---
kind: "section"
citation: "47 C.F.R. § 32.101"
title: "47"
number: "32.101"
heading: "Structure of the balance sheet accounts."
url: "https://uscodex.org/cfr/47/32.101"
---

# §32.101. Structure of the balance sheet accounts.


The Balance Sheet accounts shall be maintained as follows:

- (a) **Account 1120, Cash and equivalents, through Account 1500, Other jurisdictional assets—** net, shall include assets other than regulated-fixed assets.
- (b) Account 2001, Telecommunications plant in service, through Account 2007, Goodwill, shall include the regulated-fixed assets.
- (c) **Account 3100, Accumulated depreciation through Account 3400, Accumulated amortization—** tangible, shall include the asset reserves except that reserves related to certain asset accounts will be included in the asset account. (See §§ [32.2005](/cfr/47/32.2005.md), [32.2682](/cfr/47/32.2682.md) and [32.2690](/cfr/47/32.2690.md).)
- (d) Account 4000, Current accounts and notes payable, through Account 4550, Retained earnings, shall include all liabilities and stockholders equity.

## Notes

### Amendments

[67 FR 5680, Feb. 6, 2002, as amended at 82 FR 20840, May 4, 2017]

### Authority

Authority: 47 U.S.C. 219, 220 as amended, unless otherwise noted.

### Source

Source: 51 FR 43499, Dec. 2, 1986, unless otherwise noted.

### Amendments

[67 FR 5680, Feb. 6, 2002, as amended at 82 FR 20840, May 4, 2017]