Nev. Admin. Code § 706.40194

Current through November 25, 2024
Section 706.40194 - Gain or loss on dispositions
1. The account for the gain or loss on the disposal of automotive equipment must include all gains or losses on the disposition of limousines of the company devoted to its limousine operations.
2. The account must be maintained with sufficient detail and description, supported by appropriate records, of each item included to allow ready identification, analysis and verification of all facts relative to each asset disposed of.

Nev. Admin. Code § 706.40194

Added to NAC by Transportation Serv. Auth. by R040-02, eff. 9-20-2002

NRS 706.167, 706.171