Goto Section: 32.2006 | 32.2110 | Table of Contents

FCC 32.2007
Revised as of October 1, 2020
Goto Year:2019 | 2021
  §  32.2007   Goodwill.

   (a) This account shall include any portion of the plant purchase price
   that cannot be assigned to specifically identifiable property acquired
   and such amount should be identified as "goodwill". Such amounts
   included in this account shall be amortized to Account 7300,
   Nonoperating income and expense, on a straight line basis over the
   remaining life of the acquired plant, not to exceed 40 years.

   (b) The amounts included in this account shall be maintained to show
   the nature of each amount.

   [ 51 FR 43499 , Dec. 2, 1986, as amended at  67 FR 5686 , Feb. 6, 2002]


Goto Section: 32.2006 | 32.2110

Goto Year: 2019 | 2021
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