§  32.3100   Accumulated depreciation.

   (a) This account shall include the accumulated depreciation associated
   with the investment contained in Account 2001, Telecommunications Plant
   in Service.

   (b) This account shall be credited with depreciation amounts
   concurrently charged to Account 6561, Depreciation
   expense--telecommunications plant in service. (Note also Account 3300,
   Accumulated depreciation--nonoperating.)

   (c) At the time of retirement of depreciable operating
   telecommunications plant, this account shall be charged with the
   original cost of the property retired plus the cost of removal and
   credited with the salvage value and any insurance proceeds recovered.

   (d) This account shall be credited with amounts charged to Account
   1438, Deferred maintenance, retirements, and other deferred charges, as
   provided in § 32.2000(g)(4) of this subpart. This account shall be
   credited with amounts charged to Account 6561 with respect to other
   than relatively minor losses in service values suffered through
   terminations of service when charges for such terminations are made to
   recover the losses.

   [ 51 FR 43499 , Dec. 2, 1986, as amended at  67 FR 5687 , Feb. 6, 2002;  69 FR 53649 , Sept. 2, 2004]