Sec. 32.7250  Provision for deferred operating income taxes--net.

    (a) This account shall be charged or credited, as appropriate, with 
contra entries recorded to the following accounts for income tax expense 
that has been deferred in accordance with Sec. 32.22 of Subpart B.

4100  Net Current Deferred Operating Income Taxes
4340  Net Noncurrent Deferred Operating Income Taxes

    (b) Subsidiary record categories shall be maintained to distinguish 
between property and nonproperty related deferrals and so that the 
company may separately report that amounts contained herein that relate 
to Federal, state and local income taxes. Such subsidiary record 
categories shall be reported as required by part 43 of this Commission's 
Rules and Regulations.