Inicio > Term: advances for construction
advances for construction
A deferred credit account representing cash advances paid to the utility by customers requiring the construction of facilities in their behalf. These advances are refundable -- the time or extent of refund is dependent on the contract provisions of the advance (usually dependent on whether or not during a specified period the revenue from the installation warrants the refund). The unrefunded balance, if any, must be transferred to the appropriate plant account.
- Parte del discurso: noun
- Industria/ámbito: Energía
- Categoría: Gas natural
- Company: AGA
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Creador
- JJD
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