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Current as of January 02, 2025 | Updated by Findlaw Staff
|
RETAINED INCOME ACCOUNTS CONVERSION TABLE |
|||
|---|---|---|---|
|
System of accounts eff. prior to Jan. 1, 1978 |
System of accounts eff. Jan. 1, 1978 |
||
|
Account title |
No. |
No. |
Account title |
|
Credit |
|||
|
Credit balance (at beginning of calendar year)․ |
601 |
601 |
Credit balance (at beginning of calendar year). |
|
Prior period adjustments to beginning retained income account |
601.5 |
601.5 |
Prior period adjustments to beginning retained earnings account. |
|
Credit balance transferred from income․․․․․․․․․ |
602 |
602 |
Credit balance transferred from income. |
|
Other credits to retained income․․․․․․․․․․․․․․․ |
606 |
606 |
Other credits to retained earnings. |
|
Debit |
|||
|
Debit balance (at beginning of calendar year)․․ |
611 |
611 |
Debit balance (at beginning of calendar year). |
|
Debit balance transferred from income․․․․․․․․․․ |
612 |
612 |
Debit balance transferred from income. |
|
Other debits to retained income․․․․․․․․․․․․․․․․ |
616 |
616 |
Other debits to retained earnings. |
|
Appropriations for sinking and other reserve funds |
620 |
620 |
Appropriations for sinking and other funds. |
|
Appropriations for other purposes․․․․․․․․․․․․․․ |
621 |
621 |
Appropriations for other purposes. |
|
Appropriations released․․․․․․․․․․․․․․․․․․․․․․․․ |
622 |
603 |
Appropriations released. |
|
Dividends․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․ |
623 |
623 |
Dividends. |
Cite this article: FindLaw.com - Code of Federal Regulations Title 49. Transportation 49 CFR Pt. 1201, Table 4 Retained Income Accounts - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-49-transportation/cfr-pt-49-1201-table-4/
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