shall be charged to the repair account. 10.326 Work equipment-Repairs. This account shall include the cost of repairing rail and floating work equipment, including appurtenances, and cost of small hand tools used in repairs. The cost of fitting up commercial cars for work service in connection with maintenance and operation; the cost of refitting them for commercial service; the cost of repairs to locomotives while in service for repairs of road and equipment; and the cost of repairs to foreign cars damaged while in such service shall be included in this account; also amounts paid in settlement for such cars destroyed in such service. (Note carefully §§ 10.2-2, 10.2-3, § 10.03-2.) NOTE: The cost of repairs to work equipment on account of construction work shall be included in the cost of the construction work on which it is used. (See § 10.01.4 (c).) 10.328 Miscellaneous equipment-Repairs. This account shall include the cost of repairing miscellaneous equipment, such as wagons, automobiles, and other highway vehicles, and harness. (Note carefully §§ 10.2–2, 10.2–3).** [As amended June 13, 1934] 10.329 Equipment-Retirements. This account shall include the cost of tearing down retired equipment and recovering the salvage therefrom.*t [As amended June 18, 1934] 10.330 Extraordinary retirements-Equipment. This account shall include the proportion of the service value of equipment retired carried in account 7262, "Equipment retired," which by specific authority of this Commission shall be charged to operating expenses in the period. (See § 10.2-24 (f).)** [As amended June 13, 1934] 10.331 Equipment-Depreciation. This account shall include the amount of depreciation charges applicable to the accounting period for all classes of equipment the ledger value of which is includible in accounts 51 to 54 and 56 to 58, all inclusive. (See also § 10.2–24.) *† [As amended June 13, 1934] 10.332 Injuries to persons. This account shall include expenses on account of injuries to persons which occur directly in connection with repairs of equipment. Services of employees and others called in consultation in relation to claim adjustments, pay and expenses of employees while engaged as witnesses at inquests and lawsuits, and a suitable proportion of donations made to hospitals shall be included in this account. NOTE A: Expenses incident to personal injury suits, not otherwise provided for, shall be included in account No. 454, "Law expenses." *For statutory citation, see note to § 10.00-1. Page 155 NOTE B: Amounts donated by a carrier to hospitals shall be distributed, 25 percent to account No. 274, "Injuries to persons"; 25 percent to account No. 332, "Injuries to persons"; and 50 percent to account No. 420, "Injuries to persons." NOTE C: The pay, office rent, and office and other expenses of claim adjusters, claim clerks, and others in charge of or engaged in connection with claim cases, when not assignable to a distinct class of claims, shall be apportioned equally among the several classes of claims over which they have jurisdiction or in connection with which they are engaged. 10.333 Insurance. This account shall include premiums, except reinsurance premiums, for insuring the carrier against loss, through injuries to persons or damage to or destruction or loss of property, whether caused by fire, accident, or other cause, when such loss to the carrier would be chargeable to Maintenance of Equipment; also premiums on fidelity bonds of employees whose pay is chargeable to Maintenance of Equipment. (See § 10.2-18.)*+ NOTE: The premiums paid by the carrier to its insurance fund shall be credited to an insurance reserve account, to which account shall be charged the amount of all claims for injuries to persons and damages to the property covered by its insurance. To such account shall also be charged all reinsurance premiums paid to insurance companies, and to it shall be credited all amounts recovered from insurance companies for damage to the property reinsured by them. 10.334 Stationery and printing. This account shall include the cost of stationery and printing used in connection with maintenance of equipment. Page 156 *For statutory citation, see note to § 10.00-1. Wage tables. Water colors. Tissue (impression) pa- Typewriters and ribbons. Wrapping paper. Wringers for copying presses. NOTE: The cost of dictionaries, periodicals, technical books, etc., shall be included in the appropriate superintendence accounts. 10.335 Other expenses. This account shall include expenses in connection with the maintenance of equipment not properly chargeable to other accounts for maintenance of equipment or to clearing accounts such as "Material store expenses" and "Shop expenses." ITEMS OF EXPENSE (See § 10.2-22.) Pay and expenses of mechanical department employees attending conferences with officers in connection with mechanical department wage disputes. Fees paid arbitrators in connection with mechanical department wage disputes. Payments to mechanical department employees for time absent on account of sickness when not in compensation for personal injuries. 10.336 Maintaining joint equipment-Dr. This account shall include the carrier's proportion of expenses incurred by others in maintaining equipment used in the operation of trains for joint benefit, in the operation of joint terminals, and in the maintenance of jointly used tracks, yards, and other facilities, including the carrier's proportion of expenses of repairing equipment made necessary by accidents in such service when such expenses are participated in by more than one party to the joint arrangement.* [As amended July 25, 1925] NOTE: The purpose of this account is to show the amount accruing against the carrier for its proportion of the expense of maintaining equipment which is maintained by others and in the joint use of which the carrier participates. 10.337 Maintaining joint equipment-Cr. This account shall include amounts chargeable to others as their proportions of expenses incurred by the carrier in maintaining equipment used in the operation of trains for joint benefit, in the operation of joint terminals, and in the maintenance of jointly used tracks, yards, and other facilities, including the proportion recoverable from others of the expenses of repairing equipment made necessary by accidents in such service, when such expenses are participated in by more than one party to the joint arrangement.*t [As amended July 25, 1925] NOTE: The purpose of this account is to show the amounts accruing in favor of the carrier and against others for their proportions of the expense of maintaining equipment which is maintained by the carrier and in the joint use of which others participate. 10.338 Equalization-Equipment. This account shall include adjustments of the differences between the actual and the budgeted or authorized maintenance of equipment expenses as provided in § 10.2-19 of the special instructions for operating expenses of this classification. The amounts included in this account shall concurrently be debited or credited to account 774, "Maintenance reserves."** [As amended June 13, 1934] *For statutory citation, see note to § 10.00-1. Page 157 |