INDEX
(Reference is to Page.)
" Amortization, distinct from deprecia-
A tion, 11, 86.
Abbreviations, vii. during life of franchise, 67.
Academic discussion of methods of during probable life term, 175.
procedure, 105. hypothetical case in illustration, 83.
Accounting, construction account, In- incomplete, 87.
terstate Commerce Commission, insufficient, an example of, g6.
229. of capital, rate, 34.
depreciation and replacements, In- of reasonable cost, a fundamental
terstate Commerce Commission, principle, 32.
230. owner controls amounts received, 35.
engineering account, Interstate Com- period and rate of, 188.
merce Commission, 232. use of fund, 89.
interest-during-construction account, value of stock affected, 88.
Interstate Commerce Commis- (see Depreciation).
sion, 233. Amortization fund, accumulation not
Interstate Commerce Commission, always essential, 8g, 127.
various accounts, 229. accumulations become the property
land retired from use, Interstate of owner, 170.
Commerce Commission, 232. sometimes considered as measuring
principles applied to Unlimited Life depreciation, 86.
Method, 233. (see Replacement fund).
principles applied to other methodsof Am. Soc. C. E. Committee, contingen-
appraisal, 23s. cies, 49.
purpose of the system, 229. engineering expenses, 43.
Accrued depreciation, definition, 20. general expense, 48.
value affected, 125. insurance and risk, so.
(see Depreciation). interest and taxes, 52.
Actual life (see Life). Annual depreciation (see Depreciation).
Age, composite, definition of, 22. Annual replacement requirement (see
Agency theory, owner as agent of rate- Replacement), 24.
payer (see Owner), 5. Annuity, computations of, to meet re-
Alvord’s method of determining going placements, 120.
value, 653. methods of satisfying replacement
Amortization, accrued, 170. requirements, 102.
amount of, 180. Table 26, Amount of an Annuity of
application of earnings, 95. $1, 366.
complex plants, 89. Table 26, explanation, 364.
definition, 23. Table 27, Annuity which will amount
Depreciation and Amortization, to $1 in given time, 379.
Table 33, 459. Table 27, explanation, 377.
Depreciation and Amortization, Table 28, Present value of an
Table 33, explanation, 453. Annuity of $1, 392.
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